Journal of Economic, Business, and Administration JEBA
Vol. 5 No. 4 (2024): Journal of Economic, Business and Administration (JEBA)

DECENTRALIZED BUSINESS IN THE BLOCKCHAIN ERA: MAPPING RESEARCH TRENDS AND IDENTIFYING FUTURE RESEARCH DIRECTIONS

Datumula, Fadly Alan Nur (Unknown)



Article Info

Publish Date
15 Dec 2024

Abstract

The evolution of decentralized business models (DBMs) has fundamentally transformed the global economic landscape, shifting from its initial cryptocurrency-centric origins to a wide array of diverse industrial applications. This study aims to comprehensively map emerging research trends and identify critical knowledge gaps in the field of decentralized business during the current blockchain era. Employing a rigorous Systematic Literature Review (SLR) and bibliometric analysis through the PRISMA framework, a total of 142 eligible documents retrieved from the Scopus database (covering the period 2017–2023) were meticulously analyzed. The findings reveal three distinct evolutionary phases: the initiation phase (2017–2018), stable development (2019–2021), and a recent period of rapid acceleration (2022–2023). Detailed keyword clustering identifies Decentralized Finance (DeFi), Smart Contracts, and Decentralized Autonomous Organizations (DAOs) as the dominant thematic pillars of current academic discourse. Geographically, a "triad" of global leaders consisting of China, the United States, and India dominates the majority of the published research. Despite this rapid growth, significant challenges persist, particularly regarding network scalability, complex regulatory frameworks, and domain-specific security vulnerabilities. This study provides a strategic roadmap for future research, emphasizing the necessary convergence of blockchain technology with the Internet of Things (IoT) and Artificial Intelligence (AI) to foster more automated, transparent, and secure industrial ecosystems for the future global economy.

Copyrights © 2024






Journal Info

Abbrev

JEBA

Publisher

Subject

Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences Other

Description

The Journal of Economics, Business and Administration (JEBA) is professionally managed to help academics, researchers and practitioners to disseminate their research results. Journal of Economics, Business and Administration (JEBA) is a peer-reviewed blind journal dedicated to the publication of ...