Abstract
It is widely assumed that blockchain should, in principle, lead to decentralization. Yet, in practice, many enterprise blockchains are highly centralized. To explain this conundrum, we conduct a multi-case study of four enterprise blockchains: Walmart DL Freight, Contour, Chronicled MediLedger, and Cardossier. Exploring the dynamics of participant dominance and platform openness during their formative stages, we theorize that these blockchains correspond to the distinct archetypes of Chief, Clan, Custodian, and Consortium, respectively. Importantly, these archetypes shape the subsequent evolution of the governance approach, thus explaining why and how enterprise blockchains with dominant participants and limited openness later exhibit more centralized governance.
Original language | English |
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Title of host publication | Proceedings of the 57th Hawaii International Conference on System Sciences |
Publisher | University of Hawaii at Manoa |
Pages | 6573-6582 |
ISBN (Print) | 9780998133171 |
Publication status | Published - 2024 |
Event | 57th Hawaii International Conference on System Sciences (HICSS 2024) - Hilton Hawaiian Village Waikiki Beach Resort, Honolulu, United States Duration: 3 Jan 2024 → 6 Jan 2024 https://hicss.hawaii.edu/ |
Publication series
Name | Proceedings of the Annual Hawaii International Conference on System Sciences |
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ISSN (Print) | 1530-1605 |
Conference
Conference | 57th Hawaii International Conference on System Sciences (HICSS 2024) |
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Abbreviated title | HICSS-57 |
Country/Territory | United States |
City | Honolulu |
Period | 3/01/24 → 6/01/24 |
Internet address |
Bibliographical note
Full text of this publication does not contain sufficient affiliation information. With consent from the author(s) concerned, the Research Unit(s) information for this record is based on the existing academic department affiliation of the author(s).Research Keywords
- enterprise blockchain
- governance
- inter-organizational systems
- archetypes
- formation
Publisher's Copyright Statement
- This full text is made available under CC-BY-NC-ND 4.0. https://creativecommons.org/licenses/by-nc-nd/4.0/