TY - GEN
T1 - Governance in peer-to-peer networks is a design problem
AU - Kaya, F.
AU - Gordijn, J.
AU - Wieringa, R.
AU - Makkes, M. X.
PY - 2020/3/17
Y1 - 2020/3/17
N2 - Peer-to-peer networks are gaining momentum, and its revolution is accelerating. Examples of peer-to-peer systems are Bitcoin and Corda, which are enabled by blockchain technology. Even the firmest supporters of blockchain, acknowledge the most significant challenge for successful adoption and growth of peer-to-peer networks is governance in a decentralized way. A lack of governance design poses a risk, as the decentralized network will not prevail in the long term which can even lead to a centrally orchestrated system. In this paper, we argue that the finding an appropriate governance structure is a design problem.
AB - Peer-to-peer networks are gaining momentum, and its revolution is accelerating. Examples of peer-to-peer systems are Bitcoin and Corda, which are enabled by blockchain technology. Even the firmest supporters of blockchain, acknowledge the most significant challenge for successful adoption and growth of peer-to-peer networks is governance in a decentralized way. A lack of governance design poses a risk, as the decentralized network will not prevail in the long term which can even lead to a centrally orchestrated system. In this paper, we argue that the finding an appropriate governance structure is a design problem.
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M3 - Conference contribution
AN - SCOPUS:85082383817
T3 - CEUR Workshop Proceedings
SP - 125
EP - 132
BT - VMBO 2020 Value Modelling and Business Ontologies
A2 - Roelens, Ben
A2 - Laurier, Wim
A2 - Poels, Geert
A2 - Weigand, Hans
PB - CEUR-WS
T2 - 14th International Workshop on Value Modelling and Business Ontologies, VMBO 2020
Y2 - 16 January 2020 through 17 January 2020
ER -