Reaching
slowly to the second machine age, cooperation and trust between different
actors will be an always increasing problem. We did have previously
difficulties as well as processes had to be set up including several companies
but the situation will be much more challenging as several million more or less
intelligent IoT devices start to communicate with each other.
Decentralised
Business Process Management (or briefly DBPM) is a customisable process
management platform to set up workflows among different untrusted parties,
independently if these parties are companies, end-users, end-customers or
intelligent gadgets of the IoT revolution. The processes are set up on the top
of a Blockchain, as a consequence trust is evaluated by the decentralised
consensus itself, making possible to implement complex trust scenarios among
many fundamentally different actors. DBPM provides a no-code or low-code
way of configuring processes, meaning that most workflows can be clicked
together with the help of a web based tool. It implies on the one hand that
end-customers without prior development or deep IT knowledge are able to
customize processes on their own. On the other hand, consulting companies of
different industrial fields are able to set up industry specific process
solutions as well; again without the need of coding or deep IT know-how. Considering current achievements and technological platforms of the Blockchain Revolution , setting up a DBPM framework and the full business around can be feasible from a couple of million dollar financing. .
