Skip to main content

Messy

  • Chapter
  • First Online:
UnBlock the Blockchain
  • 998 Accesses

Abstract

Applicability of blockchain is massive in business contexts, but the value comes through addressing the two core elements—technology and management of the blockchain. In this chapter, readers will get to know the impeccable capability of the blockchain to reduce messiness—transaction and agency costs—and to manage applications portfolios.

Ideally, the two structures—hierarchy, and relationship structure wrap around each other to ensure responsibility, to keep information flow and the creation of power.

―Pearl Zhu, Digital Maturity: Take a Journey of a Thousand Miles from Functioning to Delight

I am wary of the whole dreary deadening structured mess that we have built into such a glittering top-heavy structure that there is nothing left to see but the glitter, and the brute routines of maintaining it.

―John D. MacDonald, The Deep Blue Good-By

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 159.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  • Aljazzaf, Z. M., Perry, M., & Capretz, M. A. (2010). Online trust: Definition and principles. In 2010 Fifth International Multi-conference on Computing in the Global Information Technology (ICCGI) (pp. 163–168). IEEE.

    Google Scholar 

  • Coase, R. H. (1937). The nature of the Firm. Economica.

    Google Scholar 

  • Fehrer, J. A., Benoit, S., Aksoy, L., Baker, T. L., Bell, S. J., Brodie, R. J., et al. (2018). Future scenarios of the collaborative economy: Centrally orchestrated, social bubbles or decentralized autonomous? Journal of Service Management, 29(5), 859–882.

    Article  Google Scholar 

  • Grandison, T., & Sloman, M. (2000). A Survey of trust in internet applications.  IEEE Communications Surveys & Tutorials, 3(4):2–16.

    Google Scholar 

  • Iansiti, M., & Lakhani, K. R. (2017). The truth about blockchain. Harvard Management Review.

    Google Scholar 

  • Jensen, M., & Meckling, W. (1976). Theory of the firm: Managerial behavior, agency cost, and ownership structure. Journal of Financial Economics, 3, 305–360.

    Article  Google Scholar 

  • Jøsang, A., Ismail, R., & Boyd, C. (2007). A survey of trust and reputation systems for online service provision. Decision Support Systems, 43, 618–644.

    Article  Google Scholar 

  • Weber, R. H. (2017). Blockchain as a legal challenge. Jusletter IT, (May) Retrieved from www.scopus.com.

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Nitin Upadhyay .

Rights and permissions

Reprints and permissions

Copyright information

© 2019 Springer Nature Singapore Pte Ltd.

About this chapter

Check for updates. Verify currency and authenticity via CrossMark

Cite this chapter

Upadhyay, N. (2019). Messy. In: UnBlock the Blockchain. Springer, Singapore. https://doi.org/10.1007/978-981-15-0177-7_3

Download citation

  • DOI: https://doi.org/10.1007/978-981-15-0177-7_3

  • Published:

  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-15-0176-0

  • Online ISBN: 978-981-15-0177-7

  • eBook Packages: Computer ScienceComputer Science (R0)

Publish with us

Policies and ethics