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An economic analysis of what distributed ledgers can do, examining key components and discussing applications in both developed and emerging market economies. Distributed ledger technology (DLT) has the potential to transform economic organization and financial structure. In this book, Robert Townsend steps back from the hype and controversy surrounding DLT (and the related, but not synonymous, innovations of blockchain and Bitcoin) to offer an economic analysis of what distributed ledgers can do. Townsend examines the key components of distributed ledgers, discussing, evaluating, and illustrating each in the context of historical and contemporary economics, and reviewing featured applications in both developed economies and emerging-market countries.
An economic analysis of what distributed ledgers can do, examining key components and discussing applications in both developed and emerging market economies. D
This textbook focuses on distributed ledger technology (DLT) and its potential impact on society at large. It aims to offer a detailed and self-contained introd
This practical introduction explains the field of Blockchain Economics, the economic models emerging with the implementation of distributed ledger technology. T
Blockchain and other trustless systems have gone from being relatively obscure technologies, which were only known to a small community of computer scientists a
This volume brings together a multidisciplinary group of scholars from diverse fields including computer science, engineering, archival science, law, business,
