Blockchain or no blockchain? That is the question: Blockstart: a cross case analysis of 17 blockchain feasibility studies

Klara Paardenkoper, Josanne Heeroma-ten Katen, Ruud Wijlhuizen, Victor van der Hulst, Anca Petre, Ron van Duin

Research output: Contribution to journalArticleProfessional


Blockchain is a new promising technology for SMEs. This paper analyses 17
blockchain feasibility studies in order to answer the question, in which cases
blockchain creates value for individual companies and how does it create this
value. The research is conducted by Windesheim and Rotterdam Universities of
Applied Sciences and 23 consulting at small and medium size enterprizes (SMEs)
that were acquired by the consortium partners of the Blockstart project. The data
was collected by extended interviews, the results of which are categorised into 13
criteria. In the paper these criteria for the individual companies are compared and
analysed. The results of the analysis are that blockchain can add value in most
cases in three ways, the first important factor is cost reduction. The second one is
enhancing existing processes which is often related to avoiding risks. Blockchain
as a trust anchor can provide traceability of transactions and prevents costly
disputes or provenance claims, creating a win-win cost reduction. Thirdly,
blockchain can contribute to the market position of a company by creating a new
playing field in an existing market. This can be reached by means of a platform for
transactions, creating access to information that supports trust, in a secured
manner. For these value adding factors the question whether to apply blockchain
or not can be definitely answered by a ‘yes.
Original languageEnglish
Pages (from-to)10-21
Number of pages11
JournalLogitiek+, tijdschrift voor toegepaste logistiek
Publication statusPublished - 2023
Externally publishedYes


Dive into the research topics of 'Blockchain or no blockchain? That is the question: Blockstart: a cross case analysis of 17 blockchain feasibility studies'. Together they form a unique fingerprint.

Cite this