The decentralized digital currency Bitcoin - and its underlying "blockchain" technology - has created much excitement … considers "blockchain 2.0" technologies with more overtly communitarian ideals and their potential for creating "cooperation at …

We develop a theory of blockchain governance. In our model, the proof-of-work system, which is the most common set of … services. We analyze the two-way interactions between blockchain governance and the market structure of the industries in the … blockchain ecosystem. Our main result is that the proof-of-work system leads to a situation where the governance of the …

Financial inclusion is strikingly low in emerging economies. In only a few years, financial technologies (fintech) have …-market implications of this rapid growth of fintech are not known. We build a model with a traditional banking system and endogenous … fintech intermediary creation and find that greater fintech entry delivers positive long-term effects on aggregate output and …

, Fintech and Green finance & investment. …