Chapter 1 of the book explores the historical foundations of decentralized structures, starting with early hominids through Imperial China and the American Revolution. The primary goal of the chapter is to witness the central-decentral dichotomy in its evolutionary context to understand more...

The evolution of blockchain technology as a foundational and transformational technology helps solve critical societal problems. Blockchain technology enables sustainability-focused blockchain initiatives to achieve their social and public welfare objectives. Using a dataset of...

The authors examine the emergence and proliferation of stable cryptocurrencies and their uses. After evaluating the core shortcomings associated with fiat currencies, the authors highlight the benefits of stable cryptocurrencies for monetary policymaking, overall market stability, and their...

Existing valuation metrics for legacy assets only limitedly apply in the context of digital assets. The valuation infrastructure in the current legal, accounting, technology, and back-office framework in combination with the immaturity of the digital asset market create an environment of digital...

Decentralization cannot evolve in a vacuum. As decentralized technology becomes increasingly available, its application, adaptation, and evolution depend on society’s acceptance and use of the technology. While improved decentralized incentive designs can accelerate adoption, design alone will...

Decentralized systems enhance future algorithmic applications. Centralized algorithmic automation is a very powerful tool for humanity. It fulfills increasingly important roles in society for the betterment of humanity. It optimizes human interaction, outputs, and performance and can elevate...

The article shows that the technological precursors of decentralization require a reexamination of technological infrastructure for decentralized systems. Highlighting the past and present events in technology development that helped usher in the age of decentralization, the article examines the...

This article discusses the historical most relevant types of decentralization that helped usher in the age of decentralization. Key components of decentralization that are discussed herein include: decentralization of science, technological decentralization, organizational decentralization,...

Hedge fund advisers' systemic risk disclosure obligations under Title IV of the Dodd-Frank Act and SEC implementation rules may have unanticipated future applications and knock-on effects on other areas of the law and hedge fund practices. Federal Bankruptcy Rule 2019 (Rule 2019) has been the...