2021/04/16 by Olga Labazova, Labazova, Olga, Erol Kazan +7
Business, Management and Accounting · Computer Science · #Blockchain Technology Applications and Security #Cloud Computing and Resource Management #Cryptography and Security (cs.CR) #Digital Platforms and Economics #FOS: Computer and information sciences #cs.CR
paper · pdf · doi:10.48550/arxiv.2105.02118
arxiv created 2021/04/16 · openalex publication_date 2021/04/16 · arxiv updated 2021/05/06 · openalex created_date 2021/05/10 · openalex updated_date 2026/07/28
Blockchain is a radical innovation with a unique value proposition that shifts trust from institutions to algorithms. Still, the potential of blockchains remains elusive due to knowledge gaps between computer science research and socio-economic research. Building on information technology governance literature and the theory of coevolution, this study develops a process model for blockchain configurations that captures blockchain capability dimensions and application areas. We demonstrate the applicability of the proposed blockchain configuration process model on four blockchain projects. The proposed blockchain configuration process model assists with the selection and configuration of blockchain systems based on a set of known requirements for a blockchain project. Our findings contribute to research by bridging knowledge gaps between computer science and socio-economic research on blockchain. Specifically, we explore existing blockchain concepts and integrate them in a process model for blockchain configurations.