Abstract
Open source licensing enables the inception of collective building of integrated decentralized software frameworks. However, when individual constituents of such a framework are built by independent companies where each of them has its own business plan, then the joint exploitation of the overall software framework becomes very complicated. In this paper, we address this problem, by studying in depth the special case of the joint exploitation of the ONTOCHAIN (OC) blockchain-based software framework that is being built by many companies, each having its own business agenda. We define the business model of OC, whereby the management and maintenance of the jointly-built platform is assumed to be undertaken by a new venture; this offers the platform for dApp (decentralized application) deployment and as a PaaS for development and testing of dApps. We study carefully the business models of all stakeholders in the OC ecosystem and analyze them as a part of the overall value network. Based on realistic revenue and cost parameter assumptions, and analyzing concurrently the business models of all stakeholders in this ecosystem, we establish that win-win outcomes are economically sustainable, provided that revenue sharing is properly coordinated.
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Notes
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This work has been funded by the EU project ONTOCHAIN (grant no. 957338).
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Papaioannou, T., Stamoulis, G.D. (2023). A Business Model for Multi-tiered Decentralized Software Frameworks: The Case of ONTOCHAIN. In: Bañares, J.Á., Altmann, J., Agmon Ben-Yehuda, O., Djemame, K., Stankovski, V., Tuffin, B. (eds) Economics of Grids, Clouds, Systems, and Services. GECON 2022. Lecture Notes in Computer Science, vol 13430. Springer, Cham. https://doi.org/10.1007/978-3-031-29315-3_3
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