Cryptoeconomics
File Type: Document, Infographic
https://www.blockchainresearchinstitute.org/project/cryptoeconomics/
Jan 13, 2020 - This project is an executive’s guide to the emerging field of cryptoeconomics, the study of individual and collective choices in blockchain-based environments. These environments are more difficult to change than other software ecosystems, and so their creators must design them very thoughtfully. The authors provide a framework for economic design and walk through the phases of the design process. Through the case studies of Nestlé OpenSC, AXA fizzy, and the Synaptic Health Alliance, they analyze the challenges that stakeholders face in governing blockchain projects, and they explain why many projects fail to achieve their goals. It is a m...
Keyword: asymmetric information,
AXA,
game theory,
Humana,
incentive layer,
management,
monetary policy,
moral hazard,
Nestlé,
Oracle,
Quest Diagnostics,
SDG 12,
token layer
Governance Of Blockchain Systems
File Type: Document, Infographic
https://www.blockchainresearchinstitute.org/project/governance-of-blockchain-systems/
Jun 27, 2018 - Decentralization, hashing functions, public key cryptography, and smart contracts are advantageous design features of blockchain systems. These require the coordination of multiple and diverse actors with differing incentives—cryptoeconomics—to solve any problems that arise. This research examines the impact of governance on these systems. Specifically, it explores governance needs at three levels of the blockchain stack: the Internet layer, the blockchain layer, and the application layer, including the deployment of decentralized applications (Dapps). De Filippi and McMullen explain the difference between governance by the infrastructure...
Keyword: Aragon,
carbonvote,
Civic,
cryptoeconomics,
CryptoKitties,
DAOstack,
Dapp framework,
decentralized autonomous organization,
deep packet inspection,
distributed application,
District0x,
Ethereum improvement proposal,
Gnosis,
governance,
law & regulation,
MD5 algorithm,
Multisig,
net neutrality,
off-chain,
on-chain,
Open Zeppelin,
Sapien,
SDG 12,
stewardship,
technology
Standardized and Decentralized
File Type: Document, Infographic
https://www.blockchainresearchinstitute.org/project/standardized-and-decentralized-rethinking-the-blockchain-stack/
Feb 28, 2018 - This project looks at the three layers of the blockchain stack—protocol, consensus, and economic—from logical and technical points of view; and it distinguishes between two types of standardization, semantic and technological. It should help executives and investors to understand the implementation challenges—such as scalability, energy consumption, and governance of each layer—and the problems that the blockchain community is attempting to solve with each innovation.
Keyword: Arun Devan,
Bitcoin,
consensus mechanism,
David Xiao,
ERC-20,
Ethereum,
Joel Monegro,
New York Agreement,
proof of stake,
proof of work,
SDG 9,
technology,
Vitalik Buterin
A New Look at Bitcoin
File Type: Document, Infographic
https://www.blockchainresearchinstitute.org/project/a-new-look-at-bitcoin/
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...
Keyword: Blockstream,
Casper,
Eltoo,
financial services,
Kering,
Knøx,
Lightning Network,
Liquid,
Merkle tree,
Miniscript,
Schnorr,
SDG 9,
sidechain,
Taproot,
technology,
Veriphi,
Zcash
The Token Economy: When Money Becomes Programmable
File Type: Document, Infographic, Video
https://www.blockchainresearchinstitute.org/project/the-token-economy-when-money-becomes-programmable/
Sep 28, 2017 - A new phenomenon—initial coin offerings—enabled through blockchain technology is upending basic tenets of twentieth-century capitalism. This project frames the opportunity in terms of addressing the tragedy of the commons. He studies the development and ramification of the emerging token economy and walks through the landscape of token types. He previews the economic effects of digital scarcity, tokens as powerful incentives, and the legal and policy ramifications for securities law and property rights.
Keyword: cryptoasset,
cryptocommodity,
cryptocurrency,
financial services,
ICO,
SDG 12,
SDG 13,
SEC,
securities law,
technology,
token,
tragedy of the commons
Enabling Enterprise Transformation with Blockchain
File Type: Document, Infographic
https://www.blockchainresearchinstitute.org/project/enabling-enterprise-transformation-with-blockchain/
Mar 23, 2020 - This research focuses on blockchain as a platform for enterprise transformation in terms of operations, organizational structure, systems integration, new product development, and business model innovation. The featured case study shows how Canada's largest digital payments company is using blockchain to seize new opportunities in the highly regulated energy and health care sectors, primarily through a blockchain-powered app that offers consumers monetary incentives paid in real time for changing their behavior. The case underscores the importance of organizational governance, culture, and fresh approaches to accessing skills and talent.
Keyword: Alectra,
Circulor,
corporate social responsibility,
electric vehicle,
Heart and Stroke Foundation of Canada,
IBM,
Interac,
management,
SDG 3,
SDG 8,
The Working Group,
World Food Programme
