MDOI › International Journal of Multidisciplinary Studies and Innovative Researchs › 110.0232/INT.2026.00206

Article

The development of a blockchain-based business model simulator with an application to civic medical data management

James Cunningham, Nigel Davies, Sarah Devaney, Mike Harding, Søren Holm, Victoria Neumann, John Ainsworth 2025 International Journal of Multidisciplinary Studies and Innovative Researchs

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Abstract

Blockchain technology is reshaping business models by altering how transactions and data integrity are managed. This shift necessitates evaluating long-term profitability and operational efficiency across various blockchain frameworks. Our research describes the development and application of a business model simulator, beginning with use case analysis, followed by the simulator's design and application to the Civic Data Identity Partnership project. We developed a transaction model, ran simulations, and analyzed outcomes to identify key cost drivers and assess the viability of different blockchain architectures. The results highlight the influence of execution costs, legal frameworks, and blockchain selection on financial outcomes, providing insights into the scalability and sustainability of blockchain applications in real-world scenarios.

Identifier Metadata

Identifier	110.0232/INT.2026.00206
Canonical	mdoi:110.0232/INT.2026.00206
Resolver URL	https://mdoi.org/110.0232/INT.2026.00206
Resource URL	Open resource
Document URL	Open document
Content Type	Article
Authors	James Cunningham, Nigel Davies, Sarah Devaney, Mike Harding, Søren Holm, Victoria Neumann, John Ainsworth
Year	2025
Depositor	International Journal of Multidisciplinary Studies and Innovative Researchs Organisation
Prefix	110.0232
Registered	June 19, 2026
Updated	June 19, 2026
Status	Active
Visibility	Public

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Registered by International Journal of Multidisciplinary Studies and Innovative Researchs

The development of a blockchain-based business model simulator with an application to civic medical data management

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