Gartner Research

How Blockchain Will Affect Your Business Model

Published: 01 February 2019

ID: G00370305

Analyst(s): Dale Kutnick, Richard Hunter

Summary

There is no such thing as a “blockchain business model.” During the next few years, CIOs will use blockchains mostly to increase efficiencies in existing business models.

Table Of Contents

Analysis

  • Blockchain Is a Portfolio of Technologies, Not a Business Model
  • A Business Model Describes How a Business Is Configured to Create Value
  • When Three or More Components of a Business Model (Starting With the Value Proposition) Change, It’s a New Business Model
  • Blockchains Will Change Enterprise Financial Models and Capabilities by Removing Layers of Transaction Handling
  • Blockchain Offers Potential Access to New and/or Underserved Markets and Customers, Including Things
  • Blockchain — Especially Public — Demands Changes in Enterprise Capabilities
  • Blockchain Anonymity Will Create Challenges for Governments and Digital Business
  • Summary: During the Next Five Years, Blockchains Are More Likely to Change Enterprise Operating Models Than Business Models

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