Integrating blockchain technology within an information ecosystem

Abstract

Context: Blockchain-based information ecosystems (BBIEs) are a type of information ecosystem in which blockchain technology is used to provide a trust mechanism among parties and to manage shared business logic, breaking the traditional scheme of information ecosystems dominated by a leading company and leveraging the decentralization of data management, information flow, and business logic.

Objective: In this paper, we'd like to propose an architecture and the technical aspects concerning creating a BBIE, underlining the supplied advantages and the logic decomposition among the business and storage components.

Method: The requirements are derived from the current needs of the collaborative business and the data collected by surveying practitioners. To meet these needs, we followed the Grounded Theory research approach. We validate our architectural schema against a case study on managing a wine supply chain involving different companies and supervision authorities.

Results: The proposed solution integrates blockchain-based applications with the existing information system as a module of the ecosystem, leveraging on the low costs, scalability, and high-level security because of the restricted access to the network.

Conclusion: We must go a long way in deepening and refining the possibilities offered by technology in supporting innovative multi-organizational business models. BBIEs can contribute substantially to paving the way in such a direction.