The Economics of Blockchain and Cryptocurrency: A Transaction Costs Revolution
The Economics of Blockchain and Cryptocurrency: A Transaction Costs Revolution
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Blockchain technology will revolutionize social and economic life, providing reliable databases and rule-based governance protocols. This book explores its impact on law, monetary systems, supply chains, and business organizations, offering a vision for its future development and answering key questions. It is an excellent resource for academics and professionals interested in a theoretically sound perspective on blockchain.
Format: Hardback
Length: 222 pages
Publication date: 20 October 2022
Publisher: Edward Elgar Publishing Ltd
This groundbreaking book delves into the transformative potential of blockchain technology, offering a fresh perspective on how it will reshape the foundations of social and economic life. The robust security provided by blockchain ensures the reliability of databases and the development of rule-based governance protocols. Renowned experts in the field examine in depth the profound impact of blockchain on established legal frameworks, monetary systems, supply chains, and business organizations.
Drawing upon economic and institutional theory, the book presents a visionary roadmap for comprehending the future trajectory of blockchain technology. It outlines the transformative changes that blockchain will bring about in industries, supply chains, and firms. Furthermore, it addresses crucial questions such as the potential dominance of Bitcoin or other cryptocurrencies as the future currency, the early manifestations of blockchain's transformative effects on economic activity, and the methods for evaluating the likely evolution of technological development and its applications.
This comprehensive and accessible book serves as an invaluable resource for academics, professionals, and enthusiasts seeking a theoretically robust understanding of blockchain. Written in a clear and concise manner, it serves as an excellent introduction for those seeking to delve deeper into the wide-ranging implications of blockchain and cryptocurrency.
Dimension: 234 x 156 (mm)
ISBN-13: 9781800882331
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