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The development of a blockchain-based business model simulator with an application to civic medical data management

Research output: Contribution to Journal/Magazine › Journal article › peer-review

E-pub ahead of print

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The development of a blockchain-based business model simulator with an application to civic medical data management. / Cunningham, J.; Davies, N.; Devaney, S. et al.
In: Digital Business, Vol. 5, No. 1, 100112, 30.06.2025.

Research output: Contribution to Journal/Magazine › Journal article › peer-review

Harvard

Cunningham, J, Davies, N, Devaney, S, Harding, M, Holm, S, Neumann, V & Ainsworth, J 2025, 'The development of a blockchain-based business model simulator with an application to civic medical data management', Digital Business, vol. 5, no. 1, 100112. https://doi.org/10.1016/j.digbus.2025.100112

APA

Cunningham, J., Davies, N., Devaney, S., Harding, M., Holm, S., Neumann, V., & Ainsworth, J. (2025). The development of a blockchain-based business model simulator with an application to civic medical data management. Digital Business, 5(1), Article 100112. Advance online publication. https://doi.org/10.1016/j.digbus.2025.100112

Vancouver

Cunningham J, Davies N, Devaney S, Harding M, Holm S, Neumann V et al. The development of a blockchain-based business model simulator with an application to civic medical data management. Digital Business. 2025 Jun 30;5(1):100112. Epub 2025 Mar 29. doi: 10.1016/j.digbus.2025.100112

Author

Cunningham, J. ; Davies, N. ; Devaney, S. et al. / The development of a blockchain-based business model simulator with an application to civic medical data management. In: Digital Business. 2025 ; Vol. 5, No. 1.

Bibtex

@article{4a36e926a6694cbb81a694e2c1faf899,
title = "The development of a blockchain-based business model simulator with an application to civic medical data management",
abstract = "Blockchain technology is reshaping business models by altering how transactions and data integrity are managed. This shift necessitates evaluating long-term profitability and operational efficiency across various blockchain frameworks. Our research describes the development and application of a business model simulator, beginning with use case analysis, followed by the simulator's design and application to the Civic Data Identity Partnership project. We developed a transaction model, ran simulations, and analyzed outcomes to identify key cost drivers and assess the viability of different blockchain architectures. The results highlight the influence of execution costs, legal frameworks, and blockchain selection on financial outcomes, providing insights into the scalability and sustainability of blockchain applications in real-world scenarios.",
author = "J. Cunningham and N. Davies and S. Devaney and M. Harding and S. Holm and V. Neumann and J. Ainsworth",
year = "2025",
month = mar,
day = "29",
doi = "10.1016/j.digbus.2025.100112",
language = "English",
volume = "5",
journal = "Digital Business",
number = "1",

}

RIS

TY - JOUR

T1 - The development of a blockchain-based business model simulator with an application to civic medical data management

AU - Cunningham, J.

AU - Davies, N.

AU - Devaney, S.

AU - Harding, M.

AU - Holm, S.

AU - Neumann, V.

AU - Ainsworth, J.

PY - 2025/3/29

Y1 - 2025/3/29

N2 - Blockchain technology is reshaping business models by altering how transactions and data integrity are managed. This shift necessitates evaluating long-term profitability and operational efficiency across various blockchain frameworks. Our research describes the development and application of a business model simulator, beginning with use case analysis, followed by the simulator's design and application to the Civic Data Identity Partnership project. We developed a transaction model, ran simulations, and analyzed outcomes to identify key cost drivers and assess the viability of different blockchain architectures. The results highlight the influence of execution costs, legal frameworks, and blockchain selection on financial outcomes, providing insights into the scalability and sustainability of blockchain applications in real-world scenarios.

AB - Blockchain technology is reshaping business models by altering how transactions and data integrity are managed. This shift necessitates evaluating long-term profitability and operational efficiency across various blockchain frameworks. Our research describes the development and application of a business model simulator, beginning with use case analysis, followed by the simulator's design and application to the Civic Data Identity Partnership project. We developed a transaction model, ran simulations, and analyzed outcomes to identify key cost drivers and assess the viability of different blockchain architectures. The results highlight the influence of execution costs, legal frameworks, and blockchain selection on financial outcomes, providing insights into the scalability and sustainability of blockchain applications in real-world scenarios.

U2 - 10.1016/j.digbus.2025.100112

DO - 10.1016/j.digbus.2025.100112

M3 - Journal article

VL - 5

JO - Digital Business

JF - Digital Business

IS - 1

M1 - 100112

ER -