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Despite a growing interest, researchers and practitioners still struggle to transfer the blockchain concept introduced … information, this study analyzes the effect of the blockchain's public transparency paradigm on behavioral patterns and market … outcomes. In line with prior research, our findings indicate that the blockchain's shared record mitigates adverse selection …
Persistent link: https://www.econbiz.de/10011979156
Bitcoin, exchangeable for legal tender, and blockchain, the novel form of digital ledger technology it is based on, are …
Persistent link: https://www.econbiz.de/10012916518
We study the effects of technological change on financial intermediation, distinguishing between innovations in information (data collection and processing) and communication (relationships and distribution). Both follow historic trends towards an increased use of hard information and less...
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Blockchain may transform transactions the same way the Internet altered the dissemination and nature of information. If … remedied.To this end, this article introduces the first taxonomy of collusion on blockchain. The discussion then moves on to … sophisticated algorithms to collude in the blockchain environment, thus contributing to the literature solely focused on algorithms …
Persistent link: https://www.econbiz.de/10012850433
incentive problems of professional blockchain participants who contribute to the development and sales of the product. We argue …
Persistent link: https://www.econbiz.de/10012587665
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 …
Persistent link: https://www.econbiz.de/10012926194
The internet era has generated a requirement for low cost, anonymous and rapidly verifiable transactions to be used for online barter, and fast settling money have emerged as a consequence. For the most part, e-money has fulfilled this role, but the last few years have seen two new types of...
Persistent link: https://www.econbiz.de/10013017344
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