Böhmecke-Schwafert, M., Wehinger, M., & Teigland, R. (2022): Blockchain for the circular economy: Theorizing blockchain’s role in the transition to a circular economy through an empirical investigation. Business Strategy and the Environment, 1– 16. https://doi.org/10.1002/bse.3032
Abstract: Blockchain is increasingly lauded as an enabler of the transition to a circular economy. While there is considerable conceptual research and some empirical studies on this phenomenon, scholars have yet to develop a theoretical model of blockchain’s role in this transition. Grounded in the sustainability transition literature, this paper addresses this gap through the following research question: What role does blockchain play in the transition to a circular economy? Following an abductive approach, we conducted interviews with ground-level experts implementing blockchain innovations for the circular economy across Europe and the United States. Through a thematic analysis, we derived a theoretical model of the relationships among (1) drivers and barriers of the transition to a circular economy, (2) blockchain innovation for the circular economy, (3) technical challenges of blockchain, and (4) the circular economy. While blockchain plays a moderating role, interviewees considered it only an infrastructural resource rather than a panacea.
Preikschat, K., Böhmecke-Schwafert, M., Buchwald, J.-P., Stickel, C. (2020): Trusted systems of records based on Blockchain technology - a prototype for mileage storing in the automotive industry. Concurrency Computat Pract Exper. 2020;e5630. doi.org/10.1002/cpe.5630
Abstract: Blockchain technology has the potential to bring transparency and trust to a multitude of use cases. Our research demonstrates that the technology can reduce asymmetric information in markets by bridging trust gaps. The combination of blockchain and Internet of Things technology that automatically collects sensor data, provides a feasible, decentralized technological solution for such an inefficient “Market of Lemons” coined by nobel laureate Georg Akerlof. In this paper, we develop a system prototype to reduce mileage fraud on the used car markets. Our work demonstrates the feasibility of a trusted system of records for (vehicle) data such as mileage data using a distributed database based on the public Ethereum network and smart contracts. We have identified eight requirements that are fulfilled by the prototype and the functional logic and design of thesolution can be reproduced to any other application area characterized by a lack of trust between actors or by the absence of a trusted central authority. However, the developed prototype suffers from similar limitations and challenges as the technology itself. Low throughput causes limitations in scalability and transaction costs are unpredictable. Further development of the blockchain technology and considering more cost-efficient consensus mechanisms will address these issues.
Böhmecke-Schwafert, M., Niebel, C. (2018): The General Data Protection’s (GDPR) impact on data-driven business models: The case of the right to data portability and Facebook, ITU Journal: ICT Discoveries, Vol. 1, Issue 2.
Abstract: The General Data Protection Regulation (GDPR) has recently come into force and will have wide implications for the digital economy and the business models of various tech firms, as well as providing new opportunities for innovation. The GDPR aims to provide consumers with the control of their personal data, provide trust in the digital economy and harmonize data protection throughout the EU pursuant to the Digital Single Market strategy. This paper attempts to analyze and outline how the GDPR might change the data-driven business models (DDBMs) of firms, yet nonetheless they may lead to a variety of positive effects. Indeed, the principles and individual rights in the GDPR tackle monopolistic structures (and lock-ins), and they can increase the quality of data and digital provisions as a result of competitive pressures, as well as promoting consumer trust in the digital market. One of the individual rights and newer features introduced by the GDPR, namely the right to ‘data portability’, will be considered with regard to the case of its impact on Facebook’s DDBM.
Böhmecke-Schwafert, M. (2021): The Phenomenon of Blockchain Innovation for International Trade in Global Value Chains: A Systematic Literature Review-
Böhmecke-Schwafert, M., Blind, K. (2021): The influence of Product Market Regulation on Trade in Global Value Chains: Evidence from OECD and BRICS Countries from 2000–2015.
Böhmecke-Schwafert, M., García Moreno, Eduardo. (2021): Exploring Blockchain-based Innovations for Economic and Sustainable Development in the Global South: A Mixed-Method Approach based onWeb Mining and Topic Modeling.
Böhmecke-Schwafert, M., Dörries, C. (2021): Measuring Innovation in Emerging Countries with Unsupervised Machine Learning An explorative analysis of the ICT Sector in Mauritius based on Web Mining and Topic Modeling.