A Framework for the Profitable Integration of Distributed Ledger Technologies in Enterprise Networks

Distributed ledger technologies (DLT) have been piloted in enterprises to improve transparency and trust relationships among multiple partners but have not managed to mature as planned. Even though most implementation projects demonstrate various opportunities for the involved partners, enterprises...

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Main Authors: Tan Gürpinar, Michael Henke, Boris Düdder
Format: Article
Language:English
Published: University Library System, University of Pittsburgh 2025-05-01
Series:Ledger
Subjects:
Online Access:http://ledger.pitt.edu/ojs/ledger/article/view/395
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author Tan Gürpinar
Michael Henke
Boris Düdder
author_facet Tan Gürpinar
Michael Henke
Boris Düdder
author_sort Tan Gürpinar
collection DOAJ
description Distributed ledger technologies (DLT) have been piloted in enterprises to improve transparency and trust relationships among multiple partners but have not managed to mature as planned. Even though most implementation projects demonstrate various opportunities for the involved partners, enterprises experience difficulties in assessing the technology’s impact on profitability in order to make valid investment decisions and improve productivity. This paper employs the dynamic capabilities theory to explore how enterprises can adapt and leverage DLT for improved profitability. It presents an applicable profitability assessment model and a collection of quantitative profitability factors of DLT in enterprise networks. The framework and its associated models are developed through an inductive Grounded Theory-based approach, composed of literature reviews and qualitative empirical studies from 40 participating mixed-industry blockchain, tangle, and hashgraph experts. To retrieve profitability factors in a structured manner, the framework features an integration model covering necessary assessment steps; a taxonomy and heat map characterizing the maturity and assessment situation of the DLT; as well as an assessment model to identify and monetize profitability factors.
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spelling doaj-art-8da4d0cc424c4ddf958e87f7e072cd332025-08-20T01:50:46ZengUniversity Library System, University of PittsburghLedger2379-59802025-05-011010.5195/ledger.2025.395A Framework for the Profitable Integration of Distributed Ledger Technologies in Enterprise NetworksTan Gürpinar0Michael Henke1Boris Düdder2Quinnipiac UniversityTU Dortmund UniversityUniversity of Copenhagen Distributed ledger technologies (DLT) have been piloted in enterprises to improve transparency and trust relationships among multiple partners but have not managed to mature as planned. Even though most implementation projects demonstrate various opportunities for the involved partners, enterprises experience difficulties in assessing the technology’s impact on profitability in order to make valid investment decisions and improve productivity. This paper employs the dynamic capabilities theory to explore how enterprises can adapt and leverage DLT for improved profitability. It presents an applicable profitability assessment model and a collection of quantitative profitability factors of DLT in enterprise networks. The framework and its associated models are developed through an inductive Grounded Theory-based approach, composed of literature reviews and qualitative empirical studies from 40 participating mixed-industry blockchain, tangle, and hashgraph experts. To retrieve profitability factors in a structured manner, the framework features an integration model covering necessary assessment steps; a taxonomy and heat map characterizing the maturity and assessment situation of the DLT; as well as an assessment model to identify and monetize profitability factors. http://ledger.pitt.edu/ojs/ledger/article/view/395Distributed Ledger TechnologyBusiness EfficiencyGovernanceVertical & Horizontal Integration
spellingShingle Tan Gürpinar
Michael Henke
Boris Düdder
A Framework for the Profitable Integration of Distributed Ledger Technologies in Enterprise Networks
Ledger
Distributed Ledger Technology
Business Efficiency
Governance
Vertical & Horizontal Integration
title A Framework for the Profitable Integration of Distributed Ledger Technologies in Enterprise Networks
title_full A Framework for the Profitable Integration of Distributed Ledger Technologies in Enterprise Networks
title_fullStr A Framework for the Profitable Integration of Distributed Ledger Technologies in Enterprise Networks
title_full_unstemmed A Framework for the Profitable Integration of Distributed Ledger Technologies in Enterprise Networks
title_short A Framework for the Profitable Integration of Distributed Ledger Technologies in Enterprise Networks
title_sort framework for the profitable integration of distributed ledger technologies in enterprise networks
topic Distributed Ledger Technology
Business Efficiency
Governance
Vertical & Horizontal Integration
url http://ledger.pitt.edu/ojs/ledger/article/view/395
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