nach oben

Erschienen in:

2022 | OriginalPaper | Buchkapitel

Governance and Privacy Issues from the Internet of Value

verfasst von : Mike Brookbanks

Erschienen in: Enabling the Internet of Value

Verlag: Springer International Publishing

Einloggen

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config

KI-gestützte Suche

Aus

Abstract

This chapter considers the challenges and risks arising from the Internet of Value (IoV) on governance and privacy that are apparent with the transfer of trust and risk. It further considers the current governance and privacy issues with the development of new digital services such as blockchain that underpin the IoV, and how these issues need to be addressed.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Technik"

Online-Abonnement

Mit Springer Professional "Technik" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 390 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Maschinenbau + Werkstoffe

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Vorheriges Kapitel Potential Sources of Internet of Value Systemic Risk

The DAO was a digital decentralised autonomous organisation, and a form of investor-directed venture capital fund. The DAO had an objective to provide a new decentralised business model for organising both commercial and non-profit (Shermin 2017).

The General Data Protection Regulation 2016/679 is a regulation in EU law on data protection and privacy for all individual citizens of the European Union and the European Economic Area. It also addresses the transfer of personal data outside the EU and EEA areas (European Parliament and the Council 2016).

There are various forms of privacy, ranging from “the right to be left alone”, “control of information about ourselves” (Westin 1968), “the rights and obligations of individuals and organisations with respect to the collection, use, disclosure, and retention of personally identifiable information,” AICPA and CICA (2009) focus on the harms that arise from privacy violations (Solove 2006) and contextual integrity (Nissenbaum 2004).

Privacy differs from security, in that it relates to handling mechanisms for personal information, although security is one element of that. Security mechanisms, however, focus on the provision of protection mechanisms that include authentication, access controls, availability, confidentiality, integrity, retention, storage, backup, incident response and recovery. Privacy relates to personal information only, whereas security and confidentiality can relate to all information.

Adams, R., Kewell, B., & Parry, G. (2017). Blockchain for good? Digital ledger technology and sustainable development goals. Handbook of Sustainability and Social Science (pp. 127–140).

AICPA and CICA (2009). Generally accepted privacy principles. Technical Report, American Institute of Certified Public Accountants (AICPA) and Canadian Institute of Chartered Accountants (CICA).

Akgiray, V. (2019). The potential for blockchain technology in corporate governance.

Antonopoulos, A. M. (2017). Mastering bitcoin: Programming the open blockchain. O’Reilly Media, 2nd editio edition.

Arun, J. S., Cuomo, J., & Gaur, N. (2019). Blockchain for business. London: Pearson.

Athey, S., Catalini, C., & Tucker, C. E. (2017). The digital privacy paradox: Small money, small costs. Technical Report, Stanford Graduate School of Business: Small Talk.

Athey, S., Parashkevov, I., Sarukkai, V., & Xia, J. (2016). Bitcoin pricing, adoption, and usage: Theory and evidence. Technical Report, Stanford Graduate School of Business.

Atzori, M. (2015). Blockchain technology and Decentralized Governance: Is the State Still Necessary? (p. 2709713). Technical Report, SSRN.

Aula, P. (2010). Social media, reputation risk and ambient publicity management. Strategy and Leadership, 38(6), 43–49.CrossRef

Barak, B., Goldreich, O., Impagliazzo, R., Rudich, S., Sahai, A., Vadhan, S., & Yang, K. (2001). On the (Im)possibility of Obfuscating Programs. Technical Report.

Bennet, C., & Raab, C. (2006). The governance of privacy: Policy instruments in global perspectives.

Block, D. R., Thompson, M., Euken, J., Liquori, T., Fear, F., & Baldwin, S. (2008). Engagement for transformation: Value webs for local food system development. Agriculture and Human Values, 25(3), 379–388.CrossRef

Blok, V., & Lemmens, P. (2015). The emerging concept of responsible innovation. Three reasons why it is questionable and calls for a radical transformation of the concept of innovation. In Responsible innovation 2: Concepts, approaches, and applications (pp. 19–36). Berlin: Springer International Publishing.

Bradley, R. V., Byrd, T. A., Pridmore, J. L., Thrasher, E., Pratt, R. M., & Mbarika, V. W. (2012). An empirical examination of antecedents and consequences of IT governance in US hospitals. Journal of Information Technology, 27(2), 156–177.CrossRef

Cartwright, S. D., & Oliver, R. W. (2000). Untangling the value web. Journal of Business Strategy, 21(1), 22–27.CrossRef

Catalini, C., & Gans, J. S. (2016). Some simple economics of the blockchain. Technical Report, National Bureau of Economic Research 22952, Cambridge, MA.

Child, J., & Rodrigues, S. B. (2004). Repairing the breach of trust in corporate governance. Corporate Governance, 12(2), 143–152.CrossRef

Chiu, H. (2016). Fintech and disruptive business models in financial products, intermediation and markets- policy implications for financial regulators.

Cohn, T. (2016). Global political economy: Theory and practice. New York: Editorial Routledge.CrossRef

CPTM (2016). Adaptive flexibility approaches to financial inclusion in a digital age. Technical Report.

CSJ. (2016). The use of digital technologies to tackle financial exclusion. Technical Report, The Centre For Social Justice, Roundtable Report.

De Filippi, P., McMullen, G., McConaghy, T., Choi, C., de la Rouviere, S., Benet, J., & Stern, D. J. (2016). How blockchains can support, complement, or supplement intellectual property. Technical Report.

EPSRC (2017). Framework for responsible innovation.

European Parliament and the Council (2016). Regulation (EU) 2016/679 of the European parliament and of the council.

Gordon, F. R. (2012). Impact of information technology governance structures on strategic alignment. Ph.D. thesis, Capella University.

Holmes, C. (2017). Distributed ledger technologies for public good: Leadership, collaboration and innovation. Technical Report, House of Lords.

Holmes, C. (2020). Distributed ledger technologies for public good: Leadership, collaboration and innovation proof of concept reducing friction in international trade. https://lordchrisholmes.com/wp-content/uploads/2020/09/DLT-Update-2020-RFIT.pdf.

Huang, R., Zmud, R. W., & Price, R. L. (2010). Influencing the effectiveness of IT governance practices through steering committees and communication policies. European Journal of Information Systems, 19(3), 288–302.CrossRef

IT Governance Institute (2003). Board briefing on IT governance 2nd ed.

ItSMF (2020). Best practice.

Karimi, J., Bhattacherjee, A., Gupta, Y. P., & Somers, T. M. (2000). The effects of MIS steering committees on information technology management sophistication. Journal of Management Information Systems, 17(2), 207–230.CrossRef

Ko, D., & Fink, D. (2010). Information technology governance: An evaluation of the theory-practice gap. Corporate Governance, 10(5), 662–674.CrossRef

Maull, R., Godsiff, P., Mulligan, C., Brown, A., & Kewell, B. (2017). Distributed ledger technology: Applications and implications. Strategic Change, 26(5), 481–489.CrossRef

Nienaber, A.-M., Hofeditz, M., & Searle, R. (2014). Do we bank on regulation or reputation? A meta-analysis and meta-regression of organizational trust in the financial services sector. International Journal of Bank Marketing, 32(5), 367–407.CrossRef

Nissenbaum, H. (2004). Privacy as contextual integrity. Washington Law Review, 79(1), 2–3.

Pearson, S. (2012). Privacy management in global organisations. In 13th International Conference on Communications and Multimedia Security (CMS) (pp. 217–237).

Peterson, R. (2004). Crafting information technology. Governance, 21(4). https://doi.org/10.1201/1078/44705.21.4.20040901/84183.2.

Puschmann, T. (2017). Fintech. Business and information. Systems Engineering, 59(1), 69–76.

Reuters (2019). Bank of England sets out rules of engagement for Facebook’s Libra.

Robinson, N. (2005). IT excellence starts with governance. Journal of Investment Compliance, 6(3), 45–49.CrossRef

Rutter, K. (2017). The myth of easy interoperability. Technical Report, R3.

Shermin, V. (2017). Disrupting governance with blockchains and smart contracts. Strategic Change, 26(5), 499–509.CrossRef

Solove, D. J. (2006). A Taxonomy of Privacy Law. 154(3), 477–560.

Stafford, G. (2003). The benefits of standard IT governance frameworks.

Stilgoe, J., Owen, R., & Macnaghten, P. (2013). Developing a framework for responsible innovation. Research Policy, 42(9), 1568–1580.CrossRef

Stirling, A. (2016). Precaution in the governance of technology. Technical Report, Research Gate.

Swire, P. P., & Bermann, S. (2007). Information privacy: Official reference for the certified information privacy professional (CIPP). New York: International Association of Privacy Professionals.

Valentine, E. L., & Stewart, G. (2013). The emerging role of the Board of Directors in enterprise business technology governance. International Journal of Disclosure and Governance, 10(4), 346–362.CrossRef

Van Grembergen, W., De Haes, S., & Guldentops, E. (2004). Structures, processes and relational mechanisms for IT governance. In W. Van Grembergen (Ed.), Strategies for Information Technology Governance. IDEA Group Publishing.CrossRef

Van Rijmenam, M., Schweitzer, J., & Williams, M.-A. (2017). A distributed future: How blockchain affects strategic management, organisation design & governance. Academy of Management Proceedings, 2017(1), 14807.CrossRef

Walch, A. (2015). The bitcoin blockchain as financial market infrastructure: A consideration of operational risk. Technical Report, Social Science Research Network (SSRN).

Walport, M. (2016). Distributed Ledger Technology: beyond block chain. Technical Report, UK Government.

Weill, P., & Ross, J. W. (2004). IT governance: How top managers manage IT decision rights for superior results.

Weill, P., & Ross, J. W. (2005). A matrixed approach to designing IT governance. MIT Sloan Management Review, 46(2), 26–34.

Westin, A. F. (1968). Privacy and freedom. Washington and Lee Law Review, 25(1), 166–170.

Wu, S.P.-J., Straub, D. W., & Liang, T.-P. (2015). How information technology governance mechanisms and strategic alignment influence organizational performance: Insights from a matched survey of business and IT managers. MIS Quarterly, 39(2), 497–518.CrossRef

Zheng, Z., Xie, S., Dai, H. N., Chen, X., & Wang, H. (2018). Blockchain challenges and opportunities: A survey. International Journal of Web and Grid Services, 14(4), 352–375.CrossRef

Titel: Governance and Privacy Issues from the Internet of Value
verfasst von: Mike Brookbanks
Verlag: Springer International Publishing
Buch: Enabling the Internet of Value
Print ISBN: 978-3-030-78183-5

Electronic ISBN: 978-3-030-78184-2

Copyright-Jahr: 2022
DOI: https://doi.org/10.1007/978-3-030-78184-2_17

Springer Professional

Abstract

Bitte loggen Sie sich ein, um Zugang zu Ihrer Lizenz zu erhalten.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Springer Professional "Technik"

Springer Professional "Wirtschaft"

Premium Partner