Decision support system for blockchain (DLT) platform selection based on ITU recommendations: A systematic literature review approach. (January 2023)
- Record Type:
- Journal Article
- Title:
- Decision support system for blockchain (DLT) platform selection based on ITU recommendations: A systematic literature review approach. (January 2023)
- Main Title:
- Decision support system for blockchain (DLT) platform selection based on ITU recommendations: A systematic literature review approach
- Authors:
- Kubler, Sylvain
Renard, Matthieu
Ghatpande, Sankalp
Georges, Jean-Philippe
Le Traon, Yves - Abstract:
- Abstract: Blockchain technologies, also known as Distributed Ledger Technologies (DLT), are increasingly being explored in many applications, especially in the presence of (potential) dis-/mis-/un-trust among organizations and individuals. Today, there exists a plethora of DLT platforms on the market, which makes it challenging for system designers to decide what platform they should adopt and implement. Although a few DLT comparison frameworks have been proposed in the literature, they often fail in covering all performance and functional aspects, adding that they too rarely build upon standardized criteria and recommendations. Given this state of affairs, the present paper considers a recent and exhaustive set of assessment criteria recommended by the ITU (International Telecommunication Union). Those criteria (about fifty) are nonetheless mostly defined in a textual form, which may pose interpretation problems during the implementation process. To avoid this, a systematic literature review regarding each ITU criterion is conducted with a twofold objective: (i) to understand to what extent a given criterion is considered/evaluated by the literature; (ii) to come up with 'formal' metric definition (i.e., on a mathematical or experimental ground) based, whenever possible, on the current literature. Following this formalization stage, a decision support tool called CREDO-DLT, which stands for "multiCRiteria-basEd ranking Of Distributed Ledger Technology platforms", isAbstract: Blockchain technologies, also known as Distributed Ledger Technologies (DLT), are increasingly being explored in many applications, especially in the presence of (potential) dis-/mis-/un-trust among organizations and individuals. Today, there exists a plethora of DLT platforms on the market, which makes it challenging for system designers to decide what platform they should adopt and implement. Although a few DLT comparison frameworks have been proposed in the literature, they often fail in covering all performance and functional aspects, adding that they too rarely build upon standardized criteria and recommendations. Given this state of affairs, the present paper considers a recent and exhaustive set of assessment criteria recommended by the ITU (International Telecommunication Union). Those criteria (about fifty) are nonetheless mostly defined in a textual form, which may pose interpretation problems during the implementation process. To avoid this, a systematic literature review regarding each ITU criterion is conducted with a twofold objective: (i) to understand to what extent a given criterion is considered/evaluated by the literature; (ii) to come up with 'formal' metric definition (i.e., on a mathematical or experimental ground) based, whenever possible, on the current literature. Following this formalization stage, a decision support tool called CREDO-DLT, which stands for "multiCRiteria-basEd ranking Of Distributed Ledger Technology platforms", is developed using AHP and TOPSIS, which is publicly made available to help decision-maker to select the most suitable DLT platform alternative (i.e., that best suits their needs and requirements). A use case scenario in the context of energy communities is proposed to show the practicality of CREDO-DLT. Highlights: Blockchain (DLT) standardization initiatives are reviewed. To what extent ITU's DLT assessment criteria are covered in literature is studied. A mathematical formalizations of the ITU recommendations are proposed. A decision support tool (CREDO-DLT) is designed for DLT platform selection. An energy community use case is developed to show the practicality of CREDO-DLT. … (more)
- Is Part Of:
- Expert systems with applications. Volume 211(2023)
- Journal:
- Expert systems with applications
- Issue:
- Volume 211(2023)
- Issue Display:
- Volume 211, Issue 2023 (2023)
- Year:
- 2023
- Volume:
- 211
- Issue:
- 2023
- Issue Sort Value:
- 2023-0211-2023-0000
- Page Start:
- Page End:
- Publication Date:
- 2023-01
- Subjects:
- Blockchain -- Distributed Ledger Technology -- Decision support system -- Multicriteria decision making -- Analytic hierarchy process -- TOPSIS
Expert systems (Computer science) -- Periodicals
Systèmes experts (Informatique) -- Périodiques
Electronic journals
006.33 - Journal URLs:
- http://www.sciencedirect.com/science/journal/09574174 ↗
http://www.elsevier.com/journals ↗ - DOI:
- 10.1016/j.eswa.2022.118704 ↗
- Languages:
- English
- ISSNs:
- 0957-4174
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 3842.004220
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 24122.xml