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Article
Publication date: 24 April 2020

Victoria L. Lemieux, Chris Rowell, Marc-David L. Seidel and Carson C. Woo

Distributed trust technologies, such as blockchain, propose to permit peer-to-peer transactions without trusted third parties. Yet not all implementations of such technologies…

1479

Abstract

Purpose

Distributed trust technologies, such as blockchain, propose to permit peer-to-peer transactions without trusted third parties. Yet not all implementations of such technologies fully decentralize. Information professionals make strategic choices about the level of decentralization when implementing such solutions, and many organizations are taking a hybrid (i.e. partially decentralized) approach to the implementation of distributed trust technologies. This paper conjectures that while hybrid approaches may resolve some challenges of decentralizing information governance, they also introduce others. To better understand these challenges, this paper aims first to elaborate a framework that conceptualizes a centralized–decentralized information governance continuum along three distinct dimensions: custody, ownership and right to access data. This paper then applies this framework to two illustrative blockchain case studies – a pilot Brazilian land transfer recording solution and a Canadian health data consent sharing project – to exemplify how the current transition state of blockchain pilots straddles both the old (centralized) and new (decentralized) worlds. Finally, this paper outlines the novel challenges that hybrid approaches introduce for information governance and what information professionals should do to navigate this thorny transition period. Counterintuitively, it may be much better for information professionals to embrace decentralization when implementing distributed trust technologies, as hybrid models could offer the worst of both the centralized and future decentralized worlds when consideration is given to the balance between information governance risks and new strategic business opportunities.

Design/methodology/approach

This paper illustrates how blockchain is transforming organizations and societies by highlighting new strategic information governance challenges using our original analytic framework in two detailed blockchain case studies – a pilot solution in Brazil to record land transfers (Flores et al., 2018) and another in Canada to handle health data sharing consent (Hofman et al., 2018). The two case studies represent research output of the first phase of an ongoing multidisciplinary research project focused on gaining an understanding of how blockchain technology generates organizational, societal and data transformations and challenges. The analytic framework was developed inductively from a thematic synthesis of the findings of the case studies conducted under the auspices of this research project. Each case discussed in detail in this paper was chosen from among the project's case studies, as it represents a desire to move away from the old centralized world of information governance to a new decentralized one. However, each case study also represents and embodies a transition state between the old and new worlds and highlights many of the associated strategic information governance challenges.

Findings

Decentralization continues to disrupt organizations and societies. New emerging distributed trust technologies such as blockchain break the old rules with respect to the trust and authority structures of organizations and how records and data are created, managed and used. While governments and businesses around the world clearly see value in this technology to drive business efficiency, open up new market opportunities and create new forms of value, these advantages will not come without challenges. For information executives then, the question is not if they will be disrupted, but how. Understanding the how as will be discussed in this paper provides the business know how to leverage the incredible innovation and transformation that decentralized trust technology enables before being leapfrogged by another organization. It requires a change of mindset to consider an organization as one part of a broader ecosystem, and for those who successfully do so, this paper views this as a strategic opportunity for those responsible for strategic information governance to design the future instead of being disrupted by it.

Research limitations/implications

This paper presents a novel analytic framework for strategic information governance challenges as we transition from a traditional world of centralized records and information management to a new decentralized world. This paper analyzes these transitions and their implications for strategic information governance along three trajectories: custody, ownership and right to access records and data, illustrating with reference to our case studies.

Practical implications

This paper predicts a large number of organizations will miss the opportunities of the new decentralized trust world, resulting in a rather major churning of organizations, as those who successfully participate in building the new model will outcompete those stuck in the old world or the extremely problematic hybrid transition state. Counterintuitively, this paper argues that it may be much less complex for information executives to embrace decentralization as fast as they can, as in some ways the hybrid model seems to offer the worst of both the centralized and future decentralized worlds with respect to information governance risks.

Social implications

This paper anticipates broader societal consequences of the predicted organization churn, in particular with respect to uncertainty about the evidence that records provide for public accountability and contractual rights and entitlements.

Originality/value

Decentralized trust technologies, such as blockchain, permit peer-to-peer transactions without trusted third parties. Of course, such radical shifts do not happen overnight. The current transition state of blockchain pilots straddles both the old and new worlds. This paper presents a theoretical framework categorizing strategic information governance challenges on a spectrum of centralized to decentralized in three primary areas: custody, ownership and right to access records and data. To illustrate how decentralized trust is transforming organizations and societies, this paper presents these strategic information governance challenges in two blockchain case studies – a pilot Brazilian land transfer recording solution and a Canadian health data consent sharing project. Drawing on the theoretical framework and case studies, this paper outlines what information executives should do to navigate this thorny transition period.

Details

Records Management Journal, vol. 30 no. 3
Type: Research Article
ISSN: 0956-5698

Keywords

Article
Publication date: 4 September 2009

Rommert Dekker, Eelco van Asperen, Geerten Ochtman and Walter Kusters

The purpose of this paper is to consider the use of temporary storage offered by intermodal transshipment points to position some stock of fast moving consumer goods in advance of…

3694

Abstract

Purpose

The purpose of this paper is to consider the use of temporary storage offered by intermodal transshipment points to position some stock of fast moving consumer goods in advance of demand; this floating stock concept combines transport and inventory management. Intermodal transport is compared with direct road transport for a supply chain.

Design/methodology/approach

First an analytical comparison is made which shows that the floating stock concept has advantages in inventories over pure road and intermodal transport. Next, a simulation study of a real case is made which quantifies the cost‐differences in detail.

Findings

It is found that both storage costs can be lowered and shorter response times be gotten by sending shipments in advance to intermodal terminals. The advance positioning can offset the disadvantage of a longer transit time in intermodal transport.

Research limitations/implications

Demand needs to be somewhat predictable. The pooling effects depend on geographical layout of the customers. The availability of intermodal transport options is based on the situation in Western Europe.

Practical implications

The floating stock concept considers both the transport and inventory issues. By positioning some of the stock at transshipment points close to the customer in anticipation of demand, the concept can yield lower inventory costs as well as a lower customer lead time. The benefit for logistics service providers is a more regular supply chain. Using intermodal transport provides an opportunity to green the supply chain as the environmental impact per ton/kilometer is lower than road transport.

Originality/value

This paper draws on the areas of logistics and inventory management to consider the choice of transport mode; most studies look at these issues in isolation. Considering the holding and storage costs in addition to the distribution strategy enables a more thorough comparison of the transport modes.

Details

International Journal of Physical Distribution & Logistics Management, vol. 39 no. 8
Type: Research Article
ISSN: 0960-0035

Keywords

Article
Publication date: 25 May 2023

Lingling Huang, Chengqiang Zhao, Shijie Chen and Liujing Zeng

Technical advantages embraced by blockchain, such as distributed ledger, P2P networks, consensus mechanisms and smart contracts, are highly compatible with addressing the security…

Abstract

Purpose

Technical advantages embraced by blockchain, such as distributed ledger, P2P networks, consensus mechanisms and smart contracts, are highly compatible with addressing the security issues of transferring and storing judicial documents and obtaining the feedback and evaluation of judicial translation services in cases with foreign elements. Therefore, based on this, a consortium blockchain-based model for supervising the overall process of judicial translation services in cases with foreign elements is proposed.

Design/methodology/approach

Some judicial documents are required to be translated when there are language barriers in cases with foreign elements. The purpose of this paper is expected to address security issues, which is ignored, in the process of translating judicial documents.

Findings

The experimental results show that the model constructed in this paper can effectively guarantee the security and privacy of transferring and storing translated judicial documents in cases with foreign elements, and realize the credibility and traceability of feedbacks and evaluations of judicial translation services. In addition, the underlying network communications is stable and the speed for processing data can meet the requirements of practical application.

Originality/value

The research in this paper provides an innovative scheme for judicial translation services in cases with foreign elements. The model constructed is conducive to protecting the security of the transfer and storage of judicial documents and improving the efficiency and modernization ability of hearing cases with foreign elements.

Details

Aslib Journal of Information Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2050-3806

Keywords

Article
Publication date: 10 September 2019

Yong Tang, Jason Xiong, Rafael Becerril-Arreola and Lakshmi Iyer

The purpose of this paper is fourfold: first, to provide the first systematic study on the ethics of blockchain, mapping its main socio-technical challenges in technology and…

8617

Abstract

Purpose

The purpose of this paper is fourfold: first, to provide the first systematic study on the ethics of blockchain, mapping its main socio-technical challenges in technology and applications; second, to identify ethical issues of blockchain; third, to propose a conceptual framework of blockchain ethics study; fourth, to discuss ethical issues for stakeholders.

Design/methodology/approach

The paper employs literature research, research agenda and framework development.

Findings

Ethics of blockchain and its applications is essential for technology adoption. There is a void of research on blockchain ethics. The authors propose a first theoretical framework of blockchain ethics. Research agenda is proposed for future search. Finally, the authors recommend measures for stakeholders to facilitate the ethical adequacy of blockchain implementations and future Information Systems (IS) research directions. This research raises timely awareness and stimulates further debate on the ethics of blockchain in the IS community.

Originality/value

First, this work provides timely systematic research on blockchain ethics. Second, the authors propose the first research framework of blockchain ethics. Third, the authors identify key research questions of blockchain ethics. Fourth, this study contributes to the understanding of blockchain technology and its societal impacts.

Article
Publication date: 2 February 2015

Huseyin Selcuk Kilic and Mehmet Bulent Durmusoglu

– The purpose of this paper is to present a literature review on parts feeding policies and to provide the components of parts feeding systems via a classification structure.

1803

Abstract

Purpose

The purpose of this paper is to present a literature review on parts feeding policies and to provide the components of parts feeding systems via a classification structure.

Design/methodology/approach

This paper determines the scope and components of parts feeding systems via a classification structure under three main components such as the storage of parts, transport of parts and feeding policy. Afterward, it is focused on parts feeding policies and the related papers are reviewed and analyzed according to their feeding policy types, objectives, solution methodologies and the application types.

Findings

A classification structure showing the components and scope of parts feeding systems is provided. Parts feeding policies are handled in detail and feeding policy types, objectives, solution methodologies and application types in the existing studies are presented in this paper. However, the paper highlights the open research areas and advances for academics and presents applied solution methodologies and case studies for practitioners.

Originality/value

This paper reveals the scope of parts feeding systems by presenting a classification structure including three main components and related subcomponents and provides a comprehensive literature review on parts feeding policies.

Details

Assembly Automation, vol. 35 no. 1
Type: Research Article
ISSN: 0144-5154

Keywords

Book part
Publication date: 21 October 2019

Joey Biasi and Sujit Chakravorti

In this chapter, the authors study how cryptotoken issuance, also referred to as initial coin offerings and security token offerings, may disrupt funding markets such as venture…

Abstract

In this chapter, the authors study how cryptotoken issuance, also referred to as initial coin offerings and security token offerings, may disrupt funding markets such as venture capital, crowdfunding, and private equity. The authors discuss the necessary infrastructure to support this new asset class. The authors analyze the market evolution in terms of volatility, global reach, news events, and types of industries that are issuing or considering to issue tokens. The authors discuss some specific token offerings to highlight lessons learned. the authors summarize the regulatory landscape and challenges going forward. This market crashed in terms of market capitalization at the end of 2018. However, this new asset class along with the underlying technology holds great promise to disrupt various types of intermediaries if adequate financial and regulatory infrastructures are developed.

Details

Disruptive Innovation in Business and Finance in the Digital World
Type: Book
ISBN: 978-1-78973-381-5

Keywords

Article
Publication date: 1 March 2022

K. Madhura and R. Mahalakshmi

The blockchain system is required for coordinating and managing the information across the organizations. The internal assurance of the information system is under threat and…

1276

Abstract

Purpose

The blockchain system is required for coordinating and managing the information across the organizations. The internal assurance of the information system is under threat and requires a defined and arbitrary system for protective information sharing. The primary analysis of defining and providing the access to the data or information is proposed in this article. The major challenge faced by organizations is providing and maintaining security to the cumulated data infrastructure, protecting the confidential data flow within the infrastructure and to ascertain ethical operations within the organization.

Design/methodology/approach

In this paper, a top-down approach is utilized to solve the issues faced during confidential data storage, track and alert internal malignant access. The web content management system (WCMS) market is growing and the challenging desideratum of solving security issues are incrementing. This research proposes a top-down security implementation methodology which alters the access control of the organization running the WCMS, it is a highly secure access-control with activity tracker that records who did what activity and who is responsible for malignant access tracker.

Findings

The upgraded access control system is implemented utilizing the most influential blockchain technology where the hash engendered by the Inter Planetary File System (IPFS) cloud is stored on the block to implement a confidential data tracker; a supplemental level of security is integrated to the admin by verifying its account ID by storing it on to the astute contracts and applying two-step authentication. A caliber of security is integrated during storage by integrating RHS encryption.

Research limitations/implications

This system is proposed for the confidential student data storage (for e.g. educational documents, marks cards etc.) and tracking maleficent access.

Originality/value

The upgraded access control system is implemented using the most influential blockchain technology where the hash generated by the IPFS cloud is stored on the block to implement a confidential data tracker, an additional level of security is added to the admin by verifying its account ID by storing it on to the smart contracts and applying two-step authentication.

Details

International Journal of Intelligent Computing and Cybernetics, vol. 16 no. 1
Type: Research Article
ISSN: 1756-378X

Keywords

Article
Publication date: 1 September 1995

Tiffany A. Sargent and Michael G. Kay

Companies using just‐in‐time principles are currently moving fromcentralized to decentralized storage areas. A question that needs to beaddressed is whether this move is cost…

1905

Abstract

Companies using just‐in‐time principles are currently moving from centralized to decentralized storage areas. A question that needs to be addressed is whether this move is cost efficient. Presents a costing model which can be used to determine if further consideration should be given to decentralized storage in a facility currently utilizing centralized storage. Evaluates whether the savings in material handling flow costs associated with moving from centralized to decentralized storage outweighs the additional costs associated with implementing and utilizing decentralized storage for a designated period of time. Through the process of solving the cost model, a new layout will be created for the decentralized storage system. The layout includes the placement of the additional material storage and receipt areas as well as the rearrangement of the other departments in the facility.

Details

International Journal of Operations & Production Management, vol. 15 no. 9
Type: Research Article
ISSN: 0144-3577

Keywords

Article
Publication date: 4 April 2023

Samir Daoud Baidoun, Mohammed Zedan Salem and Ralf Wagner

This paper aims to identify the factors affecting university students’ behavioral intentions towards adopting the new Facebook currency while controlling for the direct and the…

Abstract

Purpose

This paper aims to identify the factors affecting university students’ behavioral intentions towards adopting the new Facebook currency while controlling for the direct and the moderating impacts of narcissism.

Design/methodology/approach

A self-administered questionnaire of 344 respondents from six major Palestinian universities was analyzed. The structural model is fitted for assessing the hypothesized relations.

Findings

Findings indicate that the effect of Facebook advertisement in predicting the behavioral intentions to adopt the new Facebook currency relies on: privacy, security, the expectations in the new Facebook currency and knowledge about the targeting options within the Facebook platform. Moreover, the moderating role of narcissism supported the relationships between perceived privacy, the expectations in the new Facebook currency and knowledge about the targeting options within the Facebook platform but did not support the moderating role of narcissism in the relationships between perceived security and the behavioral intentions.

Research limitations/implications

In this study, only the Facebook platform and the behavioral intention were investigated with data collected from Palestinian University students through self-reported cross-sectional survey.

Practical implications

This study adds insight on the moderating role of narcissism in predicting the behavior intentions towards adopting the new Facebook currency (Diem) which has a substantial potential to threaten all other crypto currencies and the other alternatives. Therefore, managers should consider altering or adapting their Facebook advertising tactics accordingly.

Originality/value

This study is the first to contribute through empirical evidence from a developing country to theory building the results of clarifying the propensity to adopt the new Facebook currency, outlining the consumers’ reaction to social media advertising and its influential factors and providing evidence proving relevance of narcissism for non-Western users.

Peer review

The peer review history for this article is available at: https://publons.com/publon/10.1108/OIR-12-2021-0666

Details

Online Information Review, vol. 47 no. 7
Type: Research Article
ISSN: 1468-4527

Keywords

Article
Publication date: 6 February 2017

Saliha Karadayi Usta, Mehmet Kursat Oksuz and Mehmet Bulent Durmusoglu

This paper aims to propose a combined methodology to help decision makers in evaluating and selecting the most effective part feeding system.

Abstract

Purpose

This paper aims to propose a combined methodology to help decision makers in evaluating and selecting the most effective part feeding system.

Design/methodology/approach

As a first step of the methodology, a hierarchical clustering analysis is applied to design a kitting or hybrid feeding system. Second, activity-based costing methodology is applied to determine which system is better according to their costs. Besides, sensitivity analysis is implemented to observe the behavior of the system in case of the takt time changes.

Findings

Using kitting systems purely can lead to problems because of the big and expensive parts in the mixed-model assembly systems. Therefore, the hybrid feeding policy can provide better solutions for such systems.

Research limitations/implications

A case study is conducted in a company and the most produced product of the company is considered to design the part feeding system. Results indicated that transportation cost has a large proportion on the total cost and the hybrid feeding policy may be a good solution to reduce this cost.

Practical implications

The paper includes implications for the design of hybrid feeding systems in lean-based assembly lines. The proposed methodology may be a practical tool for decision makers to design and decide on the part feeding policy.

Originality/value

Kitting design has not been studied yet to the best of the authors’ knowledge. Besides, there is no certain decision methodology indicating which system is better. In this study, different methods are combined as a new methodology with the purpose of industrial decision-making.

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