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Full-Text Articles in Business
Consortium Capabilities For Enterprise Blockchain Success, Matt Kaufman, Stanton Heister, Kristi Yuthas
Consortium Capabilities For Enterprise Blockchain Success, Matt Kaufman, Stanton Heister, Kristi Yuthas
Business Faculty Publications and Presentations
Enterprise blockchain projects have great promise. They can cut costs and promote efficiency through disintermediation, increase transparency for tracking intercompany transactions, expand knowledge through consortia databases, and improve workflows through shared business processes. Despite its potential, blockchain technology has failed to produce promised benefits for enterprise networks. While the underlying technology has advanced rapidly, managerial capabilities needed to form and manage blockchain consortia have lagged, and as a result, few consortia have succeeded. This chapter reviews the extant literature on blockchain consortia and provides a framework that identifies (1) foundational conditions that precede effective consortium formation, (2) capabilities required for …
How Blockchain And Ai Enable Personal Data Privacy And Support Cybersecurity, Stanton Heister, Kristi Yuthas
How Blockchain And Ai Enable Personal Data Privacy And Support Cybersecurity, Stanton Heister, Kristi Yuthas
Business Faculty Publications and Presentations
Recent increases in security breaches and digital surveillance highlight the need for improved privacy and security, particularly over users’ personal data. Advances in cybersecurity and new legislation promise to improve data protection. Blockchain and distributed ledger technologies provide novel opportunities for protecting user data through decentralized identity and other privacy mechanisms. These systems can allow users greater sovereignty through tools that enable them to own and control their own data. Artificial intelligence provides further possibilities for enhancing system and user security, enriching data sets, and supporting improved analytical models.