This book discusses the up-and-coming blockchain technology in a structured way from the conceptual, technological, and business perspectives, thereby providing the integrated insight that is essential for truly understanding blockchain applications and their impact. While most people may know about blockchain from Bitcoin and news about its price in the financial markets, blockchain is a technology that increasingly permeates the way in which modern businesses operate. However, its dynamics and functioning remain obscure for most people. This book gives readers the tools to understand the full extent to which blockchain technology is or can be used in business. First, the book focuses on the functioning of blockchain systems, introducing basic concepts such as transactions, consensus mechanisms, and smart contracts, as well as giving a smooth introduction to the basic features of cryptography that underpin blockchain technology, e.g., digital signatures and hashing. Then, the book focuses on specific blockchain platforms (Bitcoin, Ethereum, private blockchain platforms) currently used for the implementation of cryptocurrencies and other blockchain systems. Finally, it introduces a set of tools to understand and analyze the suitability of blockchain technology in different business scenarios from the business model, and business operation perspectives. Examples and case studies of blockchain applications currently in production are discussed extensively across the book. This book targets students and educators with an interest in blockchain technology providing a one-stop shop to obtain a deep and complete insight in blockchain technology and its applicability in different business scenarios. The textbook is designed primarily for third and fourth year undergraduate students in industrial engineering, business and management, and information systems. However, it can be adopted also in the computer science majors, since it does not strictly require any specific pre-requisite knowledge. At the graduate level, this book can be used in courses for industrial engineering, information systems, and management students. Finally, the book is also of interest to practitioners, like business analysts, process analysts, and information system architects, to understand the enabling and transformative potential of blockchain in a given business scenario.

This book discusses the up-and-coming blockchain technology in a structured way from the conceptual, technological, and business perspectives, thereby providing the integrated insight that is essential for truly understanding blockchain applications and their impact. While most people may know about blockchain from Bitcoin and news about its price in the financial markets, blockchain is a technology that increasingly permeates the way in which modern businesses operate. However, its dynamics and functioning remain obscure for most people. This book gives readers the tools to understand the full extent to which blockchain technology is or can be used in business. First, the book focuses on the functioning of blockchain systems, introducing basic concepts such as transactions, consensus mechanisms, and smart contracts, as well as giving a smooth introduction to the basic features of cryptography that underpin blockchain technology, e.g., digital signatures and hashing. Then, the book focuses on specific blockchain platforms (Bitcoin, Ethereum, private blockchain platforms) currently used for the implementation of cryptocurrencies and other blockchain systems. Finally, it introduces a set of tools to understand and analyze the suitability of blockchain technology in different business scenarios from the business model, and business operation perspectives. Examples and case studies of blockchain applications currently in production are discussed extensively across the book. This book targets students and educators with an interest in blockchain technology providing a one-stop shop to obtain a deep and complete insight in blockchain technology and its applicability in different business scenarios. The textbook is designed primarily for third and fourth year undergraduate students in industrial engineering, business and management, and information systems. However, it can be adopted also in the computer science majors, since it does not strictly require any specific pre-requisite knowledge. At the graduate level, this book can be used in courses for industrial engineering, information systems, and management students. Finally, the book is also of interest to practitioners, like business analysts, process analysts, and information system architects, to understand the enabling and transformative potential of blockchain in a given business scenario.

This book discusses the up-and-coming blockchain technology in a structured way from the conceptual, technological, and business perspectives, thereby providing the integrated insight that is essential for truly understanding blockchain applications and their impact. While most people may know about blockchain from Bitcoin and news about its price in the financial markets, blockchain is a technology that increasingly permeates the way in which modern businesses operate. However, its dynamics and functioning remain obscure for most people. This book gives readers the tools to understand the full extent to which blockchain technology is or can be used in business. First, the book focuses on the functioning of blockchain systems, introducing basic concepts such as transactions, consensus mechanisms, and smart contracts, as well as giving a smooth introduction to the basic features of cryptography that underpin blockchain technology, e.g., digital signatures and hashing. Then, the book focuses on specific blockchain platforms (Bitcoin, Ethereum, private blockchain platforms) currently used for the implementation of cryptocurrencies and other blockchain systems. Finally, it introduces a set of tools to understand and analyze the suitability of blockchain technology in different business scenarios from the business model, and business operation perspectives. Examples and case studies of blockchain applications currently in production are discussed extensively across the book. This book targets students and educators with an interest in blockchain technology providing a one-stop shop to obtain a deep and complete insight in blockchain technology and its applicability in different business scenarios. The textbook is designed primarily for third and fourth year undergraduate students in industrial engineering, business and management, and information systems. However, it can be adopted also in the computer science majors, since it does not strictly require any specific pre-requisite knowledge. At the graduate level, this book can be used in courses for industrial engineering, information systems, and management students. Finally, the book is also of interest to practitioners, like business analysts, process analysts, and information system architects, to understand the enabling and transformative potential of blockchain in a given business scenario.

This book discusses the up-and-coming blockchain technology in a structured way from the conceptual, technological, and business perspectives, thereby providing the integrated insight that is essential for truly understanding blockchain applications and their impact. While most people may know about blockchain from Bitcoin and news about its price in the financial markets, blockchain is a technology that increasingly permeates the way in which modern businesses operate. However, its dynamics and functioning remain obscure for most people. This book gives readers the tools to understand the full extent to which blockchain technology is or can be used in business. First, the book focuses on the functioning of blockchain systems, introducing basic concepts such as transactions, consensus mechanisms, and smart contracts, as well as giving a smooth introduction to the basic features of cryptography that underpin blockchain technology, e.g., digital signatures and hashing. Then, the book focuses on specific blockchain platforms (Bitcoin, Ethereum, private blockchain platforms) currently used for the implementation of cryptocurrencies and other blockchain systems. Finally, it introduces a set of tools to understand and analyze the suitability of blockchain technology in different business scenarios from the business model, and business operation perspectives. Examples and case studies of blockchain applications currently in production are discussed extensively across the book. This book targets students and educators with an interest in blockchain technology providing a one-stop shop to obtain a deep and complete insight in blockchain technology and its applicability in different business scenarios. The textbook is designed primarily for third and fourth year undergraduate students in industrial engineering, business and management, and information systems. However, it can be adopted also in the computer science majors, since it does not strictly require any specific pre-requisite knowledge. At the graduate level, this book can be used in courses for industrial engineering, information systems, and management students. Finally, the book is also of interest to practitioners, like business analysts, process analysts, and information system architects, to understand the enabling and transformative potential of blockchain in a given business scenario.

This book proposes a novel technique, named artifact-driven process monitoring, by which multi-party processes, involving non-automated activities, can be continuously and autonomously monitored. This technique exploits the Internet of Things (IoT) paradigm to make the physical objects, participating in a process, smart. Being equipped with sensors, a computing device, and a communication interface, such smart objects can then become self-aware of their own conditions and of the process they participate in, and exchange this information with the other smart objects and the involved organizations. To allow organizations to reuse preexisting process models, a method to instruct smart objects given Business Process Model and Notation (BPMN) collaboration diagrams is also presented. The work constitutes a revised version of the PhD dissertation written by the author at the PhD School of Information Engineering of Politecnico di Milano, Italy. In 2019, the PhD dissertation won the “CAiSE PhD award”, granted to outstanding PhD theses in the field of Information Systems Engineering.

This book constitutes the proceedings of the Blockchain and Robotic Process Automation (RPA) Forum which was held as part of the 18th International Conference on Business Process Management, BPM 2020. The conference was planned to take place in Seville, Spain, in September 2020. Due to the COVID-19 pandemic the conference took place virtually.The Blockchain Forum and the RPA Forum have in common that they are centered around an emerging and exciting technology. The blockchain is a sophisticated distributed ledger technology, while RPA software allows for mimicking human, repetitive actions. Each of these have the potential to fundamentally change how business processes are being orchestrated and executed in practice. The BPM community has embraced these technologies as objects of analysis, design, development, and evaluation.The 14 full plus one short paper presented in this volume were carefully reviewed and selected from a total of 28 submissions.

This book discusses the up-and-coming blockchain technology in a structured way from the conceptual, technological, and business perspectives, thereby providing the integrated insight that is essential for truly understanding blockchain applications and their impact. While most people may know about blockchain from Bitcoin and news about its price in the financial markets, blockchain is a technology that increasingly permeates the way in which modern businesses operate. However, its dynamics and functioning remain obscure for most people. This book gives readers the tools to understand the full extent to which blockchain technology is or can be used in business. First, the book focuses on the functioning of blockchain systems, introducing basic concepts such as transactions, consensus mechanisms, and smart contracts, as well as giving a smooth introduction to the basic features of cryptography that underpin blockchain technology, e.g., digital signatures and hashing. Then, the book focuses on specific blockchain platforms (Bitcoin, Ethereum, private blockchain platforms) currently used for the implementation of cryptocurrencies and other blockchain systems. Finally, it introduces a set of tools to understand and analyze the suitability of blockchain technology in different business scenarios from the business model, and business operation perspectives. Examples and case studies of blockchain applications currently in production are discussed extensively across the book. This book targets students and educators with an interest in blockchain technology providing a one-stop shop to obtain a deep and complete insight in blockchain technology and its applicability in different business scenarios. The textbook is designed primarily for third and fourth year undergraduate students in industrial engineering, business and management, and information systems. However, it can be adopted also in the computer science majors, since it does not strictly require any specific pre-requisite knowledge. At the graduate level, this book can be used in courses for industrial engineering, information systems, and management students. Finally, the book is also of interest to practitioners, like business analysts, process analysts, and information system architects, to understand the enabling and transformative potential of blockchain in a given business scenario.

This book discusses the up-and-coming blockchain technology in a structured way from the conceptual, technological, and business perspectives, thereby providing the integrated insight that is essential for truly understanding blockchain applications and their impact. While most people may know about blockchain from Bitcoin and news about its price in the financial markets, blockchain is a technology that increasingly permeates the way in which modern businesses operate. However, its dynamics and functioning remain obscure for most people. This book gives readers the tools to understand the full extent to which blockchain technology is or can be used in business. First, the book focuses on the functioning of blockchain systems, introducing basic concepts such as transactions, consensus mechanisms, and smart contracts, as well as giving a smooth introduction to the basic features of cryptography that underpin blockchain technology, e.g., digital signatures and hashing. Then, the book focuses on specific blockchain platforms (Bitcoin, Ethereum, private blockchain platforms) currently used for the implementation of cryptocurrencies and other blockchain systems. Finally, it introduces a set of tools to understand and analyze the suitability of blockchain technology in different business scenarios from the business model, and business operation perspectives. Examples and case studies of blockchain applications currently in production are discussed extensively across the book. This book targets students and educators with an interest in blockchain technology providing a one-stop shop to obtain a deep and complete insight in blockchain technology and its applicability in different business scenarios. The textbook is designed primarily for third and fourth year undergraduate students in industrial engineering, business and management, and information systems. However, it can be adopted also in the computer science majors, since it does not strictly require any specific pre-requisite knowledge. At the graduate level, this book can be used in courses for industrial engineering, information systems, and management students. Finally, the book is also of interest to practitioners, like business analysts, process analysts, and information system architects, to understand the enabling and transformative potential of blockchain in a given business scenario.

This book discusses the up-and-coming blockchain technology in a structured way from the conceptual, technological, and business perspectives, thereby providing the integrated insight that is essential for truly understanding blockchain applications and their impact. While most people may know about blockchain from Bitcoin and news about its price in the financial markets, blockchain is a technology that increasingly permeates the way in which modern businesses operate. However, its dynamics and functioning remain obscure for most people. This book gives readers the tools to understand the full extent to which blockchain technology is or can be used in business. First, the book focuses on the functioning of blockchain systems, introducing basic concepts such as transactions, consensus mechanisms, and smart contracts, as well as giving a smooth introduction to the basic features of cryptography that underpin blockchain technology, e.g., digital signatures and hashing. Then, the book focuses on specific blockchain platforms (Bitcoin, Ethereum, private blockchain platforms) currently used for the implementation of cryptocurrencies and other blockchain systems. Finally, it introduces a set of tools to understand and analyze the suitability of blockchain technology in different business scenarios from the business model, and business operation perspectives. Examples and case studies of blockchain applications currently in production are discussed extensively across the book. This book targets students and educators with an interest in blockchain technology providing a one-stop shop to obtain a deep and complete insight in blockchain technology and its applicability in different business scenarios. The textbook is designed primarily for third and fourth year undergraduate students in industrial engineering, business and management, and information systems. However, it can be adopted also in the computer science majors, since it does not strictly require any specific pre-requisite knowledge. At the graduate level, this book can be used in courses for industrial engineering, information systems, and management students. Finally, the book is also of interest to practitioners, like business analysts, process analysts, and information system architects, to understand the enabling and transformative potential of blockchain in a given business scenario.

This book discusses the up-and-coming blockchain technology in a structured way from the conceptual, technological, and business perspectives, thereby providing the integrated insight that is essential for truly understanding blockchain applications and their impact. While most people may know about blockchain from Bitcoin and news about its price in the financial markets, blockchain is a technology that increasingly permeates the way in which modern businesses operate. However, its dynamics and functioning remain obscure for most people. This book gives readers the tools to understand the full extent to which blockchain technology is or can be used in business. First, the book focuses on the functioning of blockchain systems, introducing basic concepts such as transactions, consensus mechanisms, and smart contracts, as well as giving a smooth introduction to the basic features of cryptography that underpin blockchain technology, e.g., digital signatures and hashing. Then, the book focuses on specific blockchain platforms (Bitcoin, Ethereum, private blockchain platforms) currently used for the implementation of cryptocurrencies and other blockchain systems. Finally, it introduces a set of tools to understand and analyze the suitability of blockchain technology in different business scenarios from the business model, and business operation perspectives. Examples and case studies of blockchain applications currently in production are discussed extensively across the book. This book targets students and educators with an interest in blockchain technology providing a one-stop shop to obtain a deep and complete insight in blockchain technology and its applicability in different business scenarios. The textbook is designed primarily for third and fourth year undergraduate students in industrial engineering, business and management, and information systems. However, it can be adopted also in the computer science majors, since it does not strictly require any specific pre-requisite knowledge. At the graduate level, this book can be used in courses for industrial engineering, information systems, and management students. Finally, the book is also of interest to practitioners, like business analysts, process analysts, and information system architects, to understand the enabling and transformative potential of blockchain in a given business scenario.

This book proposes a novel technique, named artifact-driven process monitoring, by which multi-party processes, involving non-automated activities, can be continuously and autonomously monitored. This technique exploits the Internet of Things (IoT) paradigm to make the physical objects, participating in a process, smart. Being equipped with sensors, a computing device, and a communication interface, such smart objects can then become self-aware of their own conditions and of the process they participate in, and exchange this information with the other smart objects and the involved organizations. To allow organizations to reuse preexisting process models, a method to instruct smart objects given Business Process Model and Notation (BPMN) collaboration diagrams is also presented. The work constitutes a revised version of the PhD dissertation written by the author at the PhD School of Information Engineering of Politecnico di Milano, Italy. In 2019, the PhD dissertation won the “CAiSE PhD award”, granted to outstanding PhD theses in the field of Information Systems Engineering.

This book constitutes the proceedings of the Blockchain and Robotic Process Automation (RPA) Forum which was held as part of the 18th International Conference on Business Process Management, BPM 2020. The conference was planned to take place in Seville, Spain, in September 2020. Due to the COVID-19 pandemic the conference took place virtually.The Blockchain Forum and the RPA Forum have in common that they are centered around an emerging and exciting technology. The blockchain is a sophisticated distributed ledger technology, while RPA software allows for mimicking human, repetitive actions. Each of these have the potential to fundamentally change how business processes are being orchestrated and executed in practice. The BPM community has embraced these technologies as objects of analysis, design, development, and evaluation.The 14 full plus one short paper presented in this volume were carefully reviewed and selected from a total of 28 submissions.