Governance of Blockchain-Based Platforms

Bibtex

@Select Types{,
	  
  
   
  
   
   Journal   = "Band-1",
  Title    = "Governance of Blockchain-Based Platforms", 
  Author    = "Johannes Werner, Rüdiger Zarnekow", 
  Doi    = "https://doi.org/10.30844/wi_2020_b1-werner", 
  Abstract    = "Blockchain technology may disrupt industries by disintermediation. Hence, it challenges market-oriented platforms like Amazon or Facebook as intermediaries. In the case of blockchain-based platforms, if there may be no platform owner as an intermediary, the different sides of a platform will still need to be orchestrated by platform governance. Following this, blockchainbased platforms must also have mechanisms for orchestrating their platform sides. These mechanisms of blockchain-based platforms may differ from traditional platform governance. This research aims to enhance the understanding of governance mechanisms of blockchain-based platforms. For this purpose, a case study is conducted to analyze the governance mechanisms and their manifestations. Therefore, the initial governance mechanisms were taken from research on platforms. As a result, blockchain specific characteristics of governance mechanisms were identified.

", 
  Keywords    = "platform governance, blockchain, distributed ledger technology", 
}

Abstract

Abstract

Blockchain technology may disrupt industries by disintermediation. Hence, it challenges market-oriented platforms like Amazon or Facebook as intermediaries. In the case of blockchain-based platforms, if there may be no platform owner as an intermediary, the different sides of a platform will still need to be orchestrated by platform governance. Following this, blockchainbased platforms must also have mechanisms for orchestrating their platform sides. These mechanisms of blockchain-based platforms may differ from traditional platform governance. This research aims to enhance the understanding of governance mechanisms of blockchain-based platforms. For this purpose, a case study is conducted to analyze the governance mechanisms and their manifestations. Therefore, the initial governance mechanisms were taken from research on platforms. As a result, blockchain specific characteristics of governance mechanisms were identified.

Keywords

Schlüsselwörter

platform governance, blockchain, distributed ledger technology

References

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