Visibility and digital art: Blockchain as an ownership layer on the Internet

McConaghy, Masha; McMullen, Greg; Parry, Glenn; McConaghy, Trent; Holtzman, David

doi:10.1002/jsc.2146

Cited by 100 publications

(76 citation statements)

References 31 publications

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“…Statistics show that more than 100 hours were uploaded to YouTube every minute around 2013 (Slaughter, 2015), and currently indications show that it now has increased to more than 500 hours 2 . However, claiming rights, ownership and reimbursements on the Internet have not been easy as the link between the content and its creator is often lost (McConaghy et al, 2017). The academic knowledge regarding how content creators create and capture value and what options and challenges they may face is scarce.…”

Section: The New Value Creation and Value Capturementioning

confidence: 99%

“…Several scholars though, have pointed out the blockchain technology as an enabler of micropayments and for securing the rights and values for the creators (McConaghy et al, 2017;Newman, 2018;O'Dair & Beaven, 2017). However, it remains unclear if and how blockchains contribute to value capture and value creation.…”

Section: The New Value Creation and Value Capturementioning

confidence: 99%

“…Also, as pointed out by several scholars, the blockchain technology is seen as an enabler for content creators in order to handle payments and for securing their rights and values (Malgieri & Custers, 2018;McConaghy et al, 2017;Newman, 2018;O'Dair & Beaven, 2017;Tapscott & Tapscott, 2017). It has been observed that new intermediaries have started to emerge, i.e., service providers offering blockchain solutions (Fabian, 2017).…”

Section: Consequently the Purpose Of This Dissertation Ismentioning

confidence: 99%

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Mind Your Own Business : Understanding and characterizing valuecreated by consumers in a digital economy

Mileros

2020

Linköping Studies in Science and Technology. Licentiate Thesis

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In the context of what is commonly referred to as consumer-centric digital economy, personal data has become the new currency which is utilized by consumers to be granted access to seemingly "free apps" within so-called digital zero-price markets. Simultaneously, there are consumers, known as "content creators", who can generate million-dollar revenues annually. The current understanding of how consumers create and capture value within this new digital economy is scarce and more research is needed to systematically build a basis for creating an understanding of value creation and capture in the consumer-centric digital economy, based on a consumer perspective. The purpose of this dissertation is consequently to explore how consumers create and capture value within a consumer-centric digital economy. The explorative study also serves to obtain an initial overview of the phenomenon and the widely dispersed literature which spans different research fields. The collected data constitute more than 500 articles in combination with empirical data collected from websites. Based on the current literature, central concepts related to consumer-centric digital economy are explained. These include for instance Web 2.0, user-generated content and the consumerto-business relationship. The different concepts are discussed in relation to each other and a trend analysis shows that these concepts are on the rise and have become increasingly popular. The results show that consumers within the digital economy may take different roles, and some create value as business-oriented consumers (i.e., consumers who have a commercial interest). For instance, they make a business out of their participation in the digital economy. Examples are YouTubers, bloggers or creators in virtual worlds such as Second Life. Another, probably larger category is characterized as traditional consumers, for instance they participate in the digital economy through their use of seemingly "free" apps but do not reap any direct monetary benefits. By sharing their personal data, they take part in value creation in a more passive way. The findings also indicate that the level of control, e.g. determined by whether or not value is created within the digital platform, may characterize the prerequisites for value capture. Based on this, a taxonomy for value creation and value capture by consumers in the digital economy is developed. The study also identifies different business model types for business-oriented consumers.

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Section: The New Value Creation and Value Capturementioning

confidence: 99%

Section: The New Value Creation and Value Capturementioning

confidence: 99%

Section: Consequently the Purpose Of This Dissertation Ismentioning

confidence: 99%

See 1 more Smart Citation

Mind Your Own Business : Understanding and characterizing valuecreated by consumers in a digital economy

Mileros

2020

Linköping Studies in Science and Technology. Licentiate Thesis

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“…These approaches are focused upon improving the consensus protocol. McConaghy et al [10] adopted a different approach to scalability. They started with a distributed database, MongoDB, and added the blockchain features of decentralized control, immutability while supporting the creation and movement of digital assets to provide a scalable, decentralized database BigchainDB.…”

Section: Background and Related Workmentioning

confidence: 99%

HBasechainDB – A Scalable Blockchain Framework on Hadoop Ecosystem

Sahoo

Baruah

2018

Lecture Notes in Computer Science

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Abstract. After the introduction of Bitcoin, blockchain has made its way through numerous applications and been adopted by various communities. A number of implementations exist today providing a platform to carry on business with ease. However, it is observed the scalability of blockchain still remains an issue. Also, none of the framework can claim the ability to handle Big Data and support to perform analytics, which is an important and integral facet of current world of business. We propose HBasechainDB, a scalable blockchain-based tamperproofed Big Data store for distributed computing. HBasechainDB adds the blockchain characteristics of immutability and decentralization to the HBase database in the Hadoop ecosystem. Linear scaling is achieved by pushing computation to the data nodes. HBasechainDB comes with inherent property of efficient big data processing as it is built on Hadoop ecosystem. HBasechainDB also makes adaptation of blockchain very easy for those organizations whose business logic are already existing on Hadoop ecosystem. HBasechainDB can be used as a tamper-proof, decentralized, distributed Big Data store.

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“…Indeed, preliminary blockchain-based database solutions rationalise blockchain features: BigchainDB [6] replaces PoW (and its security) with a lightweight protocol; RSCoin [2] (re)introduces certain degree of centralisation in the system.…”

Section: Introductionmentioning

confidence: 99%

A Prototype Evaluation of a Tamper-Resistant High Performance Blockchain-Based Transaction Log for a Distributed Database

Aniello

Baldoni

Gaetani

et al. 2017

2017 13th European Dependable Computing Conference (EDCC)

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Abstract-As data is having an increasingly relevant role in different business fields, ensuring integrity has become fundamental. Modern databases rely on transaction history written on redo logs to allow for data restore. However, if redo logs are (maliciously) forged, data can actually be lost or altered. Due its strong data integrity guarantees, blockchain technology can be employed to ensure log integrity, but its current performance limitations hinder actual exploitations.In previous work, we proposed a layered blockchain-based architecture for distributed (federated) database redo logs: a fast first layer blockchain, anchored to a secure second layer blockchain, based on proof-of-work to achieve strong integrity. Here, we present an implementation and an experimental evaluation of a prototype of that architecture, which employs a total consensus algorithm on the first layer blockchain. Finally, to improve availability and scalability, we refine our solution by investigating, respectively, a Byzantine Fault Tolerant consensus and a Distributed Hash Table solution to shard the first layer blockchain ledger among available nodes.

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Visibility and digital art: Blockchain as an ownership layer on the Internet

Cited by 100 publications

References 31 publications

Mind Your Own Business : Understanding and characterizing valuecreated by consumers in a digital economy

Mind Your Own Business : Understanding and characterizing valuecreated by consumers in a digital economy

HBasechainDB – A Scalable Blockchain Framework on Hadoop Ecosystem

A Prototype Evaluation of a Tamper-Resistant High Performance Blockchain-Based Transaction Log for a Distributed Database

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