Responsible Blockchain: STEADI Principles and the Actor-Network Theory-based Development Methodology (ANT-RDM)
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arXiv
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| Hauptverfasser: | , , |
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| Format: | Preprint |
| Veröffentlicht: |
2024
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| _version_ | 1866914945948450816 |
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| author | Li, Yibai Gomaa, Ahmed Li, Xiaobing |
| author_facet | Li, Yibai Gomaa, Ahmed Li, Xiaobing |
| contents | This paper provides a comprehensive analysis of the challenges and controversies associated with blockchain technology. It identifies technical challenges such as scalability, security, privacy, and interoperability, as well as business and adoption challenges, and the social, economic, ethical, and environmental controversies present in current blockchain systems. We argue that responsible blockchain development is key to overcoming these challenges and achieving mass adoption. This paper defines Responsible Blockchain and introduces the STEADI principles (sustainable, transparent, ethical, adaptive, decentralized, and inclusive) for responsible blockchain development. Additionally, it presents the Actor-Network Theory-based Responsible Development Methodology (ANT-RDM) for blockchains, which includes the steps of problematization, interessement, enrollment, and mobilization. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2409_06179 |
| institution | arXiv |
| publishDate | 2024 |
| record_format | arxiv |
| spellingShingle | Responsible Blockchain: STEADI Principles and the Actor-Network Theory-based Development Methodology (ANT-RDM) Li, Yibai Gomaa, Ahmed Li, Xiaobing Multiagent Systems Cryptography and Security Distributed, Parallel, and Cluster Computing 93A16 K.6 This paper provides a comprehensive analysis of the challenges and controversies associated with blockchain technology. It identifies technical challenges such as scalability, security, privacy, and interoperability, as well as business and adoption challenges, and the social, economic, ethical, and environmental controversies present in current blockchain systems. We argue that responsible blockchain development is key to overcoming these challenges and achieving mass adoption. This paper defines Responsible Blockchain and introduces the STEADI principles (sustainable, transparent, ethical, adaptive, decentralized, and inclusive) for responsible blockchain development. Additionally, it presents the Actor-Network Theory-based Responsible Development Methodology (ANT-RDM) for blockchains, which includes the steps of problematization, interessement, enrollment, and mobilization. |
| title | Responsible Blockchain: STEADI Principles and the Actor-Network Theory-based Development Methodology (ANT-RDM) |
| topic | Multiagent Systems Cryptography and Security Distributed, Parallel, and Cluster Computing 93A16 K.6 |
| url | https://arxiv.org/abs/2409.06179 |