Blockchain Technology and Smart Contracts in Decentralized Governance Systems

Adam P. Balcerzak, Elvira Nica, Elżbieta Rogalska, Miloš Poliak, Tomas Kliestik and Oana-Matilda Sabie
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Adam P. Balcerzak: Department of Market and Consumption, University of Warmia and Mazury in Olsztyn, 10-720 Olsztyn, Poland
Elvira Nica: Department of Administration and Public Management, The Bucharest University of Economic Studies, 010371 Bucharest, Romania
Elżbieta Rogalska: Department of Theory of Economics, University of Warmia and Mazury in Olsztyn, 10-720 Olsztyn, Poland
Miloš Poliak: Department of Economics, University of Žilina, 01026 Žilina, Slovakia
Oana-Matilda Sabie: Department of Administration and Public Management, The Bucharest University of Economic Studies, 010371 Bucharest, Romania

Administrative Sciences, 2022, vol. 12, issue 3, 1-16

Abstract: The aim of our systematic review was to inspect the recently published literature on decentralized governance systems and integrate the insights it articulates on blockchain technology and smart contracts by employing Preferred Reporting Items for Systematic Reviews and Meta-analysis (PRISMA) guidelines. Throughout January and May 2022, a quantitative literature review of ProQuest, Scopus, and the Web of Science databases was carried out, with search terms including “city” + “blockchain technology”, “smart contracts”, and “decentralized governance systems”. As the analyzed research studies were published between 2016 and 2022, only 371 sources satisfied the eligibility criteria. A Shiny app was harnessed for the PRISMA flow diagram to include evidence-based acquired and handled data. Analyzing the most recent and relevant sources and leveraging screening and quality assessment tools such as AMSTAR, Dedoose, Distiller SR, ROBIS, and SRDR, we integrated the core outcomes and robust correlations related to smart urban governance. As data visualization tools, for initial bibliometric mapping dimensions were harnessed, together with layout algorithms provided by VOSviewer. Future research should investigate smart contract governance of blockchain applications and infrastructure using decision-making tools and spatial cognition algorithms.

Keywords: blockchain technology; smart contract; decentralized governance system; urban sensing technology; smart city analytics (search for similar items in EconPapers)
JEL-codes: L M M0 M1 M10 M11 M12 M14 M15 M16 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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