Distributed ledger technology: Applications and implications

Abstract

Abstract Distributed ledger technologies (DLTs) are rewriting conventional notions of business transacting, creating fresh opportunities for value creation and capture. Using qualitative interview data as a primary resource, the proposed five‐point model synthesizes these possibilities, demonstrating how they may lead to “disruptive innovation.” A further conceptual model is subsequently provided with a view to assisting future problem solving in the area.