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Blockchain technology has the potential to significantly impact both existing and new business models. In existing business models, the use of blockchain can improve efficiency and security by providing a decentralized and tamper-proof way for conducting transactions and storing data. This can streamline processes, increase transparency, and increase trust as well as accountability among all involved parties. In terms of new business models, blockchain technology allows for creating entirely new types of businesses that were previously not possible due to the limitations of traditional centralized systems. As the blockchain technology has the potential to disrupt existing industries and create new ones, examining its impact on business models is highly relevant. Therefore, a framework for blockchain technology business models and archetypes for blockchain technology is developed based on various established …