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

Proceedings of the 53rd Hawaii International Conference on System Sciences

10 Pages Posted: 1 Oct 2019 Last revised: 10 Feb 2021

See all articles by Florian Gräbe

Florian Gräbe

Karlsruhe Institute of Technology

Niclas Kannengießer

Karlsruhe Institute of Technology - Institute of Applied Informatics and Formal Description Methods (AIFB)

Sebastian Lins

University of Cologne

Ali Sunyaev

University of Cologne; Karlsruhe Institute of Technology

Date Written: January 7, 2020

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 operationalize DLT characteristics and generate a process to compare different DLT designs accordingly to their suitability in a use case.

Keywords: Distributed Ledger Technology, Blockchain, Suitability

Suggested Citation

Gräbe, Florian and Kannengießer, Niclas and Lins, Sebastian and Sunyaev, Ali, Do Not Be Fooled: Toward a Holistic Comparison of Distributed Ledger Technology Designs (January 7, 2020). Proceedings of the 53rd Hawaii International Conference on System Sciences, Available at SSRN: https://ssrn.com/abstract=3452709

Florian Gräbe

Karlsruhe Institute of Technology ( email )

Kaiserstraße 12
Karlsruhe, Baden Württemberg 76131
Germany

Niclas Kannengießer (Contact Author)

Karlsruhe Institute of Technology - Institute of Applied Informatics and Formal Description Methods (AIFB) ( email )

Kaiserstraße 12
Karlsruhe, Baden Württemberg 76131
Germany

Sebastian Lins

University of Cologne ( email )

Albertus-Magnus-Platz
Cologne, 50923
Germany

Ali Sunyaev

University of Cologne ( email )

Albertus-Magnus-Platz
Cologne, 50923
Germany

HOME PAGE: http://www.isq.uni-koeln.de

Karlsruhe Institute of Technology ( email )

Kaiserstraße 12
Karlsruhe, Baden Württemberg 76131
Germany

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
280
Abstract Views
973
Rank
198,618
PlumX Metrics