Coding The Governance: Different Models of Blockchain-Based Governance Systems

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2022-12-29

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Cubukcuoglu, Safir

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Open and collective governance formations are being developed through ongoing participation from often faceless but verified individuals who trust the trustless technology of decentralized verification over the Internet. This new technology called Distributed Ledger Technology, a.k.a. Blockchain, is subject to innovation and use for governance purposes that are increasing in scope and variance. Nevertheless, there is considerably little attention being paid to the proliferation of blockchain-based governance models and the technology of blockchain in general, from social and political science research. Thus, this study offers theoretical analyses on various and often contradictory designs of blockchain-based systems that are being adopted, on the one hand, by an increasing number of national and international institutes and global governance organizations, and, on the other hand, transcultural grassroots Internet communities and organizations. Design specifics of blockchain-based governance system-architectures in use implicate that different and often contradictory terms of 'the political' are being encoded into immutable and highly-secure digital ledger-keeping systems. This thesis selectively reads modern and contemporary political theory perspectives on 'democracy' and the concept of the 'political' to develop a conceptual framework for a normative analysis on blockchain-based governance. This selection follows the research principles of affirmative and diffractive reading as offered by New Materialism which recognizes the constructive effect of research on its object. The practice will entail reading different perspectives on 'the political', 'democracy', and 'justice' through each other, selectively constructing a research apparatus to observe their interference through which the object of this study, blockchain, can be normatively understood.

Subject Keywords

blockchain, governance, democracy, justice

URI

https://hdl.handle.net/11511/101278

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Graduate School of Social Sciences, Thesis

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Citation Formats

S. Cubukcuoglu, “Coding The Governance: Different Models of Blockchain-Based Governance Systems,” M.S. - Master of Science, Middle East Technical University, 2022.