Blockchain Papers

CoinCraze Labs

No abstract is available for this record.

Е.В. Парфенов

At the beginning of the 21st century, the rapid development of digital technologies occurs, which can be used both for the benefit of the majority of the population and to the detriment. According to the new view of the future of digital democracy, it should use decentralized digital instruments of digital public infrastructure (DPI) to achieve universal progress and development. These tools should be decentralized voting, digital identification, digital money. Each of these categories is mutually associated in real time with other categories. These technologies are also collectively called Web3. The opponent of digital democracy is a dictatorship that can use the same digital tools, but created in another way, through centralization. At the same time, freedom and justice cannot be achieved by usurpation of power through the centralization of new digital instruments. The digital dictatorship, where most citizens are operated to increase the welfare of a small group of people through fear and coercion should not be a goal. The digital dictatorship should be rejected by the current generation.

Igor Calzada

In an era of rapid technological advancement, decisions about the ownership and governance of emerging technologies like Artificial Intelligence will shape the future of both urban and rural environments in the Global North and South. This article explores how AI can move beyond the noise of algorithms by adopting a technological humanistic approach to enable Social Innovation, focusing on global inequalities and digital justice. Using a fieldwork Action Research methodology, based on the Smart Rural Communities project in Colombia and Mozambique, the study develops a framework for integrating AI with SI. Drawing on insights from the AI4SI International Summer School held in Donostia-San Sebastián in 2024, the article examines the role of decentralized Web3 technologies—such as Blockchain, Decentralized Autonomous Organizations, and Data Cooperatives—in enhancing data sovereignty and fostering inclusive and participatory governance. The results demonstrate how decentralization can empower marginalized communities in the Global South by promoting digital justice and addressing the imbalance of power in digital ecosystems. The conclusion emphasizes the potential for AI and decentralized technologies to bridge the digital divide, offering practical recommendations for scaling these innovations to support equitable, community-driven governance and address systemic inequalities across the Global North and South.

Tobias Kölbel, Kai Alexander Binder, Christof Weinhardt

Decentralization in Web3 projects is a polarizing topic, with proponents and critics presenting divergent views on blockchain governance. To navigate these tensions, this study employs an exploratory design science research approach. It utilizes a multiple-case study methodology to develop a framework for tokenized decision making and analyze venture capital investments in Web3 projects. We enable researchers and practitioners to grasp the phenomenon in a structured manner and address a critical sub-field of information systems research, which focuses on power concentration in Web3 ecosystems.

L.A. Burmakina, Olga Dolganova

No abstract is available for this record.

Igor Calzada

No abstract is available for this record.

Annika Bengts, Ville Eloranta, Esko Hakanen, Taija Turunen · 5 authors

Business models integrate activities for value creation and capture. While ecosystems have emerged as potent catalysts for value creation through collaborative innovation, the common understanding is that value capture occurs within individual firms. This paper challenges this dichotomy. In an empirical study using a polar types case approach, we first illustrate how two ecosystems employ decentralization technology, specifically blockchain-based Web3 platforms, to elevate value capture to the ecosystem level. We then outline the implications beyond the blockchain domain using two non-Web3 cases. Specifically, we show—from the perspectives of value proposition, value constellation, and profit equation—how business models can rise to the ecosystem level.

Lukas Weidener, Konrad Greilich, Mark Melnykowycz

To solve some of the challenges of traditional science, such as restricted access to funding, centralized governance, and siloed knowledge dissemination, decentralized science (DeSci) has emerged as a transformative approach facilitated by blockchain technology, Decentralized Autonomous Organizations (DAOs), and Web3. However, the emerging field of DeSci, faces several challenges, such as the absence of an organizational framework to describe its inherent complexities. This study introduces the Decentralized Science Pyramid Framework (DSPF), an innovative adaptation of Mintzberg’s organizational structure, adapted to the unique demands and properties of DeSci. The DSPF delineates a structured model for DeSci projects that integrates technology, governance, community engagement, and application within a decentralized context. Through the introduction of the DSPF, this research highlights the operational dynamics of DeSci, focusing on the practical application of Mintzberg’s theories to address real-world scientific challenges. The case study of VitaDAO, a decentralized autonomous organization exemplifying the core principles of DeSci, demonstrates the practical applicability of the DSPF. This study not only advances the academic discourse on DeSci but also offers practical insights for practitioners, innovators, and policymakers, marking a substantial step toward realizing the full potential of decentralized science.

Miyoung Chong

The sixth generation (6G) wireless cellular networks are anticipated to include the most recent advancements in network infrastructure and new technological discoveries.In addition to exploring more spectrum at high-frequency bands, it will bring together cutting-edge technical trends like blockchain, artificial intelligence (AI), and connected robotics.6G and Next-Generation Internet: Under Blockchain Web3 Economy by Abdeljalil Beniiche explores the human-centeredness of blockchain and Web3 economy for the 6G era.

David Krause

No abstract is available for this record.

Jamshed Memon, Alvin Reyes

Blockchain technology holds great potential for the gaming industry, but its inherent complexity can create significant barriers for game developers. Throughput's "Ledger as a Service" (LaaS) solution addresses this challenge, making blockchain technology and its benefits accessible to the gaming sector. By minimizing costs and technical overheads, it allows developers to prioritize building innovative and immersive game experiences. This research presents Throughput, a blockchain platform designed to excel in the gaming environment. Its groundbreaking approach employs a single process to manage multiple ledgers from different blockchains. This maximizes efficiency, reduces complexity, and significantly lowers the costs associated with running a layer 1 blockchain – critical advantages for supporting the resource-intensive nature of games. Throughput's consensus algorithm is carefully engineered to handle the demands of real-time gameplay, ensuring high throughput, minimal latency, and fast transaction confirmations. The ability for a single node to maintain multiple ledgers can be a significant breakthrough and can enable a validator to run multiple blockchains on single node with unified consensus. This efficiency boost not only saves resources but promotes exciting possibilities for interoperability, cross-game collaboration, and seamless asset exchange across different gaming blockchains. Furthermore, Throughput's validators benefit from increased block rewards by validating blocks across multiple ledgers. This unique incentive model encourages the maintenance of a robust and secure network, benefiting the entire gaming ecosystem. In conclusion, Throughput simplifies the integration of blockchain technology for game developers and offers features tailored explicitly to the needs of the gaming industry. By offloading complex node management, Throughput empowers developers to focus on their core strengths – ultimately accelerating the adoption of blockchain in gaming and driving innovation throughout the sector.

Ola Henfridsson, Robert Wayne Gregory, Youngjin Yoo

This minitrack seeks to foster interdisciplinary discussions and innovative research that elucidate the evolving landscape of Web3 technologies, digital innovation, and organizational transformation.This year's minitrack features papers related to decentralized autonomous organizations, collaboration within development communities, resale royalties for digital goods, as well as the impact of grants on user engagement and innovation on blockchain networks.

Ahmad Younes

No abstract is available for this record.

Wulf A. Kaal

No abstract is available for this record.

Alani Kuye

This paper examines decentralized governance and DAOs in Web3, emphasizing balanced tokenomics to empower users. It discusses management protocols and optimized grant programs for diverse project support. By citing real-world statistics, it highlights DAO growth and the need to lower cognitive barriers to Web3 entry, aiming to advance security, evolution, and inclusivity in decentralized finance.

Παπαγεωργίου, Κωνσταντίνος Ι., Παπαγεωργίου, Κωνσταντίνος Ι.

No abstract is available for this record.

S. B. Indra, S. Harshini, R. Sabitha

No abstract is available for this record.

Ted Ladd, Robert S. Barlow, Beau Giannini, Annette Pflaum

Multi-sided platform marketplaces like Alibaba, Alphabet, Amazon, and the Apple App Store (to name only those beginning with “A”) dominate many industries already, generating growth and profits that make them among the most valuable companies in the world. Yet a new suite of technologies collectively known as Web3, including blockchain and smart contracts, enable a new type of organization labeled a decentralized autonomous organization (DAO) that could perform many of the same functions as centralized platform companies, perhaps with an even stronger value proposition for the buyers and sellers in a DAO marketplace. This article uses and expands theories of substitutive competition and disintermediation to explain if and how DAOs might displace centralized platforms.

Leif Köppelmann, Tobias-Benedikt Blask

No abstract is available for this record.

Johannes Bennke, Lukas Weidener

No abstract is available for this record.

Alani Kuye, Brian Smocovich

No abstract is available for this record.

Sen Li, Yan Chen

Effective governance plays a pivotal role in aligning the interests of diverse stakeholders and shaping the strategic directions of organizations. However, the dominant model of corporate governance often concentrates power among a limited group of directors, leading to concerns about potential power imbalances that may distort fair representation and compromise decision-making integrity. Decentralized autonomous organizations (DAOs) present an alternative model that distributes power among a broader base of stakeholders, fostering a more democratic approach to collective decision making and governance. However, the openness and fluidity inherent in DAOs can expose them to coordination challenges, governance complexities, and potential exploitation by malicious entities. In response to possible governance challenges, we consider DAOs as digital commons and adapt Ostrom's eight principles for governing the commons to propose a new governance framework for DAOs. This governance framework is designed to foster the collective stewardship of shared digital assets and the equitable distribution of decision-making authority in the Web3 era. As DAOs emerge as a novel organizational structure, our governance framework aims to maintain their resilience, inclusiveness, and decentralization, reinforcing their crucial role in the evolving Web3 landscape.

A. Christian Silva, Shen-Ning Tung, W.J. Chen

This paper presents a comprehensive statistical analysis of the Web3 ecosystem, comparing various Web3 tokens with traditional financial assets across multiple time scales. We examine probability distributions, tail behaviors, and other key stylized facts of the returns for a diverse range of tokens, including decentralized exchanges, liquidity pools, and centralized exchanges. Despite functional differences, most tokens exhibit well-established empirical facts, including unconditional probability density of returns with heavy tails gradually becoming Gaussian and volatility clustering. Furthermore, we compare assets traded on centralized (CEX) and decentralized (DEX) exchanges, finding that DEXs exhibit similar stylized facts despite different trading mechanisms and often divergent long-term performance. We propose that this similarity is attributable to arbitrageurs striving to maintain similar centralized and decentralized prices. Our study contributes to a better understanding of the dynamics of Web3 tokens and the relationship between CEX and DEX markets, with important implications for risk management, pricing models, and portfolio construction in the rapidly evolving DeFi landscape. These results add to the growing body of literature on cryptocurrency markets and provide insights that can guide the development of more accurate models for DeFi markets.

David W. Krause

No abstract is available for this record.