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BLOCKCHAIN AND THE DIGITAL ECONOMY

The Socio-Economic Impact of Blockchain Technology

BLOCKCHAIN AND THE DIGITAL ECONOMY
Genre:

Economy & Politics

Author:

Fred Steinmetz, Lennart Ante & Ingo Fiedler

Publisher:

Agenda Publishing

Language:

AUTHOR BIO:

Fred Steinmetz is co-founder of the Blockchain Research Lab and Research Associate at Universität Hamburg. He researches on the economic potentials and societal impacts of blockchain technology applications, which includes ETIBLOGG, a publicly funded project for applying distributed ledger technology in energy trading. Fred holds a Master of Science in business administration and co-founded Badgeport, a marketing platform for blockchain startups. Lennart Ante studied business administration at ...

Pages:

208

Publication:

Rights available:

All except sold

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DESCRIPTION:

The ideas behind blockchain technology stem from an open-source movement and build on existing technology to facilitate the exchange of value in general and assets in particular via a protocol on top of the internet. Current platform-based business structures face the risk of being replaced by evolving decentralized ecosystems and individuals are set to become empowered by sovereignty over their digital data and footprints.

The book begins by explaining the key concepts of blockchain technology and presents an overview of the involved technical and economic elements. These form the basis for a discussion of the socio-economic implications of this new technology. This is followed by an in-depth analysis of significant case studies in the sectors of energy, digital identity, capital markets, logistics and gambling that outline the risks and benefits of the technology. The book strives to be non-technical and accessible, and to demystify the functionalities of blockchains and their potential for a range of readers in the wider social sciences.

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