Model to Program and Blockchain Approaches for Business Processes and Workflows in Finance

【Author】 Kherbouche, Meriem; Pisoni, Galena; Molnar, Balint

【Source】APPLIED SYSTEM INNOVATION

【影响因子】0.000

【Abstract】Business process modeling and verification have become an essential way to control and assure organizational evolution. We overview the opportunities for the application of blockchain in Business Process Management and Modeling in Finance and we focus on in-depth analysis of claim process in insurance as a use case. We investigate the utilization of blockchain technology for model checking of Workflow, Business Processes to ensure consistency, integrity, and security in a dynamically changing business environment. We create a UML profile for the blockchain, then we combine it with a UML activity diagram followed by a verification using Petri nets to guarantee a distributed computing system and scalable with mutable data. Our paper creates a unified picture of the approaches towards business processes modeling used in the financial industry organized around the set of premises intending to develop a future research agenda for blockchain business process modeling, specifically for the financial industry domain.

【Keywords】Model-to-Program; blockchain; business process; workflow; activity diagram; business intelligence; organizational science; innovation; business model

【发表时间】2022 FEB

【收录时间】2022-03-26

【文献类型】期刊

【主题类别】

区块链应用-金融领域-