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Blockchain: More than a hype? How the Blockchain can revolutionize compliance


Information on the Thesis

Type of Final Thesis: Bachelor, Master
Supervisor: Malte Greulich
Research Group: Critical Information Infrastructures

Archive Number: 4.412
Status of Thesis: Open
Date of start: 2019-02-04

Further Information
Background:

Recently, Distributed ledger technology (DLT; e.g., Blockchain) emerged as a means to enable immutable transactions between untrustworthy parties, which are kept in a consistent state through automated, algorithm-based consensus building mechanisms, thus eliminating the need for third-party trust enforcement. At the same time, companies across industries are facing growing challenges that result from an ever-increasing number of legislations, regulations (e.g., GDPR) and certifications (e.g., ISO 27001) that they need to comply with. As a result, companies need to improve their compliance management and also find effective means to communicate compliance to its customers. DLT can be regarded as a potentially suitable technology that can help address these challenges by providing a consistent state of relevant compliance information.


Objective(s):

The objective of this thesis (bachelor or master) is to examine DLT’s use (e.g., Blockchain) in compliance management. Writing a thesis in this context will also offers you the possibility to get in contact with a leading professional services firm, with which we are working together on this topic.


Introductory literature:

Edx, Blockchain for Business - An Introduction to Hyperledger Technologies. 2017. https://www.edx.org/course/blockchain-business-introduction-linuxfoundationx-lfs171x

Mishra, S. and Weistroffer, H. R. (2007) "A Framework for Integrating Sarbanes-Oxley Compliance into the Systems Development Process," Communications of the Association for Information Systems: Vol. 20, Article 44. DOI: 10.17705/1CAIS.02044

Pereira, R.; Silva, M.: IT Compliance Management Process Modeling Based on Best Practices Reference Models and Qualitative Data. In: 2013 17th IEEE International Enterprise Distributed Object Computing Conference Workshops (EDOCW). Vancouver, BC, Canada: IEEE, S. 178–187.

Underwood S (2016) Blockchain Beyond Bitcoin. Communications of the ACM 59(11):15–17.