Understanding the Blockchain Economy: An Introduction to Institutional Cryptoeconomics

Author:   Chris Berg ,  Sinclair Davidson ,  Jason Potts
Publisher:   Edward Elgar Publishing Ltd
ISBN:  

9781788974998


Pages:   224
Publication Date:   30 August 2019
Format:   Hardback
Availability:   To order   Availability explained
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Understanding the Blockchain Economy: An Introduction to Institutional Cryptoeconomics


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Overview

Offering the first scholarly analysis of the economic nature of blockchains and the formation of the blockchain economy, this timely book explores the future of global capitalism. Applying the institutional economics of Ronald Coase and Oliver Williamson, the authors highlight how blockchains are poised to reshape the nature of firms, governments, markets and civil society. Chapters apply basic economic principles to explore blockchains and distributed ledger technologies through the framework of institutional economics. The book suggests ways in which cryptocurrencies such as Bitcoin may develop further in the future, bringing us back to a barter economy which removes the need for a third person in economic transactions. Outlining a ledger-centric view of the economy, the authors explore how blockchains and dehierarchalisation will reduce the demand for government regulation. Institutional economists and scholars will greatly appreciate the thorough analysis of the development of institutional cryptoeconomics and insight into the future of blockchains that this book offers. Computer and technology scientists will also find this book to be a valuable read, as well as those working specifically in the blockchain industry.

Full Product Details

Author:   Chris Berg ,  Sinclair Davidson ,  Jason Potts
Publisher:   Edward Elgar Publishing Ltd
Imprint:   Edward Elgar Publishing Ltd
Dimensions:   Width: 15.60cm , Height: 1.80cm , Length: 23.40cm
Weight:   0.486kg
ISBN:  

9781788974998


ISBN 10:   1788974999
Pages:   224
Publication Date:   30 August 2019
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   To order   Availability explained
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

Table of Contents

Contents 1. Introduction 2. The institutional economics of blockchain 3. The Universal Turing Institution 4. The microfoundations of ledgers 5. Money, dequity, and the barter economy of the future 6. Supply chains and identity 7. The V-form organisation and the future of the firm 8. Public policy in a blockchain era 9. Capitalism after Satoshi 10. Conclusion References Index

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Chris Berg, Sinclair Davidson and Jason Potts, RMIT Blockchain Innovation Hub, School of Economics, Finance and Marketing, RMIT University in Melbourne, Australia

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