2021
da Silva Torres, Isaac; Fantinato, Marcelo; Branco, Gabriela Musse; Gordijn, Jaap
Design Guidelines to Derive an e3value Business Model from a BPMN process model in the Financial Securities Sector Inproceedings
In: Serral, Estefanía; Stirna, Janis; Ralyté, Jolita; Grabis, Jānis (Ed.): Proceedings of PoEM 2021 : IFIP Working Conference on The Practice of Enterprise Modeling, Riga, Latvia, November 24–26, 2021, pp. 153-167, Springer, D, 2021.
@inproceedings{Torres-POEM-2021,
title = {Design Guidelines to Derive an e3value Business Model from a BPMN process model in the Financial Securities Sector},
author = {Isaac da Silva Torres and Marcelo Fantinato and Gabriela Musse Branco and Jaap Gordijn},
editor = {Estefan\'{i}a Serral and Janis Stirna and Jolita Ralyt\'{e} and J\={a}nis Grabis},
url = {https://dise-lab.nl/wp-content/uploads/2021/11/POEM2021FINTECHproject.pdf},
year = {2021},
date = {2021-11-02},
urldate = {2021-11-02},
booktitle = {Proceedings of PoEM 2021 : IFIP Working Conference on The Practice of Enterprise Modeling, Riga, Latvia, November 24\textendash26, 2021},
volume = {LNBIP},
number = {432},
pages = {153-167},
publisher = {Springer},
address = {D},
series = {LNBIP},
abstract = {Process models, e.g. BPMN models may represent how companies in an ecosystem interact with each other. However, the business model of the same ecosystem, e.g. expressed by an e3value model, is often left implicit. This hinders the proper analysis of the ecosystem at the business level, and more specifically financial assessment, for which process models are less appropriate. Therefore, the question is if we can somehow derive eeevalueSpace models from BPMN models. This would not only allow for proper business model analysis but would also facilitate business model mining, similar to the success of process mining. However, although an eeevalueSpace model and BPMN model represent the same ecosystem, their perspectives differ significantly. Therefore an automated derivation of an eeevalueSpace model from a BPMN seems not to be feasible, but we can assist the eeevalueSpace model designer with practical guidelines. We illustrate our guidelines by means of a case study about financial securities trading.},
key = {Torres2021-Poem},
keywords = {},
pubstate = {published},
tppubtype = {inproceedings}
}
Process models, e.g. BPMN models may represent how companies in an ecosystem interact with each other. However, the business model of the same ecosystem, e.g. expressed by an e3value model, is often left implicit. This hinders the proper analysis of the ecosystem at the business level, and more specifically financial assessment, for which process models are less appropriate. Therefore, the question is if we can somehow derive eeevalueSpace models from BPMN models. This would not only allow for proper business model analysis but would also facilitate business model mining, similar to the success of process mining. However, although an eeevalueSpace model and BPMN model represent the same ecosystem, their perspectives differ significantly. Therefore an automated derivation of an eeevalueSpace model from a BPMN seems not to be feasible, but we can assist the eeevalueSpace model designer with practical guidelines. We illustrate our guidelines by means of a case study about financial securities trading.
Jairam, Shiva; Gordijn, Jaap; da Silva Torres, Isaac; Kaya, Fadime; Makkes, Marc
A Decentralized Fair Governance Model for Permissionless Blockchain Systems Workshop
CEUR Proceeding of the Workshop of Value Modelling and Business Ontologies, vol. 2835, CEUR, 2021.
@workshop{Jairam-VMBO2021,
title = {A Decentralized Fair Governance Model for Permissionless Blockchain Systems},
author = {Shiva Jairam and Jaap Gordijn and Isaac da Silva Torres and Fadime Kaya and Marc Makkes},
editor = {Giancarlo Guizzardi and Tiago Prince Sales and Cristine Griffo and Mattia Fumagalli},
url = {https://dise-lab.nl/wp-content/uploads/2021/02/Governance_in_blockchain-2.pdf},
year = {2021},
date = {2021-02-09},
urldate = {2021-02-09},
booktitle = {CEUR Proceeding of the Workshop of Value Modelling and Business Ontologies},
volume = {2835},
publisher = {CEUR},
abstract = {Blockchain systems are a new way to reduce or even eliminate the role of the middlemen in an eco-system. For example, the Bitcoin, as one of the most well-known blockchain platforms, shows that it is possible to transfer money without the need of any (intermediate) bank at all. More generally, it allows for the decentralization of roles. In this paper, we focus on permissionless blockchains, which are systems that allow participation without upfront approval on other parties, as opposed to permissioned blockchains. Permissionless blockchain systems support direct business transactions between peers, so without any intermediate and centralized entity very well. However, the organization of the governance of such systems is less obvious. We argue that, in order to arrive at a really decentralized eco-system where power is fairly distributed, the governance should be decentralized; in other words, it should not be in the hand of one controlling entity. In this paper, we analyse, in a model-based way, for three well-known blockchain systems (Bitcoin, Ethereum, Tezos) the governance processes. Based on this analysis, we draft an improved governance process for permissionless blockchains.},
keywords = {},
pubstate = {published},
tppubtype = {workshop}
}
Blockchain systems are a new way to reduce or even eliminate the role of the middlemen in an eco-system. For example, the Bitcoin, as one of the most well-known blockchain platforms, shows that it is possible to transfer money without the need of any (intermediate) bank at all. More generally, it allows for the decentralization of roles. In this paper, we focus on permissionless blockchains, which are systems that allow participation without upfront approval on other parties, as opposed to permissioned blockchains. Permissionless blockchain systems support direct business transactions between peers, so without any intermediate and centralized entity very well. However, the organization of the governance of such systems is less obvious. We argue that, in order to arrive at a really decentralized eco-system where power is fairly distributed, the governance should be decentralized; in other words, it should not be in the hand of one controlling entity. In this paper, we analyse, in a model-based way, for three well-known blockchain systems (Bitcoin, Ethereum, Tezos) the governance processes. Based on this analysis, we draft an improved governance process for permissionless blockchains.
2020
da Silva Torres, Isaac; Gordijn, Jaap; Fantinato, Marcelo; Vieira, Joao Franciscoda Fountoura
Designing an Ecosystem Value Model Based on a Process Model: An Empirical Approach Inproceedings
In: Proceedings of the 13th IFIP WG 8.1 working conference on the Practice of Enterprise Modelling, 2020.
@inproceedings{Isaac-POEM-2020,
title = {Designing an Ecosystem Value Model Based on a Process Model: An Empirical Approach},
author = {Isaac da Silva Torres and Jaap Gordijn and Marcelo Fantinato and Joao Franciscoda Fountoura Vieira},
url = {https://dise-lab.nl/wp-content/uploads/2020/09/Poem_2020_paper___Isaac.pdf},
year = {2020},
date = {2020-12-31},
urldate = {2020-12-31},
booktitle = {Proceedings of the 13th IFIP WG 8.1 working conference on the Practice of Enterprise Modelling},
abstract = {Ecosystems have inter-organizational process models and corresponding business value models that show how actors in the ecosystem make a profit. Whereas process models show how actors interact in terms of message flows and the time-ordering of activities, business value models present what is exchanged of economic value and abstracts away from operational activities and their control flows. Previous research derived a process model from a value model. In contrast, as organizations usually have process models but not explicit value models, we propose to derive a value model from a process model, i.e., the exact opposite. To do so, we hypothesize on how these two models conceptually correspond to each other. We employ a real-world case to verify our hypotheses and learn more about the applicability of the proposed design.},
keywords = {},
pubstate = {published},
tppubtype = {inproceedings}
}
Ecosystems have inter-organizational process models and corresponding business value models that show how actors in the ecosystem make a profit. Whereas process models show how actors interact in terms of message flows and the time-ordering of activities, business value models present what is exchanged of economic value and abstracts away from operational activities and their control flows. Previous research derived a process model from a value model. In contrast, as organizations usually have process models but not explicit value models, we propose to derive a value model from a process model, i.e., the exact opposite. To do so, we hypothesize on how these two models conceptually correspond to each other. We employ a real-world case to verify our hypotheses and learn more about the applicability of the proposed design.