References of "Urbach, Nils"
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See detailTarzan and chain: exploring the ICO jungle and evaluating design archetypes
Bachmann, Nina M.; Drasch, Benedict; Fridgen, Gilbert UL et al

in Electronic Markets (2021)

The phenomenon of a blockchain use case called initial coin offering (ICO) is drawing increasing attention as a novel funding mechanism. ICO is a crowdfunding type that utilizes blockchain tokens to allow ... [more ▼]

The phenomenon of a blockchain use case called initial coin offering (ICO) is drawing increasing attention as a novel funding mechanism. ICO is a crowdfunding type that utilizes blockchain tokens to allow for truly peer-to-peer investments. Although more than \$7bn has been raised globally via ICOs as at 2018, the concept and its implications are not yet entirely understood. The research lags behind in providing in-depth analyses of ICO designs and their long-term success. We address this research gap by developing an ICO taxonomy, applying a cluster analysis to identify prevailing ICO archetypes, and providing an outlook on the token value market performance for individual archetypes. We identify five ICO design archetypes and display their secondary market development from both a short-term and a long-term perspective. We contribute to an in-depth understanding of ICOs and their implications. Further, we offer practitioners tangible design and success indications for future ICOs. [less ▲]

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See detailOpportunities and Challenges of DLT (Blockchain) in Mobility and Logistics
Fridgen, Gilbert UL; Guggenberger, Nikolas; Hoeren, Thomas et al

Report (2019)

This report presents the economic potential, legal framework, and technical foundations required to understand distributed ledger (DL) / blockchain technology and llustrates the opportunities and ... [more ▼]

This report presents the economic potential, legal framework, and technical foundations required to understand distributed ledger (DL) / blockchain technology and llustrates the opportunities and challenges they present, especially in the mobility and logistics sectors. It was compiled by the blockchain laboratory at Fraunhofer FIT on behalf of the German Federal Ministry of Transport and Digital Infrastructure (BMVI). Its intended audience comprises young companies seeking, for example, a legal assessment of data protection issues related to DL and blockchain technologies, decisionmakers in the private sector wishing concrete examples to help them understand how this technology can impact existing and emerging markets and which measures might be sensible from a business perspective, public policymakers and politicians wishing to familiarize themselves with this topic in order to take a position, particularly in the mobility and logistics sectors, and members of the general public interested in the technology and its potential. The report does not specifically address those with a purely academic or scientific interest in these topics, although parts of it definitely reflect the current state of academic discussion. [less ▲]

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See detailBuilding a Blockchain Application that Complies with the EU General Data Protection Regulation
Rieger, Alexander UL; Guggenmos, Florian; Lockl, Jannik et al

in MIS Quarterly Executive (2019), 18(4), 263--279

Complying with the EU General Data Protection Regulation (GDPR) poses significant challenges for blockchain projects, including establishing clear responsibilities for compliance, securing lawful bases ... [more ▼]

Complying with the EU General Data Protection Regulation (GDPR) poses significant challenges for blockchain projects, including establishing clear responsibilities for compliance, securing lawful bases for processing personal data, and observing rights to rectification and erasure. We describe how Germany’s Federal Office for Migration and Refugees addressed these challenges and created a GDPR-compliant blockchain solution for cross-organizational workflow coordination. Based on the lessons learned, we provide three recommendations for ensuring blockchain solutions are GDPR-compliant. [less ▲]

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See detailSupporting communication and cooperation in the asylum procedure with Blockchain technology : A proof of concept by the Federal Office for Migration and Refugees
Fridgen, Gilbert UL; Guggenmos, Florian; Lockl, Jannik et al

Report (2019)

The proof of concept showed that the use of Blockchain technology could support cross-organisational communication and cooperation in the asylum procedure. In addition, Blockchain could provide an ... [more ▼]

The proof of concept showed that the use of Blockchain technology could support cross-organisational communication and cooperation in the asylum procedure. In addition, Blockchain could provide an important foundation for the establishment of digital identities and allow an asylum seeker’s procedure to be tracked based on this identity. Admittedly, not all applicable data protection regulations were fully implemented in the proof of concept. However, the findings gained as part of the project provide a promising basis for the development of a Blockchain-based solution for the asylum procedure that complies with data protection requirements. Moreover, the developed concept could scale beyond Germany’s borders. Blockchain-based, transnational management of asylum procedures could therefore become a joint project of the European member states to strengthen cooperation while safeguarding federal structures. This means that Blockchain technology could be the start of digital federalism in Europe (including the asylum procedure). [less ▲]

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See detailChancen und Herausforderungen von DLT (Blockchain) in Mobilität und Logistik
Fridgen, Gilbert UL; Guggenberger, Nikolas; Hoeren, Thomas et al

Book published by Federal Ministry of Transport and Digital Infrastructure (2019)

This basic report presents the economic potential e, the legal framework and the technical fundamentals of distributed ledger or blockchain technology necessary for understanding in order to exploit the ... [more ▼]

This basic report presents the economic potential e, the legal framework and the technical fundamentals of distributed ledger or blockchain technology necessary for understanding in order to exploit the opportunities and challenges of these technologies, especially in the mobility and logistics sector. clear. The basic report was prepared on behalf of the Federal Ministry of Transport and Digital Infrastructure (BMVI) by the blockchain laboratory of Fraunhofer FIT. [less ▲]

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See detailSolution-based Innovation : A Method for Emerging Technology Use Case Development
Fridgen, Gilbert UL; Lockl, Jannik; Radszuwill, Sven et al

in Workshop Blockchain Research ? Beyond the Horizon, European Conference on Information Systems (ECIS) (2018)

Interest in blockchain is growing rapidly and at a global scale. The potential to disrupt various industries is attributed to the emerging blockchain technology. Organizations and institutions have thus ... [more ▼]

Interest in blockchain is growing rapidly and at a global scale. The potential to disrupt various industries is attributed to the emerging blockchain technology. Organizations and institutions have thus begun to examine the emerging the technology and its impact on their businesses. However, researchers and practitioners still lack a systematic approach to understand the po-tential of blockchain and to develop convincing use cases. We addressed this research gap by applying an action design research approach and situational method engineering to propose a method for the development of blockchain technology use cases. Following this approach, we iteratively evaluate and further develop the proposed method through application in four distinct industries. In a next research step, we now focus on a broader context and evaluate if our existing use case development method is applicable for other emerging technologies than blockchain. By doing so, we seek to broaden our evaluation, generalize our method, and support practitioners and researchers in better leveraging the opportunities of continuous digital transformation. [less ▲]

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See detailSupport of communication and cooperation in the asylum process with the help of blockchain: A feasibility study by the Federal Office for Migration and Refugees
Fridgen, Gilbert UL; Guggenmos, Florian; Lockl, Jannik et al

Report (2018)

Digital technologies are changing our society in many ways. In addition to significant increases in productivity and new forms of value creation, the rapid digital change also brings with it a multitude ... [more ▼]

Digital technologies are changing our society in many ways. In addition to significant increases in productivity and new forms of value creation, the rapid digital change also brings with it a multitude of political and social challenges. While the digitization of the public sector in Germany is still facing challenges, other countries are already further. For example, Estonia has already largely digitized its administration. The federal government would also like to advance Germany with a targeted digitization strategy and strengthen public administration through the use of digital technologies. One of the focus technologies in this context is blockchain. Blockchain is a decentralized data structure, in which data in cryptographically linked blocks can be stored invariably and traceably. The essential concept of blockchain technology is to manage the data to be stored through a subscriber network instead of a central instance. In addition, new blockchain technologies make it possible to automate parts of the cross-agency process management. Due to its properties, blockchain technology offers a good opportunity for coordination in federal structures, as required by the German asylum process. In addition to one body primarily responsible, the Federal Office for Migration and Refugees, other authorities at both federal and state level are involved in the asylum process. For example, initial reception centers and immigration authorities are subordinate to the respective federal states or part of the local government. This results in a large number of process variants, heterogeneous IT infrastructures and an incomplete digital exchange of information. A cross-agency data source already exists in the form of the Central Register of Foreigners (AZR). The AZR contains a large amount of data that may be recorded and stored by the authorized authorities in accordance with applicable law (especially AZRG). In addition, there is a need for IT-based support for cross-agency communication and cooperation. The Federal Office for Migration and Refugees has now evaluated to what extent blockchain can contribute to overcoming these challenges and promote the establishment of digital identities in the asylum context as well as cross-agency communication and cooperation. A proof-of-concept project that the Federal Office carried out in the first half of 2018 serves as an essential reference point. The project began with the selection of the use case ("simplified asylum process") and a pre-evaluation of the suitability of the blockchain technology. After a positive pre-evaluation, a suitable system was developed by a mixed team from the Federal Office, the Fraunhofer FIT Business Informatics project group and a technology partner. The project was then evaluated according to a blockchain-specific evaluation framework. In addition to technical and professional aspects, the focus here was in particular on issues relating to data protection law. The proof-of-concept project has shown that the use of blockchain technology could support cross-agency communication and cooperation in the asylum process. In addition, blockchain could lay an important foundation for the establishment of digital identities and make the process flow of an asylum seeker traceable on the basis of such an identity. It is true that it has not yet been possible to fully implement all applicable data protection regulations in the developed proof-of-concept. However, the knowledge gained in the course of the project forms a promising basis for the development of a data protection-compliant blockchain-based solution for the asylum process. In addition, due to the federal structure taken into account, the developed concept could also be scaled beyond Germany's borders. A blockchain-based, transnational management of asylum processes could thus become a joint project of the European member states to strengthen cooperation while preserving federal structures. Blockchain technology could thus be the beginning of digital federalism in Europe (also in the asylum area). [less ▲]

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See detailDon't Slip on the Initial Coin Offering (ICO) : A Taxonomy for a Blockchain-enabled Form of Crowdfunding
Fridgen, Gilbert UL; Regner, Ferdinand; Schweizer, André et al

in 26th European Conference on Information Systems (ECIS) (2018)

Blockchain is rapidly evolving and there is an increasing interest in the technology in both prac-tice and academia. Recently, a blockchain use case called Initial Coin Offering (ICO) draws a lot of ... [more ▼]

Blockchain is rapidly evolving and there is an increasing interest in the technology in both prac-tice and academia. Recently, a blockchain use case called Initial Coin Offering (ICO) draws a lot of attention. ICO is a novel form of crowdfunding that utilizes blockchain tokens to allow for tru-ly peer-to-peer investments. Although, more than 4.5 billion USD have been invested via ICOs, the phenomenon is poorly understood. Scientific research lacks a structured classification of ICOs to provide further insights into their characteristics. We bridge this gap by developing a taxonomy based on real-world ICO cases, related literature, and expert interviews. Further, we derive and discuss prevailing ICO archetypes. Our findings contribute to theory development in the field of ICOs by enriching the descriptive knowledge, identifying design options, deriving ICO archetypes, and laying the foundation for further research. Additionally, our research pro-vides several benefits for practitioners. Our proposed taxonomy illustrates that there is no one-size-fits-all model of ICOs and might support the decision-making process of start-ups, investors and regulators. The proposed ICO archetypes indicate how common ICOs are designed and thus might serves as best practices. Finally, our analysis indicates that ICOs represent a valid alter-native to traditional crowdfunding approaches. [less ▲]

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See detailBlockchain and smart contracts : Technologies, research issues and applications
Schütte; Fridgen, Gilbert UL; Prinz, Wolfgang et al

Report (2018)

This position paper analyzes blockchain technology from a scientific and application-oriented perspective of the Fraunhofer-Gesellschaft. It examines relevant technical aspects and related research ... [more ▼]

This position paper analyzes blockchain technology from a scientific and application-oriented perspective of the Fraunhofer-Gesellschaft. It examines relevant technical aspects and related research questions. This shows that the technology still has fundamental research and development challenges in all areas. These include, for example, the modularization of individual blockchain concepts as well as their combination and integration for application-specific blockchain solutions. The investigation of fields of application and industries that can best benefit from the new technology shows that different properties of the blockchain are relevant for a field of application are. While the automation potential associated with smart contracts is essential for the Internet of Things, it is the irreversibility of the transactions managed for applications in the areas of supply chain, digital media or for guarantees of origin. However, the decisive aspect is that the blockchain is of great relevance for many different areas of application outside of the financial sector and, above all, independent of cryptocurrencies. The paper provides a list of criteria to identify applications that are suitable for using a blockchain. that the blockchain is of great relevance for many different areas of application outside of the financial sector and, above all, independent of cryptocurrencies. The paper provides a list of criteria to identify applications that are suitable for the use of a blockchain. that the blockchain is of great relevance for many different areas of application outside of the financial sector and, above all, independent of cryptocurrencies. The paper provides a list of criteria to identify applications that are suitable for using a blockchain. [less ▲]

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See detailA Solution in Search of a Problem : A Method for the Development of Blockchain Use Cases
Fridgen, Gilbert UL; Lockl, Jannik; Radszuwill, Sven et al

in 24th Americas Conference on Information Systems (AMCIS) (2018)

Blockchain technology is a very recent and fast evolving phenomenon with the potential to disrupt various industries. Organizations are thus increasingly looking at the technology and are forming multi ... [more ▼]

Blockchain technology is a very recent and fast evolving phenomenon with the potential to disrupt various industries. Organizations are thus increasingly looking at the technology and are forming multi-functional teams to evaluate the technology and its impact on their businesses. However, researchers and practitioners still lack a technology-driven, systematic approach to understand the potential of blockchain and to develop convincing use cases. We address this research gap by applying an action design research approach and situational method engineering to propose a method for the development of blockchain use cases. Following this approach, we iteratively evaluated and further developed the proposed method through application and testing in four distinct industries. We thus derive constructive knowledge at the cutting edge of digital transformation, innovation management, and utilization of emerging technologies. In addition, our research supports practitioners in systematically developing blockchain use cases. [less ▲]

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See detailCross-Organizational Workflow Management Using Blockchain Technology : Towards Applicability, Auditability, and Automation
Fridgen, Gilbert UL; Radszuwill, Sven; Urbach, Nils et al

in 51st Annual Hawaii International Conference on System Sciences (HICSS) (2018)

Bringing Blockchain technology and business process management together, we follow the Design Science Research approach and design, implement, and evaluate a Blockchain prototype for cross-organizational ... [more ▼]

Bringing Blockchain technology and business process management together, we follow the Design Science Research approach and design, implement, and evaluate a Blockchain prototype for cross-organizational workflow management together with a German bank. For the use case of a documentary letter of credit we describe the status quo of the process, identify areas of improvement, implement a Blockchain solution, and compare both workflows. The prototype illustrates that the process, as of today paper-based and with high manual effort, can be significantly improved. Our research reveals that a tamper-proof process history for improved auditability, automation of manual process steps and the decentralized nature of the system can be major advantages of a Blockchain solution for cross-organizational workflow management. Further, our research provides insights how Blockchain technology can be used for business process management in general. [less ▲]

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See detailDeveloping an Evaluation Framework for Blockchain in the Public Sector : The Example of the German Asylum Process
Fridgen, Gilbert UL; Guggenmos, Florian; Lockl, Jannik et al

in 1st ERCIM Blockchain Workshop 2018 (2018)

The public sector presents several promising applications for blockchain technology. Global organizations and innovative ministries in countries such as Dubai, Sweden, Finland, the Netherlands, and ... [more ▼]

The public sector presents several promising applications for blockchain technology. Global organizations and innovative ministries in countries such as Dubai, Sweden, Finland, the Netherlands, and Germany have recognized these potentials and have initiated projects to evaluate the adoption of blockchain technology. As these projects can have a far-reaching impact on crucial government services and processes, they should involve a particularly thorough evaluation. In this paper, we provide insights into the development of a framework to support such an evaluation for the German asylum process. We built this framework evolutionarily together with the Federal Office for Migration and Refugees. Its final version consists of three levels and eighteen categories of evaluation criteria across the technical, functional and legal domains and allows specifying use-case specific key performance indicators or knockout criteria. [less ▲]

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See detailTowards a Theory of Decentral Digital Process Ecosystems : Evidence from the Case of Digital Identities
Lockl, Jannik; Rieger, Alexander UL; Fridgen, Gilbert UL et al

in Workshop Blockchain Research ? Beyond the Horizon (2018)

Blockchain could transform process management and usher in decentral digital process ecosystems. Such ecosystems present a paradigm shift from central control towards decentral coordination and we ... [more ▼]

Blockchain could transform process management and usher in decentral digital process ecosystems. Such ecosystems present a paradigm shift from central control towards decentral coordination and we increasingly see them appear in various places. Here, we provide our idea of a theory of the emergence of these ecosystems and their theoretical constructs. Our theory builds on a single-case study in the area of digital identities for refugees in Europe. [less ▲]

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See detailBlockchain Lab : Design, Implementation and Evaluation of Innovative Business and Process Models
Fridgen, Gilbert UL; Prinz, Wolfgang; Rose, Thomas et al

in ERCIM News (2017), (110), 36--37

Blockchain is considered to be enabling technology that is going beyond the Bitcoin crypto currency. It replaces centralized transaction management by the distribution of transactions across a network of ... [more ▼]

Blockchain is considered to be enabling technology that is going beyond the Bitcoin crypto currency. It replaces centralized transaction management by the distribution of transactions across a network of nodes with different methods for consensus finding. This major change of governance may change sectors of our societies far beyond digital currencies. Fraunhofer FIT established a Blockchain Lab in 2016 in order to explore its impact. It will serve as an experience lab for technical components, implementation platforms, application prototypes and blueprints for novel governance, process, and business models. [less ▲]

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