Sponsor
Publication of this article in an open access journal was funded by the Portland State University Library’s Open Access Fund.
Published In
The Journal of The British Blockchain Association
Document Type
Article
Publication Date
6-2022
Subjects
Blockchains (Databases)
Abstract
Enterprise blockchain projects have great promise. They can cut costs and promote efficiency through disintermediation, increase transparency for tracking intercompany transactions, expand knowledge through consortia databases, and improve workflows through shared business processes. Despite its potential, blockchain technology has failed to produce promised benefits for enterprise networks. While the underlying technology has advanced rapidly, managerial capabilities needed to form and manage blockchain consortia have lagged, and as a result, few consortia have succeeded. This chapter reviews the extant literature on blockchain consortia and provides a framework that identifies (1) foundational conditions that precede effective consortium formation, (2) capabilities required for effective consortium functioning and evolution, and (3) partner and ecosystem-level outcomes associated with successful blockchain projects.
Rights
Copyright (c) 2022 The Authors
This work is licensed under a Creative Commons Attribution 4.0 International License.
Persistent Identifier
https://archives.pdx.edu/ds/psu/37888
Citation Details
Kaufman, M., Heister, S., & Yuthas, K. (2021). Consortium Capabilities for Enterprise Blockchain Success. The Journal of The British Blockchain Association, 27744.