Blockchain for good?

Kewell, Beth; Adams, Richard; Parry, Glenn

doi:10.1002/jsc.2143

Cited by 145 publications

(116 citation statements)

References 43 publications

Supporting

Mentioning

114

Contrasting

Unclassified

Order By: Relevance

“…Bitcoin mining supplies new cryptocurrencies in a logarithmic growth in which the increase rate will slow down, generating a deflationary bias to the value of goods and services. Smaller bitcoin supply may be overcome by an increase in the velocity of bitcoin transactions to maintain constant inflation [36].…”

Section: Economic Aspects Of Sustainabilitymentioning

confidence: 99%

Current Trends in Sustainability of Bitcoins and Related Blockchain Technology

et al. 2017

View full text Add to dashboard Cite

Bitcoin is a digital currency based on a peer-to-peer payment system managed by an open source software and characterized by lower transaction costs, greater security and scalability than fiat money and no need of a central bank. Despite criticisms about illegal uses and social consequences, it is attracting the interest of the scientific community. The purpose of this work is to define and evaluate the current trends of the literature concerned with the sustainability of bitcoin, considering the environmental impacts, social issues and economic aspects. From the analysis it emerges that the transition of the whole monetary system in the new cryptocurrency will result in an unacceptable amount of energy consumed to mine new bitcoins and to maintain the entire virtual monetary system, and probably bitcoin will remain a niche currency. Blockchain, which is the base for a distributed and democratically-sustained public ledger of the transactions, could foster new and challenging opportunities. Sharing the framework of medical data, energy generation and distribution in micro-grids at the citizen level, block-stack and new state-driven cryptocurrencies, may benefit from the wide spread of blockchain-based transactions. Under the perspective of its being a driver of social change, bitcoins and related blockchain technologies may overcome the issues highlighted by numerous detractors.

show abstract

Section: Economic Aspects Of Sustainabilitymentioning

confidence: 99%

Current Trends in Sustainability of Bitcoins and Related Blockchain Technology

et al. 2017

View full text Add to dashboard Cite

show abstract

“…A third strand of works characterises blockchain by mainly focusing on the characteristics of the data transacted and exchanged over the blockchain network and on the nature of the incentives generated by the acquisition or access to this data. The works belonging to this third interpretative strand highlight the fact that the blockchain should be intended as an "internet of value" (Kewell et al, 2017;Swan, 2015;Tapscott and Tapscott, 2017). In this case, the feature that mainly distinguishes blockchain from other digital networks is the fact that blockchain allows for digital scarcity and therefore for the transaction of economic value and for the enforcement of economic incentives .…”

Section: Blockchain Dimensions In the Literaturementioning

confidence: 99%

“…As it has been effectively described by some authors, the blockchain provides the necessary digital infrastructure for the "internet of value", "internet 3.0", "Web 3.0", or an "internet of money"(Kewell et al, 2017;Swan, 2015;Tapscott and Tapscott, 2017).…”

mentioning

confidence: 99%

Towards a Theory of Digital Network De/centralization: Platform-Infrastructure Lessons Drawn from Blockchain

Rossi

Sørensen

2019

SSRN Journal

View full text Add to dashboard Cite

Global digital platforms are conquering the world and rely critically on digital infrastructures to function, yet little research has explored the fundamental interrelationship between the two. This working paper argues that understanding centralization and decentralization in digital networks as asymmetry and symmetry in mutual interdependencies between the constitutive elements of a digital network can help us understand the platform-infrastructure relationship more fundamentally (and vice versa). To this end, the paper proposes, as a starting point, the in-depth analytical and literature study of blockchain networks as a particularly revealing type of digital platform/infrastructure duality. The paper proposes an analytical model for characterizing de/centralization in digital networks and maps this onto blockchain networks. Based on this, the paper explores the de/centralization of blockchain, arguing that the extant blockchain literature largely has failed in providing a comprehensive understanding of de/centralization by not considering the complex second-order interdependencies between the different constitutive dimensions of a blockchain: the symbolic, technological and political dimension. Based on this, the paper provides an analysis of the meaning of de/centralization in blockchain networks by studying the interdependencies between its constitutive elements of coin, network technology, and social community.

show abstract

“…Data-deliberation thereby goes beyond existing forms of corporate transparency, such as CSR reporting in a pre-digital age (Martínez-Ferrero & García-Sánchez, 2017;Parris, Dapko, Arnold, & Arnold, 2016) and represents a step to real-time transparency about ethical business conduct (Seele, 2016). Data-deliberation can thereby provide learning opportunities and collaboration among stakeholders across countries, given the possibility to store data on a public and secure blockchain system (Kewell, Adams, & Parry, 2017).…”

Section: Introductionmentioning

confidence: 99%

Conceptualizing data‐deliberation: The starry sky beetle, environmental system risk, and Habermasian CSR in the digital age

Schultz

Seele

2019

Business Ethics: A Eur Rev

View full text Add to dashboard Cite

Building on an illustrative case of a systemic environmental threat and its multi‐stakeholder response, this paper draws attention to the changing political impacts of corporations in the digital age. Political Corporate Social Responsibility (PCSR) theory suggests an expanded sense of politics and corporations, including impacts that may range from voluntary initiatives to overcome governance gaps, to avoiding state regulation via corporate political activity. Considering digitalization as a stimulus, we explore potential responsibilities of corporations toward public goods in contexts with functioning governments. We show that digitalization—in the form of transparency, surveillance, and data‐sharing—offers corporations’ scope for deliberative public participation. The starry sky beetle infestation endangering public and private goods is thereby used to illustrate the possibility of expanding the political role of corporations in the digital sphere. We offer a contribution by conceptualizing data‐deliberation as a Habermasian variation of PCSR, defined as the (a) voluntary disclosure of corporate data and its transparent, open sharing with the public sector (b) along with the cooperation with governmental institutions on data analytics methods for examining large‐scale datasets (c) thereby complying with existing national and international regulations on data protection, in particular with respect to privacy and personal data.

show abstract

Blockchain for good?

Cited by 145 publications

References 43 publications

Current Trends in Sustainability of Bitcoins and Related Blockchain Technology

Current Trends in Sustainability of Bitcoins and Related Blockchain Technology

Towards a Theory of Digital Network De/centralization: Platform-Infrastructure Lessons Drawn from Blockchain

Conceptualizing data‐deliberation: The starry sky beetle, environmental system risk, and Habermasian CSR in the digital age

Contact Info

Product

Resources

About