Governance Structure for Blockchain Networks

Flashcards about Blockchain Networks

Governance

Rules of engagement for greater good and fairness in any system, and coordinated decision making.

Simplified Governance Framework

A framework that encompasses principles of game theory, incentives, penalties, flexibility, delegation, and network mechanisms of coordination, using blockchain technology to trust networks.

Technology Infrastructure Governance

Focuses on IT infrastructures, performance, cost structures, technology, and business risks, ensuring organizational alignment of business strategy with technology infrastructure and services.

IT Infrastructure Governance

Collaborative tools, processes, and methodologies intended to ensure organizational alignment of the business strategy with the technology infrastructure and services.

Network Governance in Blockchain

organic network composed of ecosystem players with varied business interests, requiring a balance of smooth business operation and enforcement of engagement rules.

Business Network Governance

Governance model that is industry- and use case-specific, accounting for various facets of the industry and its evolution.

Shared Governance

A business activity that collectively represents an industry to external ecosystems.

Co-creation

Brings different parties together to jointly produce a mutually valued outcome.

Off-chain Governance

Managing governance rules and policies outside the blockchain, implementing them after review and approval.

On-chain Governance

Managing governance policies and rules using smart contracts and consensus algorithms within the blockchain.

SCTrustNet

A supply chain network intended to bring end-to-end visibility, trust, transparency, and transformation to a consortium-led business model.