Distributed Ledger Technology (DLT): its evolutionary path and the road ahead

Arif Perdana; Alastair Robb; Vivek Balachandran; Fiona Rohde

Distributed Ledger Technology (DLT): its evolutionary path and the road ahead

Arif Perdana, Alastair Robb, Vivek Balachandran, Fiona Rohde

Research output: Chapter in Book/Report/Conference proceeding › Conference Paper › Other

Abstract

Distributed ledger technology (DLT) has the potential to offer numerous benefits by eliminating third-party intermediaries, helping ensure data integrity and verifiability, and increasing the speed of transactions. While these benefits are generally acknowledged, concerns remain over DLT’s governance, regulation, and legality. By reviewing DLT-related materials, we first investigate DLT’s history of evolving and expanding and analyze the news media content related to DLT. Second, following the Gartner hype cycle stages, we observe how DLT might take the research future. Our sample data for text analysis consisted of 4,701 online English news articles from multiple publishers and countries from 2010 to 2017. This corpus of 3,196,413 words showed that news is crucial to DLT’s growth. This growth is progressive and is thus an attractive, and, perhaps, accessible technology for institutions to further explore and exploit. DLT provides researchers with opportunities warranting further development in the information systems field.

Original language	English
Title of host publication	9th Annual Pre-ICIS Workshop on Accounting Information Systems 2017
Place of Publication	Atlanta Georgia USA
Publisher	Association for Information Systems
Number of pages	46
Publication status	Published - 2017
Externally published	Yes
Event	Annual Pre-ICIS Workshop on Accounting Information Systems 2017 - Seoul, Korea, South Duration: 9 Dec 2017 → 9 Dec 2017 Conference number: 9th http://sigasys.aisnet.org/past_conferences.aspx

Conference

Conference	Annual Pre-ICIS Workshop on Accounting Information Systems 2017
Country/Territory	Korea, South
City	Seoul
Period	9/12/17 → 9/12/17
Internet address	http://sigasys.aisnet.org/past_conferences.aspx

1 Article

Distributed ledger technology: its evolutionary path and the road ahead
Perdana, A., Robb, A., Balachandran, V. & Rohde, F., Apr 2021, In: Information and Management. 58, 3, 15 p., 103316.
Research output: Contribution to journal › Article › Research › peer-review

46 Citations (Scopus)

Cite this

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title = "Distributed Ledger Technology (DLT): its evolutionary path and the road ahead",

abstract = "Distributed ledger technology (DLT) has the potential to offer numerous benefits by eliminating third-party intermediaries, helping ensure data integrity and verifiability, and increasing the speed of transactions. While these benefits are generally acknowledged, concerns remain over DLT{\textquoteright}s governance, regulation, and legality. By reviewing DLT-related materials, we first investigate DLT{\textquoteright}s history of evolving and expanding and analyze the news media content related to DLT. Second, following the Gartner hype cycle stages, we observe how DLT might take the research future. Our sample data for text analysis consisted of 4,701 online English news articles from multiple publishers and countries from 2010 to 2017. This corpus of 3,196,413 words showed that news is crucial to DLT{\textquoteright}s growth. This growth is progressive and is thus an attractive, and, perhaps, accessible technology for institutions to further explore and exploit. DLT provides researchers with opportunities warranting further development in the information systems field.",

author = "Arif Perdana and Alastair Robb and Vivek Balachandran and Fiona Rohde",

year = "2017",

language = "English",

booktitle = "9th Annual Pre-ICIS Workshop on Accounting Information Systems 2017",

publisher = "Association for Information Systems",

address = "United States of America",

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T1 - Distributed Ledger Technology (DLT)

T2 - Annual Pre-ICIS Workshop on Accounting Information Systems 2017

AU - Perdana, Arif

AU - Robb, Alastair

AU - Balachandran, Vivek

AU - Rohde, Fiona

N1 - Conference code: 9th

PY - 2017

Y1 - 2017

N2 - Distributed ledger technology (DLT) has the potential to offer numerous benefits by eliminating third-party intermediaries, helping ensure data integrity and verifiability, and increasing the speed of transactions. While these benefits are generally acknowledged, concerns remain over DLT’s governance, regulation, and legality. By reviewing DLT-related materials, we first investigate DLT’s history of evolving and expanding and analyze the news media content related to DLT. Second, following the Gartner hype cycle stages, we observe how DLT might take the research future. Our sample data for text analysis consisted of 4,701 online English news articles from multiple publishers and countries from 2010 to 2017. This corpus of 3,196,413 words showed that news is crucial to DLT’s growth. This growth is progressive and is thus an attractive, and, perhaps, accessible technology for institutions to further explore and exploit. DLT provides researchers with opportunities warranting further development in the information systems field.

AB - Distributed ledger technology (DLT) has the potential to offer numerous benefits by eliminating third-party intermediaries, helping ensure data integrity and verifiability, and increasing the speed of transactions. While these benefits are generally acknowledged, concerns remain over DLT’s governance, regulation, and legality. By reviewing DLT-related materials, we first investigate DLT’s history of evolving and expanding and analyze the news media content related to DLT. Second, following the Gartner hype cycle stages, we observe how DLT might take the research future. Our sample data for text analysis consisted of 4,701 online English news articles from multiple publishers and countries from 2010 to 2017. This corpus of 3,196,413 words showed that news is crucial to DLT’s growth. This growth is progressive and is thus an attractive, and, perhaps, accessible technology for institutions to further explore and exploit. DLT provides researchers with opportunities warranting further development in the information systems field.

M3 - Conference Paper

BT - 9th Annual Pre-ICIS Workshop on Accounting Information Systems 2017

PB - Association for Information Systems

CY - Atlanta Georgia USA

Y2 - 9 December 2017 through 9 December 2017

ER -

Distributed Ledger Technology (DLT): its evolutionary path and the road ahead

Abstract

Conference

Research output

Distributed ledger technology: its evolutionary path and the road ahead

Cite this