Fostering Peer-to-Peer Blockchain-based Data Markets

José Parra Moyano, Michel Avital, Marcel Bühler, Karl Schmedders

Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review

Abstract

The emergence of data markets will provide an arena for massive data trading. A largescale implementation and adoption of data markets can have significant economic and societal implications. Currently, however, two obstacles hinder the implementation and broader development of data markets—the lack of guarantees of data provenance and the lack of incentives for honest participation in the market. Using the Design Science Research approach, we develop a blockchain-based artifact that can help mitigate these two obstacles. The evaluation of the artifact demonstrates that blockchain technology could be instrumental in the design of new, decentralized incentive structures that motivate the honest participation of all the involved agents in a data market while establishing the provenance of the data.
Original languageEnglish
Title of host publicationPACIS 2021 Proceedings
EditorsDoug Vogel, Kathy Ning Shen, Pan Shan Ling, M.N. Ravishankar, Xi (Jacky) Zhang
Number of pages14
Place of PublicationAtlanta, GA
PublisherAssociation for Information Systems. AIS Electronic Library (AISeL)
Publication date2021
Article number83
Publication statusPublished - 2021
EventThe 25th Pacific Asia Conference on Information Systems. PACIS 2021 - Virtual
Duration: 12 Jul 202114 Jul 2021
Conference number: 25
https://www.pacis2021.org/

Conference

ConferenceThe 25th Pacific Asia Conference on Information Systems. PACIS 2021
Number25
LocationVirtual
Period12/07/202114/07/2021
Internet address

Keywords

  • Blockchain
  • Data markets
  • Design science research
  • Economics of IS

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