Blockchain Project Initiation and Execution: Decision-making Practices and Perceptions

Bolatzhan Kumalakov, Yassynzhan Shakan

2020

Abstract

Blockchain promises to revolutionise the way data management is perceived by business entities. Nonetheless, we know little of how to decide which data to protect, such that added value exceeds technology introduction and ownership costs. Paper presents our attempt to approach the issue via conducting an international online survey in Kazakhstan, Kyrgyzstan and Russia in late 2018 and early 2019. Paper contributes to the body of knowledge by establishing that up-to-date blockchain introduction is - de facto - an unguided process. Despite multiple efforts to come-up with a decision framework, real-world projects are initiated with little - if any - guidance on potential costs and benefits.

Paper Citation

in Harvard Style

Kumalakov B. and Shakan Y. (2020). Blockchain Project Initiation and Execution: Decision-making Practices and Perceptions.In Proceedings of the 15th International Conference on Software Technologies - Volume 1: ICSOFT, ISBN 978-989-758-443-5, pages 478-483. DOI: 10.5220/0009860604780483

in Bibtex Style

@conference{icsoft20,
author={Bolatzhan Kumalakov and Yassynzhan Shakan},
title={Blockchain Project Initiation and Execution: Decision-making Practices and Perceptions},
booktitle={Proceedings of the 15th International Conference on Software Technologies - Volume 1: ICSOFT,},
year={2020},
pages={478-483},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0009860604780483},
isbn={978-989-758-443-5},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 15th International Conference on Software Technologies - Volume 1: ICSOFT,
TI - Blockchain Project Initiation and Execution: Decision-making Practices and Perceptions
SN - 978-989-758-443-5
AU - Kumalakov B.
AU - Shakan Y.
PY - 2020
SP - 478
EP - 483
DO - 10.5220/0009860604780483