quartz/content/notes/a systematic literature review on blockchain governance.md
2022-11-28 14:30:25 +13:00

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a systematic literature review on blockchain governance https://arxiv.org/pdf/2105.05460.pdf

Summary

As the title states, this paper is a systematic literature review on blockchain governance.

Extracts

Research Questions

  • What is blockchain governance?
  • Why is blockchain governance adopted?
  • Where is blockchain governance enforced?
  • When is blockchain governance applied?
  • Who is involved in blockchain governance?
  • How is blockchain governance designed?

p9 “Blockchain governance refers to the structures and processes that are designed to ensure the development and use of blockchain are compliant to legal regulations and ethical responsibilities.”

p9 "Dimensions of blockchain governance: Blockchain consists of the three dimensions of decision rights, accountability, and incentives, whereby they should all align with the decentralisation level of deployed blockchain"

p10 "Adaptability and upgradability are the two main properties motivating the governance of blockchain, while some other identified motivations of blockchain governance are related to ethical values, e.g., security, fairness, privacy, which reflects the awareness of blockchains impact on human and society"

p10 Governance of blockchain itself — "governance of blockchain should determine how the platform is designed [49], for instance, infrastructure configuration (e.g. block size and interval) [41, 52, 62], and consensus protocol (e.g. transaction generation and confirmation process) [29, 36, 45]." "governance can facilitate the upgrade of platform to meet the new requirements according to users feedback and proposals [29, 40, 46, 52, 59]."

p10 Governance of the blockchain community — "governance of community places an emphasis on both formal and informal governance processes of different stakeholders and their collaborations via off-chain channels (e.g., Twitter, Reddit and GitHub) [29, 36, 37, 40, 59]." "Governance over community also includes institutional governance"

p12 Table 14: RQ5: Who is involved in blockchain governance?|300

p14 Table 15: RQ6: How is blockchain governance designed (implemented)?|300

p14 "process mechanisms describe the steps of blockchain development via the governance meta-rules" "product mechanisms include the features of a blockchain, as the final outcomes of software development process."

Notes

  • Doesn't include papers after Nov 2020
  • Governance of:
    • platform
    • community
    • applications
    • data
  • When is governance applied? Steps?
    • Planning
    • Analysis
    • Design
    • Implementation
    • Testing
    • Operation
    • Termination
  • Sharding?
  • How is it implemented
    • Process Mechanisms - steps of development via governance meta-rules
    • Product Mechanisms - features of a blockchain, as outcomes of the development process

Related

  • J. Werner, S. Frost, and R. Zarnekow, “Towards a taxonomy for governance mechanisms of blockchain-based platforms,” 2020.
  • Z. Bao, K. Wang, and W. Zhang, “An auditable and secure model for permissioned blockchain.” New York, NY, USA: Association for Computing Machinery, 2019.
  • Governance in the Blockchain Economy: A Framework and Research Agenda
  • The invisible politics of bitcoin: governance crisis of a decentralized infrastructure
  • Regulatory issues in blockchain technology
  • The internal and external governance of blockchain-based organizations: Evidence from cryptocurrencies
  • M. Finck, Blockchain regulation and governance in Europe. Cambridge University Press, 2018
  • S. Azouvi, M. Maller, and S. Meiklejohn, “Egalitarian society or benevolent dictatorship: The state of cryptocurrency governance,” in Financial Cryptography and Data Security, A. Zohar, I. Eyal, V. Teague, J. Clark, A. Bracciali, F. Pintore, and M. Sala, Eds. Berlin, Heidelberg: Springer Berlin Heidelberg, 2019, pp. 127143.
  • W. Reijers, I. Wuisman, M. Mannan, P. De Filippi, C. Wray, V. Rae-Looi, A. C. Velez, and L. Orgad, “Now the ´ code runs itself: On-chain and off-chain governance of blockchain technologies,” Topoi, pp. 111, 2018.
  • B. D. Trump, M. Florin, H. S. Matthews, D. Sicker, and I. Linkov, “Governing the use of blockchain and distributed ledger technologies: Not one-size-fits-all,” IEEE Engineering Management Review, vol. 46, no. 3, pp. 5662, 2018.
  • T. John and M. Pam, “Complex adaptive blockchain governance,” in MATEC Web of Conferences, vol. 223. EDP Sciences, 2018, p. 01010.