The Institutional Landscape of Blockchain Governance. A Taxonomy for Incorporation at the Nation State

• Main Authors: Renny Rueda, Eldar Šaljić, Duško Tomić
• Format: Article
• Language: English
• Published: UIKTEN 2020-02-01
• Series: TEM Journal
• Subjects: blockchain; nation-state; democracy; governance; security
• Online Access: http://www.temjournal.com/content/91/TEMJournalFebruary2020_181_187.pdf

Research on how to implement blockchain technology within governance has avoided to further explore on the possibilities of the technology to replace standard nation state architectures. This in turn has created a wave of technological questions directed to better enforce decentralization and security within the popular networks, rather than proposing normative possibilities to be implemented into the institutional framework of the state. This article addresses this issue by analyzing a set of functional areas with the aim of replacing processes, institutions and actors that are often considered as part of the modern bureaucratic nation state. It also drafts functional concepts and recommendations on security issues that should be addressed in any attempt to implement blockchain solutions at the national level.