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 …

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 …

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

What are the long-run economic and policy consequences of wide-spread blockchain technology adoption? We examine the …, and discuss policy settings for an economy coordinated with blockchain infrastructure and associated distributed digital … trust and coordination). We argue that the institutional innovation of blockchain engenders a new post-industrial economic …

What are the long-run economic and policy consequences of wide-spread blockchain technology adoption? We examine the …, and discuss policy settings for an economy coordinated with blockchain infrastructure and associated distributed digital … trust and coordination). We argue that the institutional innovation of blockchain engenders a new post-industrial economic …

Web3, underpinned by blockchain technology, is an evolution of digital infrastructure, whereby protocol facilitates the … direct exchange of value between users, removing the need for trusted intermediaries. Existing blockchain experiments seek to … and intellectual property management, contracting and governance, digital content storage and access, blockchain …

propelled modern globalisation. In this paper we analyse the application of blockchain to reduce the trade costs of producing … — such as paperless trade agendas — through the application of new technologies. Our focus is on how blockchain technology … information about goods as they move. We outline the potential economic consequences of blockchain supply chains before examining …

class of institutional technologies — most notably blockchain technology — lower the cost of institutional entrepreneurship … policy settings conductive to the adoption and use of blockchain technology would elicit entrepreneurial experiments in … institutional forms harnessing new coordinative possibilities in economic exchange. Conceptualisation of blockchain-related public …

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