Blockchains as Implementable Mechanisms: Crypto-Ricardian Rent and a Crypto-Coase Theorem
We suggest that the promise of blockchains is to be found not merely in the more proximate fact that they are immutable ledgers, but the broader impact that comes from blockchains as a template for mutable design. We discuss mechanism design theory to suggest where blockchains may or may not be seen...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
The British Blockchain Association
2018-09-01
|
| Series: | The Journal of The British Blockchain Association |
| Online Access: | https://doi.org/10.31585/jbba-1-2-(4)2018. |