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Blockchain is a radical innovation with a unique value proposition thatshifts trust from institutions to algorithms. Still, the potential ofblockchains remains elusive due to knowledge gaps between computer scienceresearch and socio-economic research. Building on information technologygovernance literature and the theory of coevolution, this study develops aprocess model for blockchain configurations that captures blockchain capabilitydimensions and application areas. We demonstrate the applicability of theproposed blockchain configuration process model on four blockchain projects.The proposed blockchain configuration process model assists with the selectionand configuration of blockchain systems based on a set of known requirementsfor a blockchain project. Our findings contribute to research by bridgingknowledge gaps between computer science and socio-economic research onblockchain. Specifically, we explore existing blockchain concepts and integratethem in a process model for blockchain configurations.

Managing Blockchain Systems and Applications: A Process Model for Blockchain Configurations