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Blockchain is a radical innovation with a unique value proposition that shifts trust from institutions to algorithms. Still, the potential of blockchains remains elusive due to knowledge gaps between computer science research and socio-economic research. Building on information technology governance literature and the theory of coevolution, this study develops a process model for blockchain configurations that captures blockchain capability dimensions and application areas. We demonstrate the applicability of the proposed blockchain configuration process model on four blockchain projects. The proposed blockchain configuration process model assists with the selection and configuration of blockchain systems based on a set of known requirements for a blockchain project. Our findings contribute to research by bridging knowledge gaps between computer science and socio-economic research on blockchain. Specifically, we explore existing blockchain concepts and integrate them in a process model for blockchain configurations.
Cyberphysical Systems (CPS) are transforming the way we interact with the physical world around us. However, centralised approaches for CPS systems are not capable of addressing the unique challenges of CPS due to the complexity, constraints, and dyn
In this paper, we develop a more general framework of block-structured Markov processes in the queueing study of blockchain systems, which can provide analysis both for the stationary performance measures and for the sojourn times of any transaction
In the past decade, blockchain has shown a promising vision greatly to build the trust without any powerful third party in a secure, decentralized and salable manner. However, due to the wide application and future development from cryptocurrency to
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