Exploring Blockchain Technology to Improve Multi-party Relationship in Business Process Management Systems

Alves, Paulo Henrique Cardoso; Paskin, Ronnie; Frajhof, Isabella Zalcberg; Miranda, Yang Ricardo; Jardim, João Gabriel; Cardoso, Jose Jorge Brum; Tress, Eduardo Henrique Haddad; Cunha, Rogério Ferreira da

doi:10.5220/0009565108170825

Cited by 11 publications

(5 citation statements)

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“…Moreover, some blockchain technologies enable the execution of smart contracts, which are programming code that includes business logic in the execution process and can be deployed on a blockchain platform [Alves. et al 2020].…”

Section: Blockchainmentioning

confidence: 99%

Enhancing Corporate Social Responsibility with Blockchain-based Trackable ESG Tokens

Miranda

Alves

Paskin

et al. 2023

Anais Do VI Workshop Em Blockchain: Teoria, Tecnologias E Aplicações (WBlockchain 2023)

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ESG is a sustainability framework promoting sustainability and responsible business practices relevant to Petrobras, a major Brazilian oil and gas company. In this sense, blockchain emerged as a technology for trustworthy information storage. This work demonstrates the ESG Token solution, built on top of EVM-compatible smart contracts to address data and process transparency, security, availability, and auditability. RBB (Brazilian Blockchain Network) was used to deploy the ESG Token smart contract, and the pluggable architecture allows for separating the blockchain layer from the business solution. Furthermore, ESG Token integrates with GovBR’s digital signature platform, enabling self-declarations of validated identities to enhance accountability.

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Section: Blockchainmentioning

confidence: 99%

Enhancing Corporate Social Responsibility with Blockchain-based Trackable ESG Tokens

Miranda

Alves

Paskin

et al. 2023

Anais Do VI Workshop Em Blockchain: Teoria, Tecnologias E Aplicações (WBlockchain 2023)

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“…The paper by Alves et al [74] highlights the difficulties associated with ensuring strict adherence to business rules and reliability in a multi-party environment. Incorporating blockchain technology into a BPM System (BPMS) presents intricacies about establishing a secure registry resistant to tampering, implementing smart contracts for self-execution, and preserving a trustworthy environment for all participants.…”

Section: Hybrid Models 431 Synergies Achieved By Combining Traditiona...mentioning

confidence: 99%

Blockchain and Business Process Management (BPM) Synergy: A Comparative Analysis of Modeling Approaches

Taherdoost,

Madanchian

2023

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Blockchain technology has become a powerful disruptive force that upends established ideas in several industries. A fascinating point of convergence is that of blockchain technology and Business Process Management (BPM), where the distributed and immutable characteristics of blockchain promise to completely transform the modeling, implementation, and oversight of business processes. This symbiosis offers a singular chance to develop corporate processes that are more efficient, safe, and transparent. Nevertheless, to guarantee that blockchain-specific components are accurately represented in these processes, modeling techniques need to be critically examined as part of integrating blockchain into BPM. This literature review examines blockchain-BPM integration using different modeling methodologies. Though well-established, traditional BPM approaches may need help with blockchain-specific aspects. Blockchain-oriented modeling includes smart contracts and decentralized consensus. Hybrid models with blockchain and traditional elements are popular. Adaptability, model clarity, and blockchain integration are evaluated in the analysis. This literature review aims to improve corporate processes’ efficiency, security, and transparency by investigating how to model the integration of blockchain and BPM better.

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“…One major weakness is the lack of details pertaining to how methods are applied to process models [53]. Later, Alves et al [9] close the gap by devising a technique and integrating WES into Camunda running on Hyperledger Fabric. The workable artifact is demonstrated through a use case of geophysics data acquisition processes.…”

Section: Bc-assisted Bp Executionsmentioning

confidence: 99%

Applications of Blockchain in Business Processes: A Comprehensive Review

Viriyasitavat

Niyato

et al. 2022

IEEE Access

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Blockchain (BC), as an emerging technology, is revolutionizing Business Process Management (BPM) in multiple ways. The main adoption is to serve as a trusted infrastructure to guarantee the trust of collaborations among multiple partners in trustless environments. Especially, BC enables trust of information by using Distributed Ledger Technology (DLT). With the power of smart contracts, BC enforces the obligations of counterparties that transact in a business process (BP) by programming the contracts as transactions. This paper aims to study the state-of-the-art of BC technologies by (1) exploring its applications in BPM with the focus on how BC provides the trust of BPs in their lifecycles; (2) identifying the relations of BPM as the need and BC as the solution with the assessment towards BPM characteristics; (3) discussing the up-to-date progresses of critical BC in BPM; (4) identifying the challenges and research directions for future advancement in the domain. The main conclusions of our comprehensive review are (1) the study of adopting BC in BPM has attracted a great deal of attention that has been evidenced by a rapidly growing number of relevant articles. (2) The paradigms of BPM over Internet of Things (IoT) have been shifted from persistent to transient, from static to dynamic, and from centralized to decentralized, and new enabling technologies are highly demanded to fulfill some emerging functional requirements (FRs) at the stages of design, configuration, diagnosis, and evaluation of BPs in their lifecycles. (3) BC has been intensively studied and proven as a promising solution to assure the trustiness for both of business processes and their executions in decentralized BPM. (4) Most of the reported BC applications are at their primary stages, future research efforts are needed to meet the technical challenges involved in interoperation, determination of trusted entities, confirmation of time-sensitive execution, and support of irreversibility.INDEX TERMS Blockchain, business process management, smart contracts, and trust assurance.

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Exploring Blockchain Technology to Improve Multi-party Relationship in Business Process Management Systems

Cited by 11 publications

References 0 publications

Enhancing Corporate Social Responsibility with Blockchain-based Trackable ESG Tokens

Enhancing Corporate Social Responsibility with Blockchain-based Trackable ESG Tokens

Blockchain and Business Process Management (BPM) Synergy: A Comparative Analysis of Modeling Approaches

Applications of Blockchain in Business Processes: A Comprehensive Review

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