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Digitalization

Master's Thesis on Distributed Ledger Technology and Blockchain in Emerging Countries

Friday, 05. January 2018

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The technology of Blockchain was recently listed as one of the top ten emerging digital innovation by the OECD. The underlying concept of Blockchain is a distributed database recording every transaction simultaneously in so-called blocks that are immutably interconnected Thus it is a transparent and permanent database coexisting in multiple locations of the Blockchains’ participants ideally independent from a central intermediary.

This decentralized infrastructure has the potential to increase resilience against fraud and boost trust in an economy. The most popular Blockchain use case is currently Bitcoin. However, the prospective innovative and economic impact goes far beyond the financial industry. Smart Contracts to leverage the Internet of Things, Digital asset storage and (public) record keeping (certificates, IP etc.) are only a selection of promising applications for e.g. governments, innovators and corporations.

Potential Master Theses should analyze the disruptive character, this technology has on innovation systems, organizations, institutions and industries particularly in emerging countries and deduce  implications for policy makers. A structured analysis of business models based on a business model taxonomy could be an analytical approach.

Introductory Literature
Harvard Business Review (2017): How Blockchain Could Help Emerging Markets Leap Ahead, hbr.org/2017/05/how-blockchain-could-help-emerging-markets-leap-ahead
Yli-Huumo J, Ko D, Choi S, Park S, Smolander K (2016) Where Is Current Research on Blockchain Technology - Systematic Review. PLoS ONE 11(10)
Pilkington, Marc (2015) Blockchain Technology: Principles and Applications, Research Handbook on Digital Transformations, edited by  F. Xavier Olleros and Majlinda Zhegu. Edward Elgar, ssrn.com/abstract=2662660
Satoshi Nakamoto. (2008) Bitcoin: A Peer-to-Peer Electronic Cash System, https://bitcoin.org/bitcoin.pd


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