Trinh NGUYEN-PHAN
University of British Columbia, 1961 E Mall, Vancouver, V6T 1Y3, Canada
Tel.: (604) 822-2404, E-mail: trinh@student.ubc.ca
Received: 31 July 2023 Accepted: 1 September 2013 Published: 11 September 2023
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Abstract: Blockchain governance has received increasing attention from academic and professional communities. A growing research stream in blockchain governance is the discrepancy between blockchain technology and the General Data Protection Regulation (GDPR). These incompatibilities are often framed as technical or regulatory issues. The subsequent solutions appear, therefore, to be technically remedial but are deficient in their conceptual foundation. Using the three-layer theory of blockchain and the critical interpretive synthesis (CIS) method to survey the literature on blockchain governance and information governance (IG), this study presents three insights. First, the socio-technical perspective dominates blockchain governance research, marginalizing the informational viewpoint and its associated concerns. Second, blockchain systems have an IG dilemma: disrupting the current informational structure via decentralization, disintermediation, and resilience or complying with the traditional requirement of centralized accountability and control. Emphasizing either will be consequential to the development and adoption of the technology. This leads to the third observation that IG is essential to blockchain governance. IG deserves, consequently, more visibility as it informs the technical configuration and adjusts the social expectation of blockchain-dependent systems. More exchange between informational and blockchain professionals fosters an understanding of IG, its principles, and the balance between disruption and compliance.
Keywords: Blockchain, Blockchain governance, Information governance, GDPR, Compliance, GARP, IG principles
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