This short article introduces blockchain technology and outlines its significance for cultural and creative industries …

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 …

immutable decentralised public ledger. When the ledger records money, a blockchain is a cryptocurrency, such as bitcoin. But … blockchain-based economic coordination and governance. We claim that blockchains are an instance of institutional evolution …

Web3, underpinned by blockchain technology, is an evolution of digital infrastructure, whereby protocol … trusted intermediaries. Existing blockchain experiments seek to create artist-centric business models, dismantling agency …, blockchain technology also enables artists to set the terms of their market participation. An emerging decentralised ‘internet of …

Drawing on economic transaction cost theory, this paper explores how blockchain and distributed ledger technology could …