Jumping on the blockchain bandwagon: Lessons of the past and outlook to the future

Michel Avital, Roman Beck, John L. King, Matti Rossi, Robin Teigland

Research output: Chapter in Book/Report/Conference proceedingConference contributionScientificpeer-review

40 Citations (Scopus)

Abstract

The panel focuses on blockchain, the technology behind Bitcoin and Ethereum. The topic has drawn much attention recently in both business and academic circles. The blockchain is a distributed, immutable digital record system that is shared among many independent parties and can be updated only by their consensus. If unbiased and incorruptible blockchain-based information systems become prevalent repositories of our records, trusting other humans with constructing and maintaining key records to define the resources at our disposal could become unnecessary. In principle, blockchain could provide a decentralized information infrastructure that no one fully controls, thereby no one has absolute power and no one can distort past or current records. The full potential let alone implications of blockchain is still unknown. The panel explores blockchain challenges and opportunities from the IS research perspective.

Original languageEnglish
Title of host publication2016 International Conference on Information Systems, ICIS 2016
PublisherAssociation for Information Systems
ISBN (Electronic)9780996683135
Publication statusPublished - 2016
MoE publication typeA4 Article in a conference publication
EventInternational Conference on Information Systems - Convention Centre Dublin, Dublin, Ireland
Duration: 11 Dec 201614 Dec 2016
Conference number: 37

Conference

ConferenceInternational Conference on Information Systems
Abbreviated titleICIS
Country/TerritoryIreland
CityDublin
Period11/12/201614/12/2016

Keywords

  • Blockchain technology
  • Decentralized organization
  • Distributed ledger
  • IS research
  • Sharing economy
  • Smart contract

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