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incentive problems of professional blockchain participants who contribute to the development and sales of the product. We argue …
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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 …
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We explore the economics and optimal design of "permissioned" distributed ledger technology (DLT) in a credit economy. Designated validators verify transactions and update the ledger at a cost that is derived from a supermajority voting rule, thus giving rise to a public good provision game....
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