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Addressing the Feasibility, Suitability, and Sustainability of the Blockchain

Addressing the Feasibility, Suitability, and Sustainability of the Blockchain
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Author(s): Renaud Redien-Collot (Institut Friedland, France)
Copyright: 2019
Pages: 13
Source title: Business Transformations in the Era of Digitalization
Source Author(s)/Editor(s): Karim Mezghani (Al Imam Mohammad Ibn Saud Islamic University, Saudi Arabia & University of Sfax, Tunisia)and Wassim Aloulou (Al Imam Mohammad Ibn Saud Islamic University, Saudi Arabia & University of Sfax, Tunisia)
DOI: 10.4018/978-1-5225-7262-6.ch002

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Abstract

This chapter applies stakeholder theory in order to evaluate whether a blockchain community is demonstrating a communicational maturity in order to achieve its technical, social, and political agenda. The consistence of the mission of an organization or a community is clearly reflected in the eyes of its stakeholders. Therefore, the study adopts a qualitative lens in conducting 11 semi-structured interviews with experts that are prominent international stakeholders of the blockchain in order to gain a deeper understanding of their internalized perception about this technology and its social network. According to the results, the blockchain community members are ready to address the feasibility of their technology and its implications. They also address some aspects of the social suitability of their network. However, they do not fix clear conditions of communication and coordination to discuss the sustainability of the whole organization.

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