Browsing by Subject "Business Model"
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Item Restricted Blockchain Technologies in the Luxury Sector : LVMH Case Study(2022) Valters Gustavs Skujiņš; Koç, Hasan; Wagner, Evamaria; Faculty of Business Administration; Berlin International University of Applied SciencesAUTHOR-SUPPLIED ABSTRACT: Abstract: This research focuses on the systematic literature review of blockchain technologies and their applications in the luxury sector. It analyzes the impact of blockchain-enabled technologies on LVMH's business model. The luxury sector faces various challenges that can potentially be addressed using distributed ledger technologies. Information sharing and storage are critical for both brands and consumers, and optimizing these processes can elevate luxury standards. Blockchain technologies, including NFTs and Metaverse, among others, have diverse applications that can transform the business models of the luxury sector by enabling new revenue streams, communication channels, and enhancing LVMH's value proposition. Keywords: systematic literature review, blockchain technologies, luxury sector, LVMH, business model, distributed ledger technologies, information sharing, standards of luxury, NFTs, Metaverse, revenue streams, communication channels, value propositionItem Restricted Transformation of Insurtech in the European Market Since 2014 : a Case Study of Wefox(2023) Jahongir Islomov; Mantel, Peter; Villegas, Erick Behar; Faculty of Business Administration; Berlin International University of Applied SciencesAI-GENERATED ABSTRACT: Abstract: This research delves into the transformations witnessed in the InsurTech landscape within the market since 2014, with a specific focus on the case of Wefox. The study examines the evolution of InsurTech, its impact on the insurance industry, and the challenges faced during its implementation. By conducting a thorough literature review, key trends and developments in the European InsurTech sector are explored. Through an in-depth analysis of Wefox as a case study, a comprehensive understanding is sought regarding the prominent InsurTech company's role in driving industry transformation. The findings highlight how Wefox has disrupted insurance practices through its innovative business model, technological advancements, and customer-oriented approach. The research further offers insights into the implications for the insurance market and a discussion on the opportunities and challenges arising from the InsurTech revolution. This study significantly contributes to a deeper comprehension of InsurTech's profound impact on shaping the future of insurance in Europe. Keywords: InsurTech, insurance industry, Wefox, innovation, technological advancements, business model, European market, industry transformation, customer-oriented approach, market disruption