
Blockchain and the Digital Economy
The Socio-Economic Impact of Blockchain Technology
- English
- ePUB (mobile friendly)
- Available on iOS & Android
Blockchain and the Digital Economy
The Socio-Economic Impact of Blockchain Technology
About this book
Blockchain technology has the potential to disrupt digital interaction across our economy and society. As the internet has changed our lives, the potential for blockchain and distributed ledger technologies to do the same is considerable. Fred Steinmetz, Lennart Ante and Ingo Fiedler assess this rapidly developing technology and its imminent economic and societal impact.
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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Information
Table of contents
- Cover
- Half Title
- Title Page
- Copyright Page
- Contents
- Preface
- Figures and tables
- 1. Introducing blockchain
- 2. Blockchain’s basic components
- 3. Potential and actual socio-economic impacts of blockchain
- 4. Applications of blockchain technology in different domains
- 5. Conclusion: possible directions of blockchain
- References
- Index