Blockchain-Based Governance in Fractional Ownership: Mitigating Zero-Sum Games Through Decentralized Autonomous Agents

Understanding Entrepreneurial Opportunity Evaluations: An Institutional Logics Approach

“…Blockchain has been acknowledged as an effective technology in delivering transparency, immutability, traceability, trust, and performance of traceability systems (Lazuashvili et al, 2019). Several studies conclude that blockchain-based systems improve ownership traceability, particularly in supply chain management (Islam et al, 2018;Islam and Kundu, 2019;Sund et al, 2020) as well as in areas where traceability is often the most challenging for intangible items such as the origin of products and ownership (Hasan et al, 2020;Cu et al, 2021). One of the relevant works to our paper that should be mentioned is the study by Lazuashvili et al (2019) on the integration of blockchain technology into a land registration system for immutable traceability.…”

“…However, Lazuashvili et al's (2019) theoretical approach might not be sufficient to provide practical evidence or further information technology solutions. Cu et al (2021) suggest the use of blockchain for fractional ownership traceability could enhance trust among transactional participants. Scholars such as Koirala et al (2019) and Qiu and Zhu (2021) have proposed blockchain-based solutions for ownership management.…”

Head Motion Analysis is an Objective Measure of Point-of-Care Ultrasound Image Acquisition Competency

“…From a technology-oriented point of view, IT GRC refers to a technology platform for illuminating governance and compliance risk (Steinberg, 2011;Mahanti, 2021). Researchers have been considering IT GRC as a subcategory of GRC based on the unique role of IT GRCprocesses that support IT system operations of an organization (Tarantino, 2008;Cu et al, 2021). It is thus necessary to refer IT GRC to the context of IT platforms that handle primarily issues of information security, IT compliance, IT and data governance, IT risk management, and IT revision (Mahanti, 2021).…”

“…Hoksbergen et al (2021) argue that centralized GRC facilitates asymmetric information in high value low frequency transactions while blockchain-based solutions significantly improve transactional knowledge management performance. Cu et al (2021) explain that the principal-agent problem in the fractional ownership transaction such as FORET could be mitigated by DAOs and the immutable, traceable, and irreversible nature of data stored in blockchains. These studies have suggested that blockchain is expected to resolve problems of centralization, inefficiency, and information asymmetry.…”