Understanding the Blockchain Economy (Innbundet)

An Introduction to Institutional Cryptoeconomics

Serie: New Horizons in Institutional and Evolutionary Economics series 


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Forfatter: , og
Innbinding: Innbundet
Utgivelsesår: 2019
Antall sider: 224
Forlag: Edward Elgar Publishing Ltd
Språk: Engelsk
ISBN/EAN: 9781788974998
Kategori: Data og Matematikk
Omtale Understanding the Blockchain Economy
Offering the first scholarly analysis of the economic nature of blockchains and the formation of the blockchain economy, this timely book explores the future of global capitalism. Applying the institutional economics of Ronald Coase and Oliver Williamson, the authors highlight how blockchains are poised to reshape the nature of firms, governments, markets and civil society.

Chapters apply basic economic principles to explore blockchains and distributed ledger technologies through the framework of institutional economics. The book suggests ways in which cryptocurrencies such as Bitcoin may develop further in the future, bringing us back to a barter economy which removes the need for a third person in economic transactions. Outlining a ledger-centric view of the economy, the authors explore how blockchains and dehierarchalisation will reduce the demand for government regulation.

Institutional economists and scholars will greatly appreciate the thorough analysis of the development of institutional cryptoeconomics and insight into the future of blockchains that this book offers. Computer and technology scientists will also find this book to be a valuable read, as well as those working specifically in the blockchain industry.

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