A System-based View of Blockchain Governance
Laatikainen, G., Li, M., & Abrahamsson, P. (2023). A System-based View of Blockchain Governance. Information and Software Technology, 157, Article 107149. https://doi.org/10.1016/j.infsof.2023.107149
Published in
Information and Software TechnologyDate
2023Discipline
ResurssiviisausyhteisöValue Creation for Cyber-Physical Systems and ServicesTietojärjestelmätiedeEmpirical Cyber Security and Software EngineeringSchool of Resource WisdomValue Creation for Cyber-Physical Systems and ServicesInformation Systems ScienceEmpirical Cyber Security and Software EngineeringCopyright
© 2023 the Authors
Abstract
CONTEXT
Governance is crucial in achieving the success and sustainability of blockchain systems. However, blockchain governance is multi-faceted, complex, dynamic, and challenging due to its decentralized nature and automatically enforced rules and mechanisms.
OBJECTIVES
This study aims to advance the theory of blockchain governance and support practitioners to deepen the researchers’ and practitioners’ understanding of blockchain governance.
METHODS
The study is a systematic literature review of 75 articles that applies systems theory to conceptualize blockchain governance as a system and parsimoniously organize its interrelated elements into a conceptual model.
RESULTS
The paper proposes a holistic definition and a conceptual model of blockchain governance. Blockchain governance encompasses technical and social means to make decisions on the different levels (e.g., individual, community, organizational, national, international) related to actors, roles, rights, incentives, responsibilities, rules, and the business, technological, legal, and regulatory aspects of a blockchain system during its whole lifecycle.
CONCLUSION
The system-based model of blockchain governance can serve as a reference framework and structured foundation for analyzing, discussing, and developing the governance of blockchain systems.
...
Publisher
Elsevier BVISSN Search the Publication Forum
0950-5849Keywords
Publication in research information system
https://converis.jyu.fi/converis/portal/detail/Publication/176418554
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