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Kim Peiter Jørgensen

Publications and source records attributed to Kim Peiter Jørgensen.

2 recordsLinked to original sources

Beyond Platforms -- Growing Distributed Transaction Networks for Digital Commerce

We talk of the internet as digital infrastructure; but we leave the building of rails and roads to the quasi-monopolistic platform providers. Decentralised architectures provide a number of advantages: They are potentially more inclusive for small players; more resilient against adversarial events; and seem to generate more innovation. However, it is not well understood how to evolve, adapt and govern decentralised infrastructures. This article reports qualitative empirical research on the development and governance of the Beckn Protocol, an open source protocol for decentralised transactions, the successful development of domain-specific adaptations, and implementation and scaling of commercial infrastructures based on it. It explores how the architecture and governance support local innovation for specific business domains, and how the domain-specific innovations feed back into the development of the core concept The research applied a case study approach, combining interviews with core members of the Beckn community; triangulated by interviews with community leaders of domain specific adaptations and by analysis of online documents and the protocol itself. The article shows the possibility of such a decentralised approach to IT Infrastructures. It analyses the Beckn Protocol, domain specific adaptations, and networks built as a software ecosystem. Based on this analysis, a number of generative mechanisms, socio-technical arrangements that support adoption, innovation, and scaling of infrastructures are highlighted.

cs.CY↗

Wallets as Universal Access Devices

Wallets are access points for the digital economys value creation. Wallets for blockchains store the end-users cryptographic keys for administrating their digital assets and enable access to blockchain Web3 systems. Web3 delivers new service opportunities. This chapter focuses on the Web3 enabled release of value through the lens of wallets. Wallets may be implemented as software apps on smartphones, web apps on desktops, or hardware devices. Wallet users request high security, ease of use, and access of relevance from their wallets. Increasing connectivity, functionality, autonomy, personal support, and offline capability make the wallet into the user's Universal Access Device for any digital asset. Through wallet based services, the owner obtains enhanced digital empowerment. The new Web3 solutionareas, Identity and Decentralisation, enable considerable societal effects, and wallets are an integral part of these. One example is self sovereign identity solutions combined with wallet borne AI for personalised support, empowering the enduser beyond anything previously known. Improved welfare is foreseen globally through enlarged markets with collaborative services with drastically lowered transaction costs compared to today, the expected vastly increased levels of automation in society necessitate enhanced enduser protection. As wallets are considered a weak spot for security, improving overall security through blockchains is essential.

cs.CR↗