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Distributed Ledger Technology Systems. A Conceptual Framework

Author

Listed:
  • Michel Rauchs

    (University of Cambridge)

  • Andrew Glidden

    (University of California, Berkeley)

  • Brian Gordon

    (University of Utah)

  • Gina Pieters

    (University of Chicago)

  • Martino Recanatini

    (University of Cambridge)

  • Francois Rostand

    (University of Cambridge)

  • Kathryn Vagneur

    (University of Cambridge)

  • Bryan Zhang

    (University of Cambridge)

Abstract

The DLT ecosystem is plagued with the use of incomplete and inconsistent definitions and a lack of standardised terminology, creating a needlessly complicated landscape for everyone from experienced policymakers and developers to individuals venturing into the field for the first time. This study sets out to contribute to international discussions to create a shared, common language around DLT systems to clarify terminology and concepts.

Suggested Citation

  • Michel Rauchs & Andrew Glidden & Brian Gordon & Gina Pieters & Martino Recanatini & Francois Rostand & Kathryn Vagneur & Bryan Zhang, 2018. "Distributed Ledger Technology Systems. A Conceptual Framework," Cambridge Centre for Alternative Finance Reports 201810-dlts, Cambridge Centre for Alternative Finance, Cambridge Judge Business School, University of Cambridge.
    • Handle: RePEc:jbs:altfin:201810-dlts
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    References listed on IDEAS

    as
    1. Lin William Cong & Zhiguo He, 2019. "Blockchain Disruption and Smart Contracts," The Review of Financial Studies, Society for Financial Studies, vol. 32(5), pages 1754-1797.
    2. Ruttenberg, Wiebe & Pinna, Andrea, 2016. "Distributed ledger technologies in securities post-trading - Revolution or evolution?," Occasional Paper Series 172, European Central Bank.
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    Cited by:

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    2. Oyebanjo Ogunlela & Ojugbele Olabode & Tengeh Robertson, 2021. "Blockchain technology as a panacea for procurement corruption in digital era," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 10(4), pages 311-320, June.
    3. Alastair Berg & Chris Berg & Mikayla Novak, 2020. "Blockchains and constitutional catallaxy," Constitutional Political Economy, Springer, vol. 31(2), pages 188-204, June.
    4. Joo, Mingyu & Kim, Seung Hyun & Ghose, Anindya & Wilbur, Kenneth C., 2023. "Designing Distributed Ledger technologies, like Blockchain, for advertising markets," International Journal of Research in Marketing, Elsevier, vol. 40(1), pages 12-21.
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    7. Niloofar Etemadi & Pieter Van Gelder & Fernanda Strozzi, 2021. "An ISM Modeling of Barriers for Blockchain/Distributed Ledger Technology Adoption in Supply Chains towards Cybersecurity," Sustainability, MDPI, vol. 13(9), pages 1-28, April.
    8. Dounia Marbouh & Mecit Can Emre Simsekler & Khaled Salah & Raja Jayaraman & Samer Ellahham, 2022. "A Blockchain-Based Regulatory Framework for mHealth," Data, MDPI, vol. 7(12), pages 1-22, December.
    9. Pólvora, Alexandre & Nascimento, Susana & Lourenço, Joana S. & Scapolo, Fabiana, 2020. "Blockchain for industrial transformations: A forward-looking approach with multi-stakeholder engagement for policy advice," Technological Forecasting and Social Change, Elsevier, vol. 157(C).
    10. Marlene Amstad, 2019. "Regulating Fintech: Objectives, Principles, and Practices," ADBI Working Papers 1016, Asian Development Bank Institute.
    11. Stefan Seebacher & Ronny Schüritz & Gerhard Satzger, 2021. "Towards an understanding of technology fit and appropriation in business networks: evidence from blockchain implementations," Information Systems and e-Business Management, Springer, vol. 19(1), pages 183-204, March.
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    13. Stephen McKeon & Derek Edward Schloss, 2021. "Law and Blockchains," Springer Books, in: Raghavendra Rau & Robert Wardrop & Luigi Zingales (ed.), The Palgrave Handbook of Technological Finance, pages 311-335, Springer.
    14. Sajad Ebrahimi & Jing Chen & Raj Bridgelall & Joseph Szmerekovsky & Jaideep Motwani, 2025. "Unlocking the Commercialization of SAF Through Integration of Industry 4.0: A Technological Perspective," Sustainability, MDPI, vol. 17(16), pages 1-44, August.
    15. Goran Bjelobaba & Marija Paunovic & Ana Savic & Hana Stefanovic & Jelena Doganjic & Zivanka Miladinovic Bogavac, 2022. "Blockchain Technologies and Digitalization in Function of Student Work Evaluation," Sustainability, MDPI, vol. 14(9), pages 1-22, April.
    16. Sabrina Leo & Ida Claudia Panetta & Andrea Delle Foglie & Luca Barbaro & Edoardo Marangone & Claudio Di Ciccio, 2026. "BLINK: Blockchain-Linked network for credit guarantee institutions," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 12(1), pages 1-29, December.
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