TY - GEN
T1 - Process Mining on Blockchain Data
T2 - 19th International Conference on Business Process Management, BPM 2021
AU - Hobeck, Richard
AU - Klinkmüller, Christopher
AU - Bandara, H. M.N.Dilum
AU - Weber, Ingo
AU - van der Aalst, Wil M.P.
N1 - Publisher Copyright:
© 2021, Springer Nature Switzerland AG.
PY - 2021
Y1 - 2021
N2 - Through its smart contract capabilities, blockchain has become a technology for automating cross-organizational processes on a neutral platform. Process mining has emerged as a popular toolbox for understanding processes and how they are executed in practice. While researchers have recently created techniques for the challenging task of extracting authoritative data from blockchains to facilitate the analysis of blockchain applications using process mining, as yet there has been no clear evaluation of the usefulness of process mining on blockchain data. With this paper, we close that gap with an in-depth case study of process mining on the popular Ethereum application Augur, a prediction and betting marketplace. We were able to generate value-adding insights for application-redesign and security analysis, as validated by the application’s chief architect and revealed blind spots in Augur’s white paper.
AB - Through its smart contract capabilities, blockchain has become a technology for automating cross-organizational processes on a neutral platform. Process mining has emerged as a popular toolbox for understanding processes and how they are executed in practice. While researchers have recently created techniques for the challenging task of extracting authoritative data from blockchains to facilitate the analysis of blockchain applications using process mining, as yet there has been no clear evaluation of the usefulness of process mining on blockchain data. With this paper, we close that gap with an in-depth case study of process mining on the popular Ethereum application Augur, a prediction and betting marketplace. We were able to generate value-adding insights for application-redesign and security analysis, as validated by the application’s chief architect and revealed blind spots in Augur’s white paper.
KW - Blockchain
KW - Case study
KW - Conformance checking
KW - Ethereum
KW - Process discovery
KW - Process mining
UR - http://www.scopus.com/inward/record.url?scp=85115136239&partnerID=8YFLogxK
U2 - 10.1007/978-3-030-85469-0_20
DO - 10.1007/978-3-030-85469-0_20
M3 - Conference contribution
AN - SCOPUS:85115136239
SN - 9783030854683
T3 - Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
SP - 306
EP - 323
BT - Business Process Management - 19th International Conference, BPM 2021, Proceedings
A2 - Polyvyanyy, Artem
A2 - Wynn, Moe Thandar
A2 - Van Looy, Amy
A2 - Reichert, Manfred
PB - Springer Science and Business Media Deutschland GmbH
Y2 - 6 September 2021 through 10 September 2021
ER -