Organizational Building Blocks for Blockchain Governance: A Survey of 241 Blockchain White Papers

Governance for centralized organizational structures has long roots and well-developed frameworks, including for various specialty areas, such as IT or data governance. However, the introduction of blockchain technology as a supportive tool for implementing decentralized organizations requires a ren...

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Autores principales:	Petri Honkanen, Mats Nylund, Magnus Westerlund
Formato:	article
Lenguaje:	EN
Publicado:	Frontiers Media S.A. 2021
Materias:	blockchain white paper governance decentralized ecosystems decentralized governance distributed ledger technology Information technology T58.5-58.64
Acceso en línea:	https://doaj.org/article/182e13953a7644149d74f2e9d09e540e
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spelling	oai:doaj.org-article:182e13953a7644149d74f2e9d09e540e2021-11-30T18:39:16ZOrganizational Building Blocks for Blockchain Governance: A Survey of 241 Blockchain White Papers2624-785210.3389/fbloc.2021.613115https://doaj.org/article/182e13953a7644149d74f2e9d09e540e2021-11-01T00:00:00Zhttps://www.frontiersin.org/articles/10.3389/fbloc.2021.613115/fullhttps://doaj.org/toc/2624-7852Governance for centralized organizational structures has long roots and well-developed frameworks, including for various specialty areas, such as IT or data governance. However, the introduction of blockchain technology as a supportive tool for implementing decentralized organizations requires a renewed focus for research in the area. The paper utilizes empirical data from blockchain ecosystems in the form of white papers (public communique of intention) to analyze their governance intentions. The empirical findings are based on a review of 241 blockchains and distributed ledger technology white papers, out of which 67 include explicit descriptions of how governance should be organized in the ecosystem. Our empirical research distinguishes between three categories of governance: objectives, mechanisms, and stakeholders. We further identify 28 features for these categories, which are described in an open encoding format. Hence, the paper contributes to the emerging blockchain research field, particularly to the decentralized aspects of blockchain governance research. This research also reveals that blockchain governance does not receive the attention it should as a large majority of ecosystems have not disclosed their governance intentions. The results can be utilized as a framework for future research. The results can also be helpful for industry when designing and developing governance systems.Petri HonkanenMats NylundMagnus WesterlundMagnus WesterlundFrontiers Media S.A.articleblockchainwhite papergovernancedecentralized ecosystemsdecentralized governancedistributed ledger technologyInformation technologyT58.5-58.64ENFrontiers in Blockchain, Vol 4 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	blockchain white paper governance decentralized ecosystems decentralized governance distributed ledger technology Information technology T58.5-58.64
spellingShingle	blockchain white paper governance decentralized ecosystems decentralized governance distributed ledger technology Information technology T58.5-58.64 Petri Honkanen Mats Nylund Magnus Westerlund Magnus Westerlund Organizational Building Blocks for Blockchain Governance: A Survey of 241 Blockchain White Papers
description	Governance for centralized organizational structures has long roots and well-developed frameworks, including for various specialty areas, such as IT or data governance. However, the introduction of blockchain technology as a supportive tool for implementing decentralized organizations requires a renewed focus for research in the area. The paper utilizes empirical data from blockchain ecosystems in the form of white papers (public communique of intention) to analyze their governance intentions. The empirical findings are based on a review of 241 blockchains and distributed ledger technology white papers, out of which 67 include explicit descriptions of how governance should be organized in the ecosystem. Our empirical research distinguishes between three categories of governance: objectives, mechanisms, and stakeholders. We further identify 28 features for these categories, which are described in an open encoding format. Hence, the paper contributes to the emerging blockchain research field, particularly to the decentralized aspects of blockchain governance research. This research also reveals that blockchain governance does not receive the attention it should as a large majority of ecosystems have not disclosed their governance intentions. The results can be utilized as a framework for future research. The results can also be helpful for industry when designing and developing governance systems.
format	article
author	Petri Honkanen Mats Nylund Magnus Westerlund Magnus Westerlund
author_facet	Petri Honkanen Mats Nylund Magnus Westerlund Magnus Westerlund
author_sort	Petri Honkanen
title	Organizational Building Blocks for Blockchain Governance: A Survey of 241 Blockchain White Papers
title_short	Organizational Building Blocks for Blockchain Governance: A Survey of 241 Blockchain White Papers
title_full	Organizational Building Blocks for Blockchain Governance: A Survey of 241 Blockchain White Papers
title_fullStr	Organizational Building Blocks for Blockchain Governance: A Survey of 241 Blockchain White Papers
title_full_unstemmed	Organizational Building Blocks for Blockchain Governance: A Survey of 241 Blockchain White Papers
title_sort	organizational building blocks for blockchain governance: a survey of 241 blockchain white papers
publisher	Frontiers Media S.A.
publishDate	2021
url	https://doaj.org/article/182e13953a7644149d74f2e9d09e540e
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_version_	1718406306328477696

Organizational Building Blocks for Blockchain Governance: A Survey of 241 Blockchain White Papers

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