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Public blockchain

  • Blockchain has the potential to change business transactions to a major extent. Thereby, underlying consensus algorithms are the core mechanism to achieve consistency in distributed infrastructures. Their application aims for transparency and accountability in societal transactions. As a result of missing reviews holistically covering consensus algorithms, we aim to (1) identify prevalent consensus algorithms for public blockchains, and (2) address the resource perspective with a sustainability consideration (whereby we address the three spheres of sustainability). Our systematic literature review identified 33 different consensus algorithms for public blockchains. Our contribution is twofold: first, we provide a systematic summary of consensus algorithms for public blockchains derived from the scientific literature as well as real-world applications and systemize them according to their research focus; second, we assess the sustainability of consensus algorithms using a representative sample and thereby highlight the gaps inBlockchain has the potential to change business transactions to a major extent. Thereby, underlying consensus algorithms are the core mechanism to achieve consistency in distributed infrastructures. Their application aims for transparency and accountability in societal transactions. As a result of missing reviews holistically covering consensus algorithms, we aim to (1) identify prevalent consensus algorithms for public blockchains, and (2) address the resource perspective with a sustainability consideration (whereby we address the three spheres of sustainability). Our systematic literature review identified 33 different consensus algorithms for public blockchains. Our contribution is twofold: first, we provide a systematic summary of consensus algorithms for public blockchains derived from the scientific literature as well as real-world applications and systemize them according to their research focus; second, we assess the sustainability of consensus algorithms using a representative sample and thereby highlight the gaps in literature to address the holistic sustainability of consensus algorithms.zeige mehrzeige weniger

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Metadaten
Verfasserangaben:Felix EigelshovenORCiD, André UllrichORCiDGND, Benedict BenderORCiDGND
URL:https://aisel.aisnet.org/ecis2020_rp/202
Titel des übergeordneten Werks (Englisch):Proceedings of the 28th European Conference on Information Systems (ECIS)- A Virtual AIS Conference
Untertitel (Englisch):a systematic literature review on the sustainability of consensus algorithms
Publikationstyp:Konferenzveröffentlichung
Sprache:Englisch
Datum der Erstveröffentlichung:13.05.2020
Erscheinungsjahr:2020
Datum der Freischaltung:16.11.2022
Freies Schlagwort / Tag:Blockchain; Consensus algorithms; Sustainability; Systematic literature revieew
Erste Seite:1
Letzte Seite:19
Organisationseinheiten:Wirtschafts- und Sozialwissenschaftliche Fakultät / Wirtschaftswissenschaften / Fachgruppe Betriebswirtschaftslehre
DDC-Klassifikation:3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft
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