REQUIREMENTS FOR DISTRIBUTED LEDGER TECHNOLOGY IMPLEMENTATIONS: A PERSPECTIVE ON DLT ENABLED BUSINESS MODELS IN COOPERATIVE RELATIONSHIPS

Distributed ledger technology (DLT) is considered to have a versatile impact on existing and new business models. Especially given its feature of distributed and shared ledgers, this technology is leveraged ideally in cooperative relationships where value creation occurs through business models linking various actors, such as in Ecosystems or Networks. However, it is said that the adoption of DLT is poor or implementations fail. While contemporary research primarily examines the technical capabilities of blockchain, new research, also adapting non-technical views, the cooperative relationship and business model perspective, is scarce. Using qualitative research and comparative analysis, we aim to provide theoretical contributions and practical guidance for DLT in such scenarios. As a first step, we conducted two systematic literature reviews and identified 33 requirements. In the future, we aim to analyze business models leveraging DLT in cooperative relationships to investigate factors driving successful implementations and the potential for classification schemes