Blockchain and Cryptocurrency

Vol. 1, Issue 1, September 2023, pp. 18-35

1,* Dominik BONS, 1 Patrick KEITZL, 2 Holger SCHULZ, 1 Patrick STUCKMANN-BLUMENSTEIN, 3 Tan GÜRPINAR and 2 Sebastian BRÜNING

1TU Dortmund University, Chair of Enterprise Logistics,
5 Leonhard-Euler-Str., 44227 Dortmund, Germany

2Fraunhofer Institute for Material Flow and Logistics IML,
2-4 Joseph-von-Fraunhofer-Str., 44227 Dortmund, Germany

3Quinnipiac University, Business Analytics and Information Systems, 275 Mount Carmel Ave , 06518 Hamden, CT, USA
* Tel.: +49 (231) 755-5775, E-Mail:

Received: 27 June 2023 Accepted: 15 August 2023 Published: 11 September 2023


Abstract: Blockchain governance is a pivotal subject of interest in both academic research and practical applications, particularly for companies endeavoring to establish and maintain successful blockchain consortia. Despite its significance, the dearth of comprehensive guidance poses challenges for companies striving to build and manage blockchain networks while incorporating diverse influences from various governance theories. This paper addresses this gap by presenting a taxonomy that offers a fully encompassing overview of the multifaceted aspects surrounding the establishment of enterprise blockchain consortia. To achieve this objective, we conducted a systematic literature review to identify pertinent themes and insights related to blockchain governance. Subsequently, the findings were further enriched through in-depth interviews with experts entrenched in the blockchain ecosystem. Lastly, the resulting taxonomy was subject to validation through a comprehensive survey. The taxonomy goes beyond the predominantly technical-focused discussions of blockchain governance and extends them to encompass the broader dimensions of administrative, organizational, economic and legal perspectives. By incorporating these multifaceted dimensions, our taxonomy aims to provide a holistic understanding of the intricate governance considerations inherent in forming and managing sustainable blockchain consortia in enterprise settings. We expect our contribution to serve as a valuable resource for companies aiming to navigate the complexities of blockchain governance and foster the success of their consortium endeavors.

Keywords: Blockchain governance, Enterprise consortia, Systematic literature review, Taxonomy development, Blockchain governance taxonomy, Blockchain governance dimensions, Blockchain governance topics


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