The impact of blockchain technology on information technology governance

Abstract : This dissertation forms a hypothesis that Blockchain technology is giving rise to a new form of enterprise IT governance. Blockchain is a computational design that first emerged as the technology underpinning the popular cryptocurrency Bitcoin. Despite its use in cryptocurrency, it has an array of different use cases that may significantly impact the global economy. Some areas that Blockchain will affect were never truly re-engineered by the internet era, namely Economics and Governance. This dissertation is a qualitative exploration and analysis of blockchain’s impact on Information Technology Governance. The research unpacks these implications by comparing governance in hierarchical organisations and decentralised autonomous organisations. The primary data is attained through a questionnaire and the secondary data from a case study. The research contains two literature reviews on Blockchain and IT governance. The primary finding of this research reveals that although conventional IT Governance will still be used in the future, fifty percent of the sentiments shared by subject matter experts indicate that unconventional governance will take precedence with decentralised autonomous organisations. This implies that changes in traditional governance frameworks may be required in the future.M.Com. (Information Technology Management