The nexus of blockchain and governance: A use case of blockchain on trade finance (original) (raw)

Having both opportunities and threats, blockchain is a game-changer disruptive innovation in our time. It keeps penetrating a wide scope of areas including banking, insurance, supply chain, trade finance, agriculture, etc. We explore this multifaceted technology as the first building block of our study. As a second building block, we focus on the governance concept and then we analyze the nexus of blockchain and governance. Our study contributes to the extant scarce literature by covering the recent developments on the subject. Following Liu, Lu, Yu, Paik, and Zhu (2022) we conduct our study through several steps. The literature review of our study is based on Web of Science and Google Scholar academic databases. Studies are selected according to the predefined inclusion and exclusion criteria. The review period of the study is the last five years. According to our analysis, we detect a literature gap between on-chain and off-chain governance. We believe our study contributes to fil...