Understanding the Blockchain Economy: An Introduction to Institutional Cryptoeconomics

Understanding the Blockchain Economy: An Introduction to Institutional Cryptoeconomics
ISBN-10
1788975006
ISBN-13
9781788975001
Category
Business & Economics
Pages
224
Language
English
Published
2019
Publisher
Edward Elgar Publishing
Authors
Jason Potts, Chris Berg, Sinclair Davidson

Description

Blockchains are the distributed ledger technology that powers Bitcoin and other cryptocurrencies. But blockchains can be used for more than the transfer of tokens – they are a significant new economic infrastructure. This book offers the first scholarly analysis of the economic nature of blockchains and the shape of the blockchain economy. By applying the institutional economics of Ronald Coase and Oliver Williamson, this book shows how blockchains are poised to reshape the nature of firms, governments, markets, and civil society.

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