Priority evaluation factors for blockchain application services in public sectors

Blockchain is rapidly becoming established as the core technology of the Fourth Industrial Revolution. By combining blockchain to improve processes in existing industries, innovative new services will emerge, but services not effectively applied by blockchain will also develop. This study investigat...

Full description

Bibliographic Details
Main Authors: Joongyeup Lee, Beomsoo Kim, Ae Ri Lee
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2023-01-01
Series:PLoS ONE
Online Access:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9980796/?tool=EBI
_version_ 1811159897263308800
author Joongyeup Lee
Beomsoo Kim
Ae Ri Lee
author_facet Joongyeup Lee
Beomsoo Kim
Ae Ri Lee
author_sort Joongyeup Lee
collection DOAJ
description Blockchain is rapidly becoming established as the core technology of the Fourth Industrial Revolution. By combining blockchain to improve processes in existing industries, innovative new services will emerge, but services not effectively applied by blockchain will also develop. This study investigated the factors to be considered when applying the characteristics of blockchain technology to business. We developed a framework of blockchain service utility evaluation indexes using the analytic hierarchy process method. The Delphi method is used to identify highly effective blockchain application service cases by applying the evaluation framework to actual use cases in the public sector. By proposing a framework of utility evaluation factors for blockchain application services, this study provides a systematic foundation for blockchain business review. We address the question of “why blockchain should be applied to this service” by providing a more comprehensive approach than existing research, such as a fragmentary decision tree. Blockchains are expected to become more active along with the full-scale digital transformation of industries, and thus, we must examine the ways to broadly use blockchain as a base technology in a form applicable to the diverse industries and societies constituting the digital economy. Accordingly, this study presents an evaluation solution for promoting efficient policies and developing successful blockchain application services.
first_indexed 2024-04-10T05:48:30Z
format Article
id doaj.art-4a2fe3fcc67d422f8127bac6ff6dbc29
institution Directory Open Access Journal
issn 1932-6203
language English
last_indexed 2024-04-10T05:48:30Z
publishDate 2023-01-01
publisher Public Library of Science (PLoS)
record_format Article
series PLoS ONE
spelling doaj.art-4a2fe3fcc67d422f8127bac6ff6dbc292023-03-05T05:31:32ZengPublic Library of Science (PLoS)PLoS ONE1932-62032023-01-01183Priority evaluation factors for blockchain application services in public sectorsJoongyeup LeeBeomsoo KimAe Ri LeeBlockchain is rapidly becoming established as the core technology of the Fourth Industrial Revolution. By combining blockchain to improve processes in existing industries, innovative new services will emerge, but services not effectively applied by blockchain will also develop. This study investigated the factors to be considered when applying the characteristics of blockchain technology to business. We developed a framework of blockchain service utility evaluation indexes using the analytic hierarchy process method. The Delphi method is used to identify highly effective blockchain application service cases by applying the evaluation framework to actual use cases in the public sector. By proposing a framework of utility evaluation factors for blockchain application services, this study provides a systematic foundation for blockchain business review. We address the question of “why blockchain should be applied to this service” by providing a more comprehensive approach than existing research, such as a fragmentary decision tree. Blockchains are expected to become more active along with the full-scale digital transformation of industries, and thus, we must examine the ways to broadly use blockchain as a base technology in a form applicable to the diverse industries and societies constituting the digital economy. Accordingly, this study presents an evaluation solution for promoting efficient policies and developing successful blockchain application services.https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9980796/?tool=EBI
spellingShingle Joongyeup Lee
Beomsoo Kim
Ae Ri Lee
Priority evaluation factors for blockchain application services in public sectors
PLoS ONE
title Priority evaluation factors for blockchain application services in public sectors
title_full Priority evaluation factors for blockchain application services in public sectors
title_fullStr Priority evaluation factors for blockchain application services in public sectors
title_full_unstemmed Priority evaluation factors for blockchain application services in public sectors
title_short Priority evaluation factors for blockchain application services in public sectors
title_sort priority evaluation factors for blockchain application services in public sectors
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9980796/?tool=EBI
work_keys_str_mv AT joongyeuplee priorityevaluationfactorsforblockchainapplicationservicesinpublicsectors
AT beomsookim priorityevaluationfactorsforblockchainapplicationservicesinpublicsectors
AT aerilee priorityevaluationfactorsforblockchainapplicationservicesinpublicsectors