The financial services industry is among the areas predicted to benefit the most from blockchain in the years to come. A key reason is that its ‘core functions of verifying and transferring financial information and assets very closely align with blockchain's core transformative impact' and it...

The blockchain could be the most consequential development in information technology since the internet. Created to support the Bitcoin digital currency, the blockchain is actually something deeper: A novel solution to the age-old human problem of trust. Its potential is extraordinary. Yet...

There are two kinds of legal rules for communications networks, such as the Internet and the telephone system. Interconnection rules define how and when networks must exchange traffic with each other, and non-discrimination rules prevent networks from favoring some customers' traffic over...

Communications networks are the basic infrastructure of the digital age. The future of news, business, interaction, entertainment, health care, education, and many other areas will be built on top of these platforms. Network infrastructure is the dividing line between the old physical economy of...

Some policymakers and scholars view cryptocurrencies as conduits of illegality and fraud, which therefore should be tightly regulated. Others warn that regulation could simply cause trading activity to cross borders into less-regulated jurisdictions—or even smother a promising new financial...

Nearly fifty years after FCC Chairman Newton Minow blasted broadcast television as a "vast wasteland," the FCC has the opportunity create a verdant new oasis of wireless connectivity. The long-dormant “white spaces” around broadcast TV channels may soon be opened to new forms of...

This article envisions the foundational infrastructure for a true wireless Internet. The domain name system (DNS) for addressing allowed the Internet to scale as a decentralized, loosely-coupled system. A similar system for the wireless communication would allow devices to negotiate frequently...

If there is a sector of the economy that should embrace network-based thinking, it is telecommunications. Surprisingly, the opposite is the case. The leading firms building telecommunications and Internet infrastructure increasingly emphasize consolidation, hierarchy, and exclusive control,...

We live in a world of increasingly universal connectivity. Yet our legal system presumes that people are isolated from one another. In a diverse array of doctrinal areas, law encodes the assumption that direct tracking of individual activities is the exception, rather than the rule. With the...

Today, communications regulators mechanically apply outmoded categories to novel converged services. As a result, they create irresolvable contradictions and force hair-splitting distinctions that seldom hold up under the strain of judicial review or market forces. Policy-makers should...