Systems thinking for the transition of existing technologies to blockchain technologies

  • Nikolaos Zoannos University of Piraeus, Hellenic Society for Systemic Studies (HSSS)
  • Nikitas Assimakopoulos University of Piraeus, Hellenic Society for Systemic Studies (HSSS)
Keywords: Blockchain Technolgies, Decentralized Architecture, Distribuded Ledger, Internet of Things, Ecosystem, Sociotechnical Systems, Digital Transformation, Systemic Management, Business Intelligence, DCSYM Methodology, VSM model

Abstract

The 4th Industrial evolution has brought along a lot of technological achievements which can change the form of humanity. Peer-to-peer networks (Distributed networks), network of sensors (Internet of Things), algorithms capable to take decisions (Artificial Intelligence), computers with the ability of self-learning (Machine Learning), more complex queries for analyzing the data, that we are collecting since the birth of internet (Data Science) and new electronic money(cryptocurrencies) are some of the characteristics of those new technologies. But the adoption of those achievements (known as Digital Transformation or Digitization) demands Managers open-minded, well-educated on those technologies and ready to trace the new possible Risks. They must also be capable to use the Systems Thinking, as the Blockchain Technologies have created an Ecosystem (Sociotechnical Systems); the combination of Social Systems (Organizations - Companies), whose behavior is not predictable, and Mechanical Systems (technical equipment) with a predefined way of function. So, this kind of Systems (Sociotechnical) need a more delicate approach using a combination of, not only Systemic methodologies and technics, but also other theories and proper tools. We are going to publish a series of articles in which we are going to specify the proper theories and methodologies in each phase of the digital transformation. Thus, the purpose of this study is to explain to the new generation of Managers how the Systems Thinking, DCSYM Methodology and VSM Model, are applied on those Ecosystems.

Published
2020-07-07
How to Cite
Zoannos, N., & Assimakopoulos, N. (2020). Systems thinking for the transition of existing technologies to blockchain technologies. Acta Europeana Systemica , 9(1), 105-118. https://doi.org/10.14428/aes.v9i1.56063