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.…
Verfasserangaben: | Felix EigelshovenORCiD, André UllrichORCiDGND, Benedict BenderORCiDGND |
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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 |