Defining blockchain governance principles: A comprehensive framework

Blockchain eliminates the need for trusted third-party intermediaries in business by enabling decentralised architecture design software applications. However, vulnerabilities on-chain autonomous decision-makings and cumbersome off-chain coordination lead to serious concerns about blockchain's ability behave a trustworthy efficient way. governance has received considerable attention support decision-making process during use evolution of blockchain. Nevertheless, conventional frameworks do not apply blockchain due its distributed decision process. These inherent features absence clear source authority ecosystem. Currently, there is lack systematic guidance on Therefore, this paper, we present comprehensive framework, which elucidates an integrated view degree decentralisation, rights, incentives, accountability, ecosystem, legal ethical responsibilities. The above aspects are formulated as six high-level principles governance. We demonstrate qualitative analysis proposed including case studies five extant platforms, comparison with existing frameworks. results show that our framework feasible applicable real-world context.