May 21, 2019 - This research takes a deep dive into 5G and its challenges. Its authors, Charlie Morris and Dieter Fishbein, then shift the conversation to peer-to-peer mesh networks, which have the potential to disrupt the current monopolistic structure of the telecommunications industry around the world. What blockchain brings to the Internet stack is an incentive layer for rewarding participation.

Jul 31, 2020 - This research takes a fresh look at the Bitcoin network and its native currency, bitcoin. Its authors argue that, while the Bitcoin protocols have proven successful for financial applications, they have hindered scalability, privacy, and programmability. Because of these implementation challenges, some enterprise leaders have looked to Ethereum and other blockchain solutions. But other development teams have found innovative ways to evolve the Bitcoin network and its enterprise capabilities. By building directly on top of existing Bitcoin infrastructure, businesses can profit from its security and network effects without incurring the costs a...

Feb 09, 2021 - This research project surveys what federal governments can do to exploit the next era of technology across their operations, within their economies and society, and with their allies and global partners. It focuses on the threats and opportunities facing the United States—including China’s increasing dominance in global supply chains and strategic innovation. It also speaks to challenges the new administration faces, and recommends five areas for immediate action: securing digital systems, citizen identities, and personal data; embracing cryptocurrencies and launching a digital dollar; transforming government services and culture; engagin...

Sep 30, 2019 - This research explores the disruptive effects of blockchain technologies on central banking and the financial services industry. Its author discusses Facebook’s proposed cryptocurrency Libra, and how the other FAANG companies—that is, Amazon.com, Apple, Netflix, and Google—might respond with their own digital tokens. He introduces five transformations—cryptoassets, the tokenization of everything, blockchains as state machines, a new model for identity, and the nine forms of decentralized finance. He examines the challenges that incumbents and innovators face during this transition; and he previews the world of financial services in th...