Formative Archetypes in Enterprise Blockchain Governance: Exploring the Dynamics of Participant Dominance and Platform Openness
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2024-01-03
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6573
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It is widely assumed that blockchain should, in principle, lead to decentralization. Yet, in practice, many enterprise blockchains are highly centralized. To explain this conundrum, we conduct a multi-case study of four enterprise blockchains: Walmart DL Freight, Contour, Chronicled MediLedger, and Cardossier. Exploring the dynamics of participant dominance and platform openness during their formative stages, we theorize that these blockchains correspond to the distinct archetypes of Chief, Clan, Custodian, and Consortium, respectively. Importantly, these archetypes shape the subsequent evolution of the governance approach, thus explaining why and how enterprise blockchains with dominant participants and limited openness later exhibit more centralized governance.
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IT Governance and its Mechanisms, archetypes, enterprise blockchain, formation, governance, inter-organizational systems
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10 pages
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Proceedings of the 57th Hawaii International Conference on System Sciences
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Attribution-NonCommercial-NoDerivatives 4.0 International
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