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Blockchain
(2018)
The term blockchain has recently become a buzzword, but only few know what exactly lies behind this approach. According to a survey, issued in the first quarter of 2017, the term is only known by 35 percent of German medium-sized enterprise representatives. However, the blockchain technology is very interesting for the mass media because of its rapid development and global capturing of different markets.
For example, many see blockchain technology either as an all-purpose weapon— which only a few have access to—or as a hacker technology for secret deals in the darknet. The innovation of blockchain technology is found in its successful combination of already existing approaches: such as decentralized networks, cryptography, and consensus models. This innovative concept makes it possible to exchange values in a decentralized system. At the same time, there is no requirement for trust between its nodes (e.g. users).
With this study the Hasso Plattner Institute would like to help readers form their own opinion about blockchain technology, and to distinguish between truly innovative properties and hype.
The authors of the present study analyze the positive and negative properties of the blockchain architecture and suggest possible solutions, which can contribute to the efficient use of the technology. We recommend that every company define a clear target for the intended application, which is achievable with a reasonable cost-benefit ration, before deciding on this technology. Both the possibilities and the limitations of blockchain technology need to be considered. The relevant steps that must be taken in this respect are summarized /summed up for the reader in this study.
Furthermore, this study elaborates on urgent problems such as the scalability of the blockchain, appropriate consensus algorithm and security, including various types of possible attacks and their countermeasures. New blockchains, for example, run the risk of reducing security, as changes to existing technology can lead to lacks in the security and failures.
After discussing the innovative properties and problems of the blockchain technology, its implementation is discussed. There are a lot of implementation opportunities for companies available who are interested in the blockchain realization. The numerous applications have either their own blockchain as a basis or use existing and widespread blockchain systems. Various consortia and projects offer "blockchain-as-a-serviceänd help other companies to develop, test and deploy their own applications.
This study gives a detailed overview of diverse relevant applications and projects in the field of blockchain technology. As this technology is still a relatively young and fast developing approach, it still lacks uniform standards to allow the cooperation of different systems and to which all developers can adhere. Currently, developers are orienting themselves to Bitcoin, Ethereum and Hyperledger systems, which serve as the basis for many other blockchain applications.
The goal is to give readers a clear and comprehensive overview of blockchain technology and its capabilities.
Which event happened first?
(2021)
First come, first served: Critical choices between alternative actions are often made based on events external to an organization, and reacting promptly to their occurrence can be a major advantage over the competition. In Business Process Management (BPM), such deferred choices can be expressed in process models, and they are an important aspect of process engines. Blockchain-based process execution approaches are no exception to this, but are severely limited by the inherent properties of the platform: The isolated environment prevents direct access to external entities and data, and the non-continual runtime based entirely on atomic transactions impedes the monitoring and detection of events. In this paper we provide an in-depth examination of the semantics of deferred choice, and transfer them to environments such as the blockchain. We introduce and compare several oracle architectures able to satisfy certain requirements, and show that they can be implemented using state-of-the-art blockchain technology.
First come, first served: Critical choices between alternative actions are often made based on events external to an organization, and reacting promptly to their occurrence can be a major advantage over the competition. In Business Process Management (BPM), such deferred choices can be expressed in process models, and they are an important aspect of process engines. Blockchain-based process execution approaches are no exception to this, but are severely limited by the inherent properties of the platform: The isolated environment prevents direct access to external entities and data, and the non-continual runtime based entirely on atomic transactions impedes the monitoring and detection of events. In this paper we provide an in-depth examination of the semantics of deferred choice, and transfer them to environments such as the blockchain. We introduce and compare several oracle architectures able to satisfy certain requirements, and show that they can be implemented using state-of-the-art blockchain technology.
Smart contracts promise to reform the legal domain by automating clerical and procedural work, and minimizing the risk of fraud and manipulation. Their core idea is to draft contract documents in a way which allows machines to process them, to grasp the operational and non-operational parts of the underlying legal agreements, and to use tamper-proof code execution alongside established judicial systems to enforce their terms. The implementation of smart contracts has been largely limited by the lack of an adequate technological foundation which does not place an undue amount of trust in any contract party or external entity. Only recently did the emergence of Decentralized Applications (DApps) change this: Stored and executed via transactions on novel distributed ledger and blockchain networks, powered by complex integrity and consensus protocols, DApps grant secure computation and immutable data storage while at the same time eliminating virtually all assumptions of trust.
However, research on how to effectively capture, deploy, and most of all enforce smart contracts with DApps in mind is still in its infancy. Starting from the initial expression of a smart contract's intent and logic, to the operation of concrete instances in practical environments, to the limits of automatic enforcement---many challenges remain to be solved before a widespread use and acceptance of smart contracts can be achieved.
This thesis proposes a model-driven smart contract management approach to tackle some of these issues. A metamodel and semantics of smart contracts are presented, containing concepts such as legal relations, autonomous and non-autonomous actions, and their interplay. Guided by the metamodel, the notion and a system architecture of a Smart Contract Management System (SCMS) is introduced, which facilitates smart contracts in all phases of their lifecycle. Relying on DApps in heterogeneous multi-chain environments, the SCMS approach is evaluated by a proof-of-concept implementation showing both its feasibility and its limitations.
Further, two specific enforceability issues are explored in detail: The performance of fully autonomous tamper-proof behavior with external off-chain dependencies and the evaluation of temporal constraints within DApps, both of which are essential for smart contracts but challenging to support in the restricted transaction-driven and closed environment of blockchain networks. Various strategies of implementing or emulating these capabilities, which are ultimately applicable to all kinds of DApp projects independent of smart contracts, are presented and evaluated.
Blockchain
(2018)
Der Begriff Blockchain ist in letzter Zeit zu einem Schlagwort geworden, aber nur wenige wissen, was sich genau dahinter verbirgt. Laut einer Umfrage, die im ersten Quartal 2017 veröffentlicht wurde, ist der Begriff nur bei 35 Prozent der deutschen Mittelständler bekannt. Dabei ist die Blockchain-Technologie durch ihre rasante Entwicklung und die globale Eroberung unterschiedlicher Märkte für Massenmedien sehr interessant.
So sehen viele die Blockchain-Technologie entweder als eine Allzweckwaffe, zu der aber nur wenige einen Zugang haben, oder als eine Hacker-Technologie für geheime Geschäfte im Darknet. Dabei liegt die Innovation der Blockchain-Technologie in ihrer erfolgreichen Zusammensetzung bereits vorhandener Ansätze: dezentrale Netzwerke, Kryptographie, Konsensfindungsmodelle. Durch das innovative Konzept wird ein Werte-Austausch in einem dezentralen System möglich. Dabei wird kein Vertrauen zwischen dessen Knoten (z.B. Nutzer) vorausgesetzt.
Mit dieser Studie möchte das Hasso-Plattner-Institut den Lesern helfen, ihren eigenen Standpunkt zur Blockchain-Technologie zu finden und dabei dazwischen unterscheiden zu können, welche Eigenschaften wirklich innovativ und welche nichts weiter als ein Hype sind.
Die Autoren der vorliegenden Arbeit analysieren positive und negative Eigenschaften, welche die Blockchain-Architektur prägen, und stellen mögliche Anpassungs- und Lösungsvorschläge vor, die zu einem effizienten Einsatz der Technologie beitragen können. Jedem Unternehmen, bevor es sich für diese Technologie entscheidet, wird dabei empfohlen, für den geplanten Anwendungszweck zunächst ein klares Ziel zu definieren, das mit einem angemessenen Kosten-Nutzen-Verhältnis angestrebt werden kann. Dabei sind sowohl die Möglichkeiten als auch die Grenzen der Blockchain-Technologie zu beachten. Die relevanten Schritte, die es in diesem Zusammenhang zu beachten gilt, fasst die Studie für die Leser übersichtlich zusammen.
Es wird ebenso auf akute Fragestellungen wie Skalierbarkeit der Blockchain, geeigneter Konsensalgorithmus und Sicherheit eingegangen, darunter verschiedene Arten möglicher Angriffe und die entsprechenden Gegenmaßnahmen zu deren Abwehr. Neue Blockchains etwa laufen Gefahr, geringere Sicherheit zu bieten, da Änderungen an der bereits bestehenden Technologie zu Schutzlücken und Mängeln führen können.
Nach Diskussion der innovativen Eigenschaften und Probleme der Blockchain-Technologie wird auf ihre Umsetzung eingegangen. Interessierten Unternehmen stehen viele Umsetzungsmöglichkeiten zur Verfügung. Die zahlreichen Anwendungen haben entweder eine eigene Blockchain als Grundlage oder nutzen bereits bestehende und weitverbreitete Blockchain-Systeme. Zahlreiche Konsortien und Projekte bieten „Blockchain-as-a-Service“ an und unterstützen andere Unternehmen beim Entwickeln, Testen und Bereitstellen von Anwendungen.
Die Studie gibt einen detaillierten Überblick über zahlreiche relevante Einsatzbereiche und Projekte im Bereich der Blockchain-Technologie. Dadurch, dass sie noch relativ jung ist und sich schnell entwickelt, fehlen ihr noch einheitliche Standards, die Zusammenarbeit der verschiedenen Systeme erlauben und an die sich alle Entwickler halten können. Aktuell orientieren sich Entwickler an Bitcoin-, Ethereum- und Hyperledger-Systeme, diese dienen als Grundlage für viele weitere Blockchain-Anwendungen.
Ziel ist, den Lesern einen klaren und umfassenden Überblick über die Blockchain-Technologie und deren Möglichkeiten zu vermitteln.
Public administrations confront fundamental challenges, including globalization, digitalization, and an eroding level of trust from society. By developing joint public service delivery with other stakeholders, public administrations can respond to these challenges. This increases the importance of inter-organizational governance—a development often referred to as New Public Governance, which to date has not been realized because public administrations focus on intra-organizational practices and follow the traditional “governmental chain.”
E-government initiatives, which can lead to high levels of interconnected public services, are currently perceived as insufficient to meet this goal. They are not designed holistically and merely affect the interactions of public and non-public stakeholders. A fundamental shift toward a joint public service delivery would require scrutiny of established processes, roles, and interactions between stakeholders.
Various scientists and practitioners within the public sector assume that the use of blockchain institutional technology could fundamentally change the relationship between public and non-public stakeholders. At first glance, inter-organizational, joint public service delivery could benefit from the use of blockchain. This dissertation aims to shed light on this widespread assumption. Hence, the objective of this dissertation is to substantiate the effect of blockchain on the relationship between public administrations and non-public stakeholders.
This objective is pursued by defining three major areas of interest. First, this dissertation strives to answer the question of whether or not blockchain is suited to enable New Public Governance and to identify instances where blockchain may not be the proper solution. The second area aims to understand empirically the status quo of existing blockchain implementations in the public sector and whether they comply with the major theoretical conclusions. The third area investigates the changing role of public administrations, as the blockchain ecosystem can significantly increase the number of stakeholders.
Corresponding research is conducted to provide insights into these areas, for example, combining theoretical concepts with empirical actualities, conducting interviews with subject matter experts and key stakeholders of leading blockchain implementations, and performing a comprehensive stakeholder analysis, followed by visualization of its results.
The results of this dissertation demonstrate that blockchain can support New Public Governance in many ways while having a minor impact on certain aspects (e.g., decentralized control), which account for this public service paradigm. Furthermore, the existing projects indicate changes to relationships between public administrations and non-public stakeholders, although not necessarily the fundamental shift proposed by New Public Governance. Lastly, the results suggest that power relations are shifting, including the decreasing influence of public administrations within the blockchain ecosystem. The results raise questions about the governance models and regulations required to support mature solutions and the further diffusion of blockchain for public service delivery.