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The purpose of this paper is to conceptualise the chief aspects of policy interest in blockchain technology. Favourable policy dispositions towards blockchain technology are interpreted as political efforts to develop local, blockchain-enabled economies. So-called "crypto-friendly" jurisdictions...
Persistent link: https://www.econbiz.de/10012898757
In this paper we provide a brief survey of the potential of blockchain technology to propel a process of private entrepreneurial discovery of institutions that challenge state hegemony. Entrepreneurs now have access to new tools to develop decentralised private governance across areas which have...
Persistent link: https://www.econbiz.de/10012850633
The proposition that constitutional rules serve as permanent, fixed points of interaction are challenged by observations of contestable rule amendment and the emergence of de facto authority. This observation not only applies to conventional political constitutions, but to the fundamental rules...
Persistent link: https://www.econbiz.de/10012850726
Persistent link: https://www.econbiz.de/10012223749
This paper presents ‘crypto public choice’ which examines the economics of collective decision making in the functioning of blockchain protocols and among related communities of users. We introduce the blockchain community to public choice theory and show how it can be applied to the study...
Persistent link: https://www.econbiz.de/10014033480