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 …

apply Oliver Williamson's transactions cost analysis to the blockchain consensus mechanism. Blockchains reduce the costs of …