Governance in peer-to-peer networks is a design problem

F. Kaya, J. Gordijn, R. Wieringa, M. X. Makkes

Research output: Chapter in Book / Report / Conference proceedingConference contributionAcademicpeer-review

Abstract

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.

Original languageEnglish
Title of host publicationVMBO 2020 Value Modelling and Business Ontologies
Subtitle of host publicationProceedings of 14th International Workshop on Value Modelling and Business Ontologies Brussels, Belgium, January 16-17, 2020
EditorsBen Roelens, Wim Laurier, Geert Poels, Hans Weigand
PublisherCEUR-WS
Pages125-132
Number of pages8
Publication statusPublished - 17 Mar 2020
Event14th International Workshop on Value Modelling and Business Ontologies, VMBO 2020 - Brussels, Belgium
Duration: 16 Jan 202017 Jan 2020

Publication series

NameCEUR Workshop Proceedings
PublisherCEUR Workshop Proceedings
Volume2574
ISSN (Print)1613-0073

Conference

Conference14th International Workshop on Value Modelling and Business Ontologies, VMBO 2020
Country/TerritoryBelgium
CityBrussels
Period16/01/2017/01/20

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