Corruption-Transparency-Promoting Blockchain-Based Governance Models: A Comprehensive Literature Analysis

Abstract

Integrity and a lack of disclosure continue to be key concerns in global governance systems. These problems are frequently exacerbated by cluster structure and their exploitation by system controller. In addition, the absence of data authorities and internet companies' exploit of user data raises questions about transparency. In light of these issues, the purpose of this search is to analyze live “block chain-based governance” prototype and select best-practice governance prototype that prioritize corruption transparency, as well as their properties and elements. The research will also investigate how a token economy might assist address trusted third-party difficulties in asset ownership management. We also examine the influence of smart contracts, blockchain, decentralized autonomous organizations (DAO), Web 3.0, and multifaceted challenge set self-sovereign identification verification (MFSSIA) as current tools for preventing corruption and establishing transparency in government. To do this, we performed a systematic literature review (SLR) on peer-reviewed articles, conferences, and book sections published between 2012 and 2023. Using the SLR method, 45 primary and supporting studies were chosen for collection and analysis. Finally, we identified seven blockchain-based management simulations, alongside their characteristics and key components.