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Techruption Consortium Blockchain – what it takes to run a blockchain together

Authors: Deventer, M.O.; Berkers, F.T.H.M.; Vos, M.; Zandee, A.; Vreuls, T.; Piggelen, L. van; Blom, A.; +5 Authors

Techruption Consortium Blockchain – what it takes to run a blockchain together

Abstract

This paper presents initial results of the Techruption Consortium Blockchain experiment. The purpose of the experiment is to learn what it takes to run a permissioned consortium blockchain infrastructure together, not only from a technical perspective, but also governance and business model. The experiment turned out to be surprisingly complex, running into buggy open-source software, extensive firewall and connectivity issues, a complex legal context, a plethora of governance issues, many business model alternatives, and an ever-present human resource limitation. Based on our experiences, we conclude that instead of developing dedicated technical infrastructure, governance and business models for each blockchain application individually, there is a need for a shared blockchain infrastructure with basic governance and business models to spur further innovation in blockchain applications and enabling technologies.

Country
Netherlands
Related Organizations
Keywords

Blockchain Engineering, Correctness of Code, Incentives for Sustainable Operations, Modell Checking, Information Society, Technology Platforms

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Powered by OpenAIRE graph
Found an issue? Give us feedback
selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
1
Average
Average
Average
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