Decision Problems in Blockchain Systems: old wine in new bottles of walking in someone else shoes?

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Title: Decision Problems in Blockchain Systems: old wine in new bottles of walking in someone else shoes?
Other Titles: Old Wine in New Bottles or Walking in Someone Else's Shoes? Exploring Decision Problems in Blockchain Governance
Authors: Miscione, GianlucaZiolkowski, RafaelSchwabe, Gerhard
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Date: 16-Jun-2020
Online since: 2021-02-08T15:06:29Z
Abstract: Blockchain technology comes with the promise of being a disruptive technology with the potential for novel ways of interaction in a wide range of applications. Following broader application, scholarly interest in the technology is growing, though an extensive analysis of blockchain applications from a governance perspective is lacking to date. This research pays special attention to the governance of blockchain systems and illustrates decision problems in 14 blockchain systems from four application domains. Based on academic literature, semi-structured interviews with representatives from those organizations, and content analysis of grey literature, common problems in blockchain governance have been singled out and contextualized. Studying their enactment revealed their relevance to major organizational theories in what we labelled “Patrolling the borders”, “External Legitimation”, “Reduction of Discretionality”, and “Temporal Management”. The identification of these problems enriches the scarce body of knowledge on the governance of blockchain systems, resulting in a better understanding of how blockchain governance links to existing concepts and how it is enacted in practice.
Funding Details: University College Dublin
Type of material: Journal Article
Publisher: Taylor & Francis
Journal: Journal of Management Information Systems
Volume: 37
Issue: 2
Start page: 316
End page: 348
Copyright (published version): 2020 Taylor & Francis
Keywords: Blockchain governanceDecision-making in blockchain systemsBlockchain technologyDistributed governance
DOI: 10.1080/07421222.2020.1759974
Language: en
Status of Item: Peer reviewed
ISSN: 0742-1222
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