Computational Governance and Violable Contracts for Blockchain Applications

We propose a sociotechnical, yet computational, approach to building decentralized applications that accommodates and exploits blockchain technology. Our architecture incorporates the notion of a declarative, violable contract and enables flexible governance based on formal organizational structures...

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Bibliographic Details
Published inComputer (Long Beach, Calif.) Vol. 53; no. 1; pp. 53 - 62
Main Authors Singh, Munindar P., Chopra, Amit K.
Format Journal Article
LanguageEnglish
Published New York IEEE 01.01.2020
The Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subjects
Autonomous systems
Blockchain
Blocking
Computer architecture
Contracts
Cryptography
Socio-technical systems
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Summary:We propose a sociotechnical, yet computational, approach to building decentralized applications that accommodates and exploits blockchain technology. Our architecture incorporates the notion of a declarative, violable contract and enables flexible governance based on formal organizational structures, correctness verification without obstructing autonomy, and a basis for trust.
ISSN:0018-9162
1558-0814
DOI:10.1109/MC.2019.2947372