A2 Review article, Literature review, Systematic review
A System-based View of Blockchain Governance (2023)


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


JYU authors or editors


Publication details

All authors or editors: Laatikainen, Gabriella; Li, Mengcheng; Abrahamsson, Pekka

Journal or series: Information and Software Technology

ISSN: 0950-5849

eISSN: 1873-6025

Publication year: 2023

Publication date: 21/01/2023

Volume: 157

Article number: 107149

Publisher: Elsevier BV

Publication country: United Kingdom

Publication language: English

DOI: https://doi.org/10.1016/j.infsof.2023.107149

Publication open access: Openly available

Publication channel open access: Partially open access channel

Publication is parallel published (JYX): https://jyx.jyu.fi/handle/123456789/85286


Abstract

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.


Keywords: blockchains; administration (action); system theory; systematic reviews

Free keywords: blockchain governance; systems theory; systematic literature review


Contributing organizations


Ministry reporting: Yes

Reporting Year: 2023

Preliminary JUFO rating: 3


Last updated on 2024-22-04 at 21:58