Nov 10, 2017 - In this research, Park explains that transparency is a design choice. Whether the blockchain is public and permissionless, such as the Bitcoin or Ethereum blockchains, or private and permissioned, such as Ripple or Hyperledger implementations, transactions are traceable with attribution of actions to identifiers. Therefore, the technology has a native high level of transparency. Users can still protect their privacy in both private and public blockchains: some methods are procedural and involve the smart usage of the protocol, whereas others are technological and use mathematics. Park argues for public disclosure even on permissioned blockcha...

Apr 30, 2018 - Hosted by BRI Managing Director Hilary Carter and featuring BRI faculty member and research contributor Andreas Park, Associate Professor of Finance at University of Toronto. The webinar explores the implementation, application, and possible regulation of distributed ledgers, and how it will critically affect information disclosure and economic interactions.

Jun 28, 2021 - This project reports on the state of the enterprise blockchain space. It begins with commentary on the state of the world writ large—from the pandemic’s effects on the economy and the global need for vaccinations to the K-shaped recovery and the consequences of helicopter money (e.g., inflation). It covers a series of developments relevant to enterprise users: the price volatility of cryptocurrencies, the shortcomings of consensus mechanisms for enterprise needs, the growth of stablecoins, the status of tokenless blockchains and blockchain-as-a-service offerings, and the latest on central bank digital currencies (e.g., China’s digital c...

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.

Nov 28, 2019 - Written in a conversational style, this guide is aimed at people new to blockchain technology and interested in boosting their careers or identifying business opportunities for themselves or their organizations. It unpacks confusing blockchain jargon with lots of examples, and it covers what every professional needs to know about this area of innovation. Its appendix provides a range of activities for learning more and developing hands-on experience with the technology. The author’s goal is to help readers understand the role of blockchain as a disruptive force in their industries, their organizations, and their careers.

Jan 29, 2018 - This research paper explains how distributed ledgers will serve as open platforms for the fourth industrial revolution, enabling the integration of additive manufacturing, augmented reality, artificial intelligence, the Internet of Things, and big data analytics across supply chains, from design and sourcing to delivery and usage. It illustrates the concepts of smart products, smart factories, digital end-to-end engineering, and mass customization through use cases.