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Blockchain for BPM (BPM lifecycle (Process discovery (Automate a new…
Blockchain for BPM
BPM lifecycle
Process identification
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For example, how can a company systematically identify the most suitable processes for blockchains or the most threatened ones
Process discovery
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For example, how can a company discover an overall process from blockchain transactions when these might not be logically related to a process identifier
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Process analysis
Records of processes executed on the blockchain yield valuable information that can help to assess the case load, durations, frequencies of paths, parties involved, and correlations between unencrypted data items
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Process redesign
For instance, instead of involving a trustee to release a payment if an agreed condition is met, a buyer and a seller of a house might agree on a smart contract instead. The question is where blockchains can be applied for optimizing existing interactions and where new interaction patterns without a trusted central party can be established, potentially drawing on insights from related research on Web service interaction [Barros
Process implementation
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For example, a supplier might auction off the role of shipper to the highest bidder as part of the process
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Process monitoring
First, we face issues in terms of data fragmentation and encryption as in the analysis phase. For example, the data on the blockchain alone will likely not be enough to monitor the process, but require an integration with local off-chain data.
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