Blockchain and the Future of Work: A Self-Determination Theory Approach

Abstract

Similar to the Internet several decades ago, Blockchain technology is expected to become a highly disruptive technology that will presumably impact society and economy alike. In this paper we present various scenarios as to how Blockchain might affect the future of work. We build on Self-Determination Theory, which takes into account different types of human needs and motivations, as a theoretical framework. We conducted 24 qualitative interviews with Blockchain experts and created three different scenarios that outline potential future developments. The experts’ opinions range from predicting no significant impact of Blockchain on the work environment toward substantial changes that can have both beneficial and adverse consequences for the work force. In this chapter we detail the three scenarios and further illustrate Blockchain’s potential implications for basic human needs in the context of the future of work.