Blockchain-Enabled Trust in Intercompany Networks Applying the Agency Theory

Große, Nick; Guerpinar, Tan; Henke, Michael

doi:10.1145/3475992.3475994

Cited by 14 publications

(4 citation statements)

References 17 publications

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“…This is also accompanied by a growth in open environments where agents can enter and leave an environment at any time, which represents a challenge for the initial trust dimensions. However, recent works have emerged with possible solutions to the problems identified by those dimensions through the usage and implementation of a blockchain [10,18,24].…”

Section: Challenges and Open Issues In Modeling Trust In Negotiationmentioning

confidence: 99%

Trust-based Negotiation in Multiagent Systems: A Systematic Review

Barbosa

Santos

Nováis

2023

Communications in Computer and Information Science

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In this work, we conducted a systematic review on trustbased negotiation in Multiagent Systems (MAS), through a bibliometric analysis over the past 25 years of research publications, on three of the most popular scientific databases (Google Scholar, Scopus, and Web of Science). Our analysis reveals that this research topic is regaining interest, after some oscillating years, and the impact of its contributions is equivalent to other equally important research variants like ontology and argumentation (in a negotiation scenario). Discarding the humanto-agent trust challenges, we only focus on agent-to-agent trust concepts, and we performed an analysis of the different types of trust dimensions, using the findings and concerns of past review works, as we identify and select the dimensions that, in our opinion, have the most potential to lead the research advances on the topic of trust in MAS. Furthermore, we discuss the current challenges and open issues associated with those trust dimensions, and how current advancements in the literature could provide insights for the solution of those challenges, or even the finding of new research paths.

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Section: Challenges and Open Issues In Modeling Trust In Negotiationmentioning

confidence: 99%

Trust-based Negotiation in Multiagent Systems: A Systematic Review

Barbosa

Santos

Nováis

2023

Communications in Computer and Information Science

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“…Blockchain-based governance can have adoption implications from various governance theories. The agency cost theory stresses on the fact that the most important goal of good governance is to safeguard and protect the various stakeholders of a firm from the indiscretion and personal motives of the managers, the blockchain-enabled technology will ensure better transparency and uphold the idea of this theory (Sun et al, 2020;Grosse et al, 2021). The transaction cost theory states that the organizational structure of the firm can determine the various aspects of price, cost and production of the firm while the implementation of blockchain technology can improve speed of execution and lead to reduction in costs, which can further increase investments and lead to new and improved governance strategies (Chen et al, 2022;Herold et al, 2021).…”

Section: Blockchain Based Governancementioning

confidence: 99%

“…The agency cost theory stresses on the fact that the most important goal of good governance is to safeguard and protect the various stakeholders of a firm from the indiscretion and personal motives of the managers, the blockchain-enabled technology will ensure better transparency and uphold the idea of this theory (Sun et al. , 2020; Grosse et al. , 2021).…”

Section: Literature Review and Development Of Conceptual Frameworkmentioning

confidence: 99%

Using blockchain for global governance: past, present and future

Tiwari¹,

Pal

2022

SAJBS

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PurposeThis paper examines the current state of blockchain governance research. The study’s findings also propose a conceptual framework for the use of blockchain in governance and global governance and provide a global look at how public and private sectors alike are implementing new technologies.Design/methodology/approachThe study is qualitative as well as quantitative in nature. The authors used Preferred Reporting Items for Systematic and Meta-Analysis (PRISMA) to gather data for the study. Furthermore, a bibliometric analysis using VOSviewer visualization tool and R Studio was carried out to attain the research objectives.FindingsMany scholars and practitioners from around the world are interested in the topic, according to the analysis. This is a multidisciplinary study, so researchers have looked at how the blockchain can be used to govern countries, public utilities and global facilities, including corporations. There are numerous examples of how technology has been used in global governance, and the authors found that governments, as well as corporations around the world, have implemented technology in a variety of areas that affect the public and other stakeholders.Practical implicationsThis study makes numerous contributions. In the first place, it presents the complex concept of blockchain in an easier to understand way. The numerous governmental and commercial initiatives that have made use of blockchain are also highlighted. As a result, the use of technology in corporate and social governance will continue to grow. Finally, the research will inform the academic community on the current state of the topic and potential future directions.Originality/valueAs a result of this research, academics and scholars can better understand the potential of blockchain in various governance models, ranging from developed to developing economies. The general public, as well as organizations, will benefit from the decentralized nature of the blockchain in a variety of ways related to their day-to-day governance. To the best of authors’ knowledge, this is a first kind of research on blockchain in governance using PRISMA and bibliometrics tools.

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“…Secondly, the multiple partners of a supply chain may not provide transparent information but experience poor trust relationships and coordination, as well as a lack of accountability. These challenges become a bottleneck restricting the development of enterprise collaboration (Saberi et al, 2019;Große et al, 2021).…”

Section: Unit Of Analysis | Blockchain In Supply Chain Management As ...mentioning

confidence: 99%

To join or not to join?–A framework for the evaluation of enterprise blockchain consortia

2022

Self Cite

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Within the past years, enterprise blockchain solutions were frequently developed within different industry consortia. In most cases, this resulted in isolated solutions competing against each other due to similar approaches and goals. Today, decision makers do not necessarily need to establish entirely new blockchain consortia, as established ones already exist, and participation is a considerable way to avoid unreasonable efforts. In this paper, we apply an iterative literature review to identify different factors relevant for practitioners, who face the challenge of joining an existing enterprise blockchain consortium. In a second step, we discuss these factors utilizing supply chain management as a role model. As a main finding, we propose an evaluation framework for the purpose of enterprise blockchain consortium analysis. Additionally, we provide several questions relevant for practitioners during their evaluation stages. With our evaluation framework we contribute to blockchain research, where - despite its high relevance - the topic of consortium evaluation has so far been neglected. We also contribute to research in the field of technology evaluation by proposing and merging five different evaluation dimensions.

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Blockchain-Enabled Trust in Intercompany Networks Applying the Agency Theory

Cited by 14 publications

References 17 publications

Trust-based Negotiation in Multiagent Systems: A Systematic Review

Trust-based Negotiation in Multiagent Systems: A Systematic Review

Using blockchain for global governance: past, present and future

To join or not to join?–A framework for the evaluation of enterprise blockchain consortia

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