Understanding the blockchain economy: an introduction to institutional cryptoecnomics

by Berg, Chris, (Research fellow)

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Title Statements

Full title :Understanding the blockchain economy : an introduction to institutional cryptoecnomics / Chris Berg, Sinclair Davidson, Jason Potts.

Summary

"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"--

Edition Statements

Publication Date:2019

Publication Statements

Publisher(s):Edward Elgar Publishing
Place of Publication:Cheltenham, UK
Language:eng
Publication Date:2019

The Physical Object

Description:1 ressource en ligne (xi, 203 pages).

Edition Identifiers

ISBN:1788975006, 9781788975001
oclc:on1157036190
LC Classification:HG1710
Dewey Decimal:332.4

1. Introduction -- 2. The institutional economics of blockchain -- 3. The universal turing institution -- 4. The microfoundations of ledgers -- 5. Money, dequity, and the barter economy of the future -- 6. Supply chains and identity -- 7. The V-form organisation and the future of the firm -- 8. Public policy in a blockchain era -- 9. Capitalism after Satoshi -- 10. Conclusion -- References -- Index.