Understanding the Blockchain Economy An Introduction to Institutional Cryptoeconomics

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Understanding the Blockchain Economy An Introduction to Institutional Cryptoeconomics

Chris Berg, Sinclair Davidson and Jason Potts

ISBN10: 1788974999

ISBN13: 978-1788974998

Understanding the Blockchain Economy An Introduction to Institutional Cryptoeconomics

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title Understanding the Blockchain Economy
subtitle An Introduction to Institutional Cryptoeconomics
authors Chris Berg
publisher Edward Elgar Publishing
publishedDate 2019-08-30
description 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.
pageCount 256
printType BOOK
maturityRating NOT_MATURE
panelizationSummary
language en
canonicalVolumeLink https://books.google.com/books/about/Understanding_the_Blockchain_Economy.html?hl=&id=5AdewwEACAAJ

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