transitioning of global financial systems towards cryptographic assets, notably blockchain-based cryptocurrencies and smart … the ability to directly compromise the cryptographic foundations of blockchain. We explore this complex interplay by …

Investment is a function of expected profit, which involves calculation of the cost of trust. Blockchain technology is … that the adoption of blockchain technology into the economy will affect investment and capital structure. Using a broad … Austrian economic approach, we examine how blockchain technology will affect the cost of trust, patterns of investment, and …

investment might be a key factor in the adoption and development of this technological innovation. Governments can use blockchain … revolutionary origins, blockchain applications are likely to need government cooperation to facilitate adoption and the development … of the blockchain economic system …

Contents 1. Introduction -- 2. The institutional economics of blockchain -- 3. The universal turing institution -- 4 … identity -- 7. The V-form organisation and the future of the firm -- 8. Public policy in a blockchain era -- 9. Capitalism …"Offering the first scholarly analysis of the economic nature of blockchains and the formation of the blockchain …

technology. Blockchain technology aims to coordinate action in a world of incomplete information and opportunism, but the … governance arrangements in blockchain protocols remain far from settled. Drawing upon recent theoretical developments regarding … constitutional change, we interpret changes to the fundamental working rules of blockchain protocols as central to the adaptive …

Abstract. Blockchain (or crypto) foundations are nonprofit organizations that supply public goods to a crypto …, i.e. raising a public treasury and allocating resources to blockchain specific capital works, education, R&D, etc., to … quality chain could afford to do (Spence 1973). We review these two models of the economic function of a blockchain foundation …