The effectiveness of waqf administration is impeded by poor management of assets,opacity,and unstandardized reporting.Blockchain is expected to solve these issues due to its ability to record and trace every transacti...The effectiveness of waqf administration is impeded by poor management of assets,opacity,and unstandardized reporting.Blockchain is expected to solve these issues due to its ability to record and trace every transaction,allowing administrators to discharge their accountability to waqf stakeholders.While there have been numerous proposals for waqf blockchain,there is no explicit framework for the governance of blockchain in waqf institutions.We propose a governance of blockchain framework for waqf institutions based on IT governance dimensions and blockchain governance dimensions from the literature.The framework comprises three dimensions(formation and context,actors,and means of governance/decision making)that subsume eight sub-dimensions across three layers and three stages.We then apply the framework on a blockchain-based waqf organization to examine its usefulness.The framework is among the first to be designed for waqf institutions.展开更多
Decentralized autonomous organizations(DAOs)have found use in the governance of open source software(OSS)projects.However,the governance of an OSS producing DAO should match the particularities of OSS production while...Decentralized autonomous organizations(DAOs)have found use in the governance of open source software(OSS)projects.However,the governance of an OSS producing DAO should match the particularities of OSS production while also overcoming the existing challenges of decentralized governance.The existing decentralized governance frameworks do not include all the governance activities of OSS projects.Therefore,this study presents a governance framework for DAOs that produce OSS.The framework is built upon a total of 34 articles on DAO and OSS governance.The framework was evaluated in three leading DAOs that produce OSS.The evaluation underscores the significance of the framework and proves the potential of the systematic categorization of governance mechanisms.Finally,we list emerging governance practices in various governance domains in this developing field.展开更多
基金This research was supported by Fundamentals of Research Grant Scheme(FRGS)provided by the Ministry of Education of Malaysia with grant code:FRGS/1/2019/SS01/USIM/02/7 for the research titled“Developing A Blockchain-Based Governance Framework for Waqf Organisations:Toward a Sustainable Economic Wellbeing”.
文摘The effectiveness of waqf administration is impeded by poor management of assets,opacity,and unstandardized reporting.Blockchain is expected to solve these issues due to its ability to record and trace every transaction,allowing administrators to discharge their accountability to waqf stakeholders.While there have been numerous proposals for waqf blockchain,there is no explicit framework for the governance of blockchain in waqf institutions.We propose a governance of blockchain framework for waqf institutions based on IT governance dimensions and blockchain governance dimensions from the literature.The framework comprises three dimensions(formation and context,actors,and means of governance/decision making)that subsume eight sub-dimensions across three layers and three stages.We then apply the framework on a blockchain-based waqf organization to examine its usefulness.The framework is among the first to be designed for waqf institutions.
文摘Decentralized autonomous organizations(DAOs)have found use in the governance of open source software(OSS)projects.However,the governance of an OSS producing DAO should match the particularities of OSS production while also overcoming the existing challenges of decentralized governance.The existing decentralized governance frameworks do not include all the governance activities of OSS projects.Therefore,this study presents a governance framework for DAOs that produce OSS.The framework is built upon a total of 34 articles on DAO and OSS governance.The framework was evaluated in three leading DAOs that produce OSS.The evaluation underscores the significance of the framework and proves the potential of the systematic categorization of governance mechanisms.Finally,we list emerging governance practices in various governance domains in this developing field.