IDEAS home Printed from https://ideas.repec.org/a/gam/jadmsc/v12y2022i3p96-d880384.html
   My bibliography  Save this article

Blockchain Technology and Smart Contracts in Decentralized Governance Systems

Author

Listed:
  • Adam P. Balcerzak

    (Department of Market and Consumption, University of Warmia and Mazury in Olsztyn, 10-720 Olsztyn, Poland
    Department of Entrepreneurship and Management, University of Entrepreneurship and Law, 150 00 Praha, Czech Republic)

  • Elvira Nica

    (Department of Administration and Public Management, The Bucharest University of Economic Studies, 010371 Bucharest, Romania)

  • Elżbieta Rogalska

    (Department of Theory of Economics, University of Warmia and Mazury in Olsztyn, 10-720 Olsztyn, Poland)

  • Miloš Poliak

    (Department of Economics, University of Žilina, 01026 Žilina, Slovakia)

  • Tomáš Klieštik

    (Department of Economics, University of Žilina, 01026 Žilina, Slovakia)

  • Oana-Matilda Sabie

    (Department of Administration and Public Management, The Bucharest University of Economic Studies, 010371 Bucharest, Romania)

Abstract

The aim of our systematic review was to inspect the recently published literature on decentralized governance systems and integrate the insights it articulates on blockchain technology and smart contracts by employing Preferred Reporting Items for Systematic Reviews and Meta-analysis (PRISMA) guidelines. Throughout January and May 2022, a quantitative literature review of ProQuest, Scopus, and the Web of Science databases was carried out, with search terms including “city” + “blockchain technology”, “smart contracts”, and “decentralized governance systems”. As the analyzed research studies were published between 2016 and 2022, only 371 sources satisfied the eligibility criteria. A Shiny app was harnessed for the PRISMA flow diagram to include evidence-based acquired and handled data. Analyzing the most recent and relevant sources and leveraging screening and quality assessment tools such as AMSTAR, Dedoose, Distiller SR, ROBIS, and SRDR, we integrated the core outcomes and robust correlations related to smart urban governance. As data visualization tools, for initial bibliometric mapping dimensions were harnessed, together with layout algorithms provided by VOSviewer. Future research should investigate smart contract governance of blockchain applications and infrastructure using decision-making tools and spatial cognition algorithms.

Suggested Citation

  • Adam P. Balcerzak & Elvira Nica & Elżbieta Rogalska & Miloš Poliak & Tomáš Klieštik & Oana-Matilda Sabie, 2022. "Blockchain Technology and Smart Contracts in Decentralized Governance Systems," Administrative Sciences, MDPI, vol. 12(3), pages 1-16, August.
    • Handle: RePEc:gam:jadmsc:v:12:y:2022:i:3:p:96-:d:880384
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2076-3387/12/3/96/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2076-3387/12/3/96/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Magdalena Kachniewska, 2020. "Boundary conditions for the implementation of smart management systems in tourist destinations," International Entrepreneurship Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 6(4), pages 35-50.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Tomas Kliestik & Marek Nagy & Katarina Valaskova, 2023. "Global Value Chains and Industry 4.0 in the Context of Lean Workplaces for Enhancing Company Performance and Its Comprehension via the Digital Readiness and Expertise of Workforce in the V4 Nations," Mathematics, MDPI, vol. 11(3), pages 1-21, January.
    2. Quanpeng Chen & Xiaogang Chen, 2023. "Blockchain-Enabled Supply Chain Internal and External Finance Model," Sustainability, MDPI, vol. 15(15), pages 1-33, July.
    3. Elvira Nica & Gheorghe H. Popescu & Milos Poliak & Tomas Kliestik & Oana-Matilda Sabie, 2023. "Digital Twin Simulation Tools, Spatial Cognition Algorithms, and Multi-Sensor Fusion Technology in Sustainable Urban Governance Networks," Mathematics, MDPI, vol. 11(9), pages 1-25, April.
    4. Balcerzak, Adam P. & Zinecker, Marek & Skalický, Roman & Rogalska, Elżbieta & Doubravský, Karel, 2023. "Technology-oriented start-ups and valuation: A novel approach based on specific contract terms," Technological Forecasting and Social Change, Elsevier, vol. 197(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.

      Corrections

      All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jadmsc:v:12:y:2022:i:3:p:96-:d:880384. See general information about how to correct material in RePEc.

      If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

      If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

      If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

      For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

      Please note that corrections may take a couple of weeks to filter through the various RePEc services.

      IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.