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Configuring blockchain architectures for transaction information in blockchain consortiums: The case of accounting and supply chain systems

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  • Daniel E. O'Leary

Abstract

This paper investigates alternative configurations of different blockchain architectures that can be used for gathering and processing transactions in a range of different settings, including accounting, auditing, supply chain and other types of transaction information. Although there has been substantial focus on the peer‐to‐peer and public versions of blockchain, this paper focuses primarily on cloud‐based and private configuration versions of blockchains and investigates use configurations, advantages and limitations as firms bring blockchain‐based market mechanisms into their organizations. In addition, this paper investigates some emerging issues associated with blockchain use in consortium settings. Finally, this paper relates some proposed uses of blockchain for transaction processing to other technologies, such as data warehouses and databases.

Suggested Citation

  • Daniel E. O'Leary, 2017. "Configuring blockchain architectures for transaction information in blockchain consortiums: The case of accounting and supply chain systems," Intelligent Systems in Accounting, Finance and Management, John Wiley & Sons, Ltd., vol. 24(4), pages 138-147, October.
    • Handle: RePEc:wly:isacfm:v:24:y:2017:i:4:p:138-147
    DOI: 10.1002/isaf.1417
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    References listed on IDEAS

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    1. Joyce E. Berg & Thomas A. Rietz, 2003. "Prediction Markets as Decision Support Systems," Information Systems Frontiers, Springer, vol. 5(1), pages 79-93, January.
    2. Geerts, Guido L. & O'Leary, Daniel E., 2015. "A note on an architecture for integrating cloud computing and enterprise systems using REA," International Journal of Accounting Information Systems, Elsevier, vol. 19(C), pages 59-67.
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    Cited by:

    1. Akter, Mohsina & Kummer, Tyge-F. & Yigitbasioglu, Ogan, 2024. "Looking beyond the hype: The challenges of blockchain adoption in accounting," International Journal of Accounting Information Systems, Elsevier, vol. 53(C).
    2. Kopyto, Matthias & Lechler, Sabrina & von der Gracht, Heiko A. & Hartmann, Evi, 2020. "Potentials of blockchain technology in supply chain management: Long-term judgments of an international expert panel," Technological Forecasting and Social Change, Elsevier, vol. 161(C).
    3. Dutta, Pankaj & Choi, Tsan-Ming & Somani, Surabhi & Butala, Richa, 2020. "Blockchain technology in supply chain operations: Applications, challenges and research opportunities," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 142(C).

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