Research paper

Blockchain to Rule the Waves - Nascent Design Principles for Reducing Risk and Uncertainty in Decentralized Environments

Through a bill-of-lading use case, the paper presents first evidence for four nascent design principles - digitization, tamper-proof storage, accessibility, and user authentication - that mitigate transactional risk and uncertainty in decentralized environments.

PaperOpen source resource ↗

Overview

Publication metadata and narrative from the current library record.

Authors: Kristoffer Naerland, Christoph Mueller-Bloch, Roman Beck, Soren Palmund
Year: 2017
Venue: ICIS 2017 Proceedings
Methodology: Design science research; use-case-driven prototype; industry-expert feedback; theory generation.

bill-of-ladingblockchaindesign-science-researchinternational-traderiskrule-the-waves-shippingshipping

Blockchain to Rule the Waves - Nascent Design Principles for Reducing Risk and Uncertainty in Decentralized Environments

Authors: Kristoffer Naerland, Christoph Mueller-Bloch, Roman Beck, Soren Palmund
Venue: ICIS 2017 Proceedings
Link: https://aisel.aisnet.org/icis2017/HCI/Presentations/12 (opens in a new tab)

Summary

Artifact

A blockchain prototype (bill of lading) for reducing transactional risk and uncertainty in international trade.

Methodology

Design science research; use-case-driven prototype; industry-expert feedback; theory generation.

Citations

[1] Kristoffer Naerland, Christoph Mueller-Bloch, Roman Beck, Soren Palmund. Blockchain to Rule the Waves - Nascent Design Principles for Reducing Risk and Uncertainty in Decentralized Environments. ICIS 2017 Proceedings. https://aisel.aisnet.org/icis2017/HCI/Presentations/12 (opens in a new tab) [2] Source document: Blockchain to Rule the Waves - Nascent Design Principles for Reducing Risk and Uncertainty.pdf

DSR grid

Six dimensions represented in the current paper record.

Problem description

Reducing transactional risk and uncertainty in decentralized international-trade environments, illustrated with a bill-of-lading use case.

Input knowledge

Simon's sciences of the artificial (problem-solving); the existing knowledge base and data; blockchain - explicitly deriving nascent insights rather than following a single kernel theory.

Research process

Design science research: a use-case-driven prototype, industry-expert feedback, and theory generation (empirical grounding of nascent principles).

Key concepts

Blockchain, bill of lading, international trade, decentralized environments.

Solution description

A blockchain bill-of-lading prototype embodying four nascent design principles. Solution-space representation: Instantiation (prototype) plus nascent design principles.

Output knowledge

Four nascent design principles: digitization, tamper-proof storage, accessibility and user authentication.

Design knowledge

Directly linked concepts, grouped by their represented design-knowledge category.

Design Principle

Design Principle4

Design Principle

design-knowledge/rule-the-waves-shipping-dp1

DP1 - Digitization

All data is stored and exchanged digitally, reducing the likelihood of data loss and enabling faster, more cost-effective information exchange as well as the use of blockchain technology.

bill-of-ladingdesign-principleinternational-traderisk+2

Design Principle

design-knowledge/rule-the-waves-shipping-dp2

DP2 - Tamper-proof storage

All changes made to the data stored in the system can be retraced, so that information cannot be lost and (together with user authentication) all changes can be traced to identifiable users.

bill-of-ladingdesign-principleinternational-traderisk+2

Design Principle

design-knowledge/rule-the-waves-shipping-dp3

DP3 - Accessibility

The system can be accessed easily even by technically non-sophisticated stakeholders.

bill-of-ladingdesign-principleinternational-traderisk+2

Design Principle

design-knowledge/rule-the-waves-shipping-dp4

DP4 - User authentication

All activities in the system can be traced back to certain users.

bill-of-ladingdesign-principleinternational-traderisk+2

Paper design map

The default semantic design map canonicalizes stored design relationships; Raw links retains the complete technical Markdown-link view.

Design-knowledge map

4 stored concepts / 0 canonical semantic relationships

Concept types

Show relationship labels

Publication metadata

Additional metadata represented in the current library record.

Show additional metadata

{
  "type": "paper",
  "title": "Blockchain to Rule the Waves - Nascent Design Principles for Reducing Risk and Uncertainty in Decentralized Environments",
  "description": "Through a bill-of-lading use case, the paper presents first evidence for four nascent design principles - digitization, tamper-proof storage, accessibility, and user authentication - that mitigate transactional risk and uncertainty in decentralized environments.",
  "resource": "https://aisel.aisnet.org/icis2017/HCI/Presentations/12",
  "authors": "Kristoffer Naerland, Christoph Mueller-Bloch, Roman Beck, Soren Palmund",
  "year": 2017,
  "venue": "ICIS 2017 Proceedings",
  "methodology": "Design science research; use-case-driven prototype; industry-expert feedback; theory generation.",
  "dsr_grid": true,
  "dsr_solution_space": "Instantiation (prototype) plus nascent design principles.",
  "tags": [
    "rule-the-waves-shipping",
    "shipping",
    "international-trade",
    "risk",
    "bill-of-lading",
    "design-science-research",
    "blockchain"
  ]
}

Citations

[1] Kristoffer Naerland, Christoph Mueller-Bloch, Roman Beck, Soren Palmund. Blockchain to Rule the Waves - Nascent Design Principles for Reducing Risk and Uncertainty in Decentralized Environments. ICIS 2017 Proceedings. https://aisel.aisnet.org/icis2017/HCI/Presentations/12 [2] Source document: Blockchain to Rule the Waves - Nascent Design Principles for Reducing Risk and Uncertainty.pdf

{ "type": "paper", "title": "Blockchain to Rule the Waves - Nascent Design Principles for Reducing Risk and Uncertainty in Decentralized Environments", "description": "Through a bill-of-lading use case, the paper presents first evidence for four nascent design principles - digitization, tamper-proof storage, accessibility, and user authentication - that mitigate transactional risk and uncertainty in decentralized environments.", "resource": "https://aisel.aisnet.org/icis2017/HCI/Presentations/12", "authors": "Kristoffer Naerland, Christoph Mueller-Bloch, Roman Beck, Soren Palmund", "year": 2017, "venue": "ICIS 2017 Proceedings", "methodology": "Design science research; use-case-driven prototype; industry-expert feedback; theory generation.", "dsr_grid": true, "dsr_solution_space": "Instantiation (prototype) plus nascent design principles.", "tags": [ "rule-the-waves-shipping", "shipping", "international-trade", "risk", "bill-of-lading", "design-science-research", "blockchain" ] }