Distributed Ledger Technology for the systematic Investigation and Reduction of Information Asymmetry in Collaborative Networks

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dc.contributor.authorSchinle, Markus
dc.contributor.authorErler, Christina
dc.contributor.authorStork, Wilhelm
dc.date.accessioned2020-01-04T08:16:58Z
dc.date.available2020-01-04T08:16:58Z
dc.date.issued2020-01-07
dc.description.abstractCosts, risks and inefficiencies in Collaborative Networks (CNs) resulting from information asymmetries have been discussed in the scientific community for years. In this work, supply chain networks, as common representative of CNs, are used as object of investigation. Therein, problems and requirements of interorganizational information exchange are elaborated as well as the potential role Distributed Ledger Technology (DLT) could play to address them. As major challenge, convincing all relevant network partners to resolve asymmetric information by sharing sensitive data is identified. To face this issue, the value of shared information is prioritized as a motivational aspect. Finally, we propose a search process to systematically assess the benefits of information sharing in collaborative networks. To coordinate and implement this process regarding the derived requirements of CNs we propose system components based on DLT design patterns.
dc.format.extent10 pages
dc.identifier.doi10.24251/HICSS.2020.651
dc.identifier.isbn978-0-9981331-3-3
dc.identifier.urihttp://hdl.handle.net/10125/64393
dc.language.isoeng
dc.relation.ispartofProceedings of the 53rd Hawaii International Conference on System Sciences
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 International
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjectBlockchain Cases and Innovations
dc.subjectblockchain
dc.subjectbusiness networks
dc.subjectdistributed ledger technology
dc.subjectinformation asymmetry
dc.subjectinformation value
dc.titleDistributed Ledger Technology for the systematic Investigation and Reduction of Information Asymmetry in Collaborative Networks
dc.typeConference Paper
dc.type.dcmiText

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