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Do Not Be Fooled: Toward a Holistic Comparison of Distributed Ledger Technology Designs

Gräbe, Florian; Kannengießer, Niclas; Lins, Sebastian; Sunyaev, Ali

Abstract:
Distributed Ledger Technology (DLT) enables a new way of inter-organizational collaboration via a shared and distributed infrastructure. There are plenty of DLT designs (e.g., Ethereum, IOTA), which differ in their capabilities to meet use case requirements. A structured comparison of DLT designs is required to support the selection of an appropriate DLT design. However, existing criteria and processes are abstract or not suitable for an in-depth comparison of DLT designs. We select and operationalize DLT characteristics relevant for a comprehensive comparison of DLT designs. Furthermore, we propose a comparison process , which enables the structured comparison of a set of DLT designs according to application requirements. The proposed process is validated with a use case analysis of three use cases. We contribute to research and practice by introducing ways to operation-alize DLT characteristics and generate a process to compare different DLT designs according to their suit-ability in a use case.

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Originalveröffentlichung
DOI: 10.24251/HICSS.2020.770
Zugehörige Institution(en) am KIT Institut für Angewandte Informatik und Formale Beschreibungsverfahren (AIFB)
Publikationstyp Proceedingsbeitrag
Publikationsjahr 2020
Sprache Englisch
Identifikator ISBN: 978-0-9981331-3-3
KITopen-ID: 1000125321
Erschienen in Hawaii International Conference on System Sciences 2020, Maui, Hawaii, January 7 - 10, 2020
Veranstaltung 53rd Hawaii International Conference on System Sciences (HICSS 2020), Grand Wailea, Maui, Hawaii, 07.01.2020 – 10.01.2020
Verlag ScholarSpace, Honolulu
Vorab online veröffentlicht am 07.01.2020
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