LEE- İşletme-Yüksek Lisans

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http://hdl.handle.net/11527/19307

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  • Öge
    Beyond digitalisation: Designing a roadmap for Block-chain embedded performance management systems
    (Graduate School, 2022-01) Ayrancı, Furkan ; Bolat, Hür Bersam ; 403181010 ; Management
    We would be sure of that Internet started building its own reputation many years ago, especially enabling of computers for talking to each other via synchronized protocols. In the meantime, civilizations regarded the security of interactions within the structure. The science or tool of technology was needed in fortification by providing encryption and decryption mechanism so it's not detectable by others. Cryptography was used to make transactions clear and safer by third party institutions. This defective system is wide open to abuse by means of unavoidable frauds. Satoshi Nakamoto who was known as the first-person introducing timestamping based on cryptographic roadmap for two intended aspects while exchanging stuff such as money, information and data (Nakamoto, 2008). In essence, humankind had a very critical impulse which led them invent an alternative way for interaction without centralized intermediaries such as M-Pesa initiative that found in Kenya enabling people trade mobile minutes between each other. They were unbanked, but they had cellular phones. They traded their minutes as a form of currency. This thought comprises the core of Blockchain Technology (BT). Time-stamped and appended data blocks, roots of this opinion have been running since the mid '90s. An auditable database, secured by cryptography, must in hold hash functions for tamper resistance and integrity. Digital signatures which have the public-key to private-key accord, are applied for consent. Another contrivance plays a crucial role called consensus protocol for selecting which data can be admitted to chain by addressing cost of trust. Well-known conflicting information sample of Byzantine Generals Problem, Nakamoto solved in order to prevent misleading information (Lamport et al., 1982). Blockchain Technology compounds both economics of verification and the economics of networking while adding certain costs on the contrary of conventional mediators then it lowers some other costs such as conflict resolution process. Data is registered officially via smart contracts which represents computer codes and algorithms. All of these properties ensure the system have uniqueness and it affects the perception of worthiness. Non-fungible Token (NFT) term was created with the indorsement of virtual money such as Bitcoin and Ethereum. Apart from financial operations, Blockchain has also opportunities to come under performance management world to do some things better in a way of strengthening accountability mechanism, constituting fairness in management methodologies, ameliorating labor performance evaluation criteria etc. In this study, an alternative guideline of BT embedded performance management systems implementation and potential added-value factors that are strengthened by smart contract protocols are debated throughout BT advantages.