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A blockchain-powered e-cognocracy model for democratic decision making

Author

Listed:
  • Sepehr Ghazinoory

    (Tarbiat Modares University)

  • Amirhosein Mardani

    (Tarbiat Modares University)

  • Mohammad Ali Maddah-Ali

    (University of Minnesota)

  • Gholam Ali Montazer

    (Tarbiat Modares University)

Abstract

Electronic governance is used to empower citizens and help governments and organizations with strategic decision-making or policy-making. E-democracy and e-participation methods are essential tools used to engage citizens in decision-making. One of the recent e-democracy models is known as e-cognocracy. While having advantages relative to traditional e-democracy models, e-cognocracy still faces challenges such as fraud, centralization, information failure (voting paradox), and participation rate. This paper aims to design a blockchain-based electronic democracy model on a smart contract using e-cognocracy as the base model and the concept of futarchy and prediction markets. Using the design science research methodology, a three-stage blockchain-powered e-cognocracy method for democratic decision-making is developed. The proposed method of research includes three main stages: (1) Setting the problem, (2) the voting process, and (3) knowledge diffusion and evaluation, and the stage are done through several activities. This method is implemented as a smart contract on the Ethereum platform. Using the power of blockchain technology and the economic incentive model of futarchy, this method overcomes three main challenges for e-cognocracy. To demonstrate the methodology, it was applied in a real-case experience.

Suggested Citation

  • Sepehr Ghazinoory & Amirhosein Mardani & Mohammad Ali Maddah-Ali & Gholam Ali Montazer, 2024. "A blockchain-powered e-cognocracy model for democratic decision making," Information Systems and e-Business Management, Springer, vol. 22(2), pages 209-246, June.
    • Handle: RePEc:spr:infsem:v:22:y:2024:i:2:d:10.1007_s10257-023-00663-x
    DOI: 10.1007/s10257-023-00663-x
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    References listed on IDEAS

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    1. Aline Dresch & Daniel Pacheco Lacerda & José Antônio Valle Antunes Jr, 2015. "Design Science Research," Springer Books, Springer, edition 127, number 978-3-319-07374-3, February.
    2. Nicolas Kube, 2018. "Daniel Drescher: Blockchain basics: a non-technical introduction in 25 steps," Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, vol. 32(3), pages 329-331, August.
    3. Peter Racsko, 2019. "Blockchain and Democracy," Society and Economy, Akadémiai Kiadó, Hungary, vol. 41(3), pages 353-369, September.
    4. Rainer Böhme & Nicolas Christin & Benjamin Edelman & Tyler Moore, 2015. "Bitcoin: Economics, Technology, and Governance," Journal of Economic Perspectives, American Economic Association, vol. 29(2), pages 213-238, Spring.
    5. Dominique Guegan, 2017. "Public Blockchain versus Private blockchain," Documents de travail du Centre d'Economie de la Sorbonne 17020, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    6. Aline Dresch & Daniel Pacheco Lacerda & José Antônio Valle Antunes, 2015. "Proposal for the Conduct of Design Science Research," Springer Books, in: Design Science Research, edition 127, chapter 0, pages 117-127, Springer.
    7. José María Moreno-Jiménez & Cristina Pérez-Espés & Pilar Rivera-Torres, 2020. "Relevant Aspects for an EF3-Evaluation of E-Cognocracy," Mathematics, MDPI, vol. 8(2), pages 1-19, February.
    8. Aline Dresch & Daniel Pacheco Lacerda & José Antônio Valle Antunes, 2015. "Design Science Research," Springer Books, in: Design Science Research, edition 127, chapter 0, pages 67-102, Springer.
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