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Building Better Blockchain Artefacts

Written by @apieconomy | Published on 2024/6/4

TL;DR
This paper describes a 6-month design science research (DSR) project to develop a blockchain artifact for a major online brokerage. The authors used a cyclical workflow with stakeholder input to build, test, and refine the artifact. Unstructured interviews were conducted to gather user requirements, resulting in three key requirements for the current iteration.

Authors:

(1) Johannes Rude Jensen, University of Copenhagen, eToroX Labs (johannesrudejensen@gmail.com);

(2) Victor von Wachter, University of Copenhagen (victor.vonwachter@di.ku.dk);

(3) Omri Ross, University of Copenhagen, eToroX Labs (omri@di.ku.dk).

Abstract and Introduction

1 Literature Review

2 Methodology and Artefact Requirements

3 The Implementation and Integration of the Artefact

4 Artefact Evaluation

5 Discussion

6 Conclusion and Future Work, and References

2 Methodology and Artefact Requirements

The iteration of the artefact presented in this paper is the result of a 6-month development process involving key stakeholders from a hosting organization. The hosting organization is a major international online brokerage with a long-term strategic interest in blockchain technology. Working with the participating stakeholders, we selected the design science research (DSR) methodology (Gregor and Hevner 2013) guiding a “build-demonstrate-evaluate” workflow in which multiple cyclical iterations of the artefact were built, tested and evaluated (Fridgen, Urbach and Schweizer, 2017). We defined a six step process, denoting a feedback loop between development and evaluation of core components of the artefact.

Figure 1. The design science research workflow defining the project

The requirements for the present iteration of the artefact were gathered through multiple unstructured qualitative interviews with the stakeholders throughout the cyclical development process (Myers and Newman 2007). The authors of this paper played an integral role in the design and development of the artefact, working with the team of stakeholders in various roles (Table 1.).

Table 1. Stakeholders involved with the present iteration of the artefact

Through multiple iterations of the cyclical workflow, we defined a set of three tentative requirements, applied to the iteration of artefact presented in this paper (Table 2).

Table 2. The artefact requirements posed for the present iteration of the he artefact

This paper is available on arxiv under CC BY 4.0 DEED license.

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Written by
@apieconomy
APIs irrefutably changed the digital economy. The exchange of information at scale. Read The API Economy Trends Report.

Topics and
tags
crypto-api|blockchain-api|leveraged-trading|blockchain-technology|dai-stablecoin-system|ethereum-blockchain|cryptocurrency-exchange|financial-technology
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