Over the last few years, we have witnessed an upsurge of enthusiasm about cryptocurrencies and, more generally, the so-called blockchain technology. In this new and updated edition, the authors explore what exactly these new technologies entail and promise. They argue that to understand the potential challenges and further developments in the market, one needs to develop an understanding of what needs these innovations fulfill and what business models are consistent with their use. For that, we need to sufficiently understand both the technology and how it affects the economic forces at play. This book goes beyond the headlines that say blockchain will decentralize everything and provides in-depth, rigorous analysis of what can be effectively decentralized and how this decentralization will work. The book draws not only on the general knowledge of digital currencies and blockchain technologies, but also on recent academic research on the topic. Featuring a fully updated chapter on cryptocurrencies and new chapters on smart contracts and enterprise blockchains, this book is critical reading for those interested in how technology developments impact business and society. Hanna Halaburda is Associate Professor of Technology, Operations and Statistics at the Stern School of Business at New York University, USA. Previously, she was on an assistant professor at Harvard Business School, USA; a visiting scholar at Columbia University, USA; and a senior economist at the Bank of Canada. Her research specializes in the economics of digital currencies, platform competition, and the impact of technology on firms' strategy. Miklos Sarvary is the Carson Family Professor of Business at Columbia Business School, USA, where he serves as Faculty Director of the Media and Technology Program. Previously, he was on the faculty at Stanford University, USA; Harvard University, USA; and INSEAD. His research has focused on information and news markets, social network competition and, more recently, online advertising effectiveness. Guillaume Haeringer is Associate Professor at the Zicklin School of Business at Baruch College, USA. Previously he was visiting faculty at Stanford University, USA; on the faculty at the Universitat Autonoma de Barcelona, Spain; lecturer at the University of Warwick, UK. His research focuses on market design, matching theory, game theory and the economics of cryptocurrencies.
Introduction -- What is bitcoin? -- Benefits -- Challenges -- Regulation -- Policy recommendations -- Conclusion
One of the main challenges for anyone trying to get familiar with these topics is the question of "Where should I start?" This is exactly what prompted me to write this book.
The Book of Satoshi provides a convenient way to parse through what Bitcoin's creator wrote over the span of the two years that constituted his "public life" before he disappeared from the Internet ... at least under the name Satoshi ...
I've introduced many people to blockchain, so I know where beginners usually get confused and the main questions they have. All of the basic principles are addressed step-by-step in this book." -- Provided by publisher.
" F.A.Q. Who is this book written for? If you own any cryptocurrency or cryptoasset tokens, this book is for you. If you use an exchange to buy and sell cryptoassets, this book is for you.
In this book, Andreas explains why bitcoin is a financial and technological evolution with potential far exceeding the label "digital currency.
The Blockchain: A Guide for Legal and Business Professionals
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This study, commissioned by the European Parliament's Policy Department for Citizens' Rights and Constitutional Affairs at the request of the TERR Committee, explores the terrorist financing (TF) risks of virtual currencies (VCs), including ...
The author calls this novel power projection tactic "softwar" and explores its potential impact on national strategic security in the 21st century.