TY - JOUR
T1 - Anticipating the Economic Benefits of Blockchain
JF - Technology Innovation Management Review
Y1 - 2017
A1 - Melanie Swan
KW - blockchain
KW - cryptocurrencies
KW - cryptoeconomics
KW - cybersecurity
KW - digital asset registries
KW - digital goods
KW - distributed ledgers
KW - economics
KW - eWallet
KW - lightning network
KW - long tail markets
KW - payment channels
KW - programmable money
KW - smart assets
KW - smart contracts
KW - streaming money
AB - In this general overview article intended for non-experts, I define blockchain technology and some of the key concepts, and then I elaborate four specific applications that highlight the potential economic benefits of digital ledgers. These applications are digital asset registries, blockchains as leapfrog technology for global financial inclusion, long-tail personalized economic services, and net settlement payment channels. I also highlight key challenges that offset the potential economic benefits of blockchain distributed ledgers, while arguing that the benefits would outweigh the potential risks. The overarching theme is that an increasing amount of everyday operations involving money, assets, and documents could start to be conducted via blockchain-based distributed network ledgers with cryptographic security, and at more granular levels of detail. One economic implication of widespread blockchain adoption is that the institutional structure of society could shift to one that is computationally-based and thus has a diminished need for human-operated brick-and-mortar institutions.
PB - Talent First Network
CY - Ottawa
VL - 7
UR - http://timreview.ca/article/1102
IS - 10
U1 - Purdue University
Melanie Swan is a technology theorist in the Philosophy Department at Purdue University in West Lafayette, Indiana, United States. She is the author of the best-selling book Blockchain: Blueprint for a New Economy (2015), which has been translated into six languages. She is the founder of several startups including the Institute for Blockchain Studies, DIYgenomics, GroupPurchase, and the MS Futures Group. Ms. Swan's educational background includes an MBA in Finance and Accounting from the Wharton School of the University of Pennsylvania, an MA in Contemporary Continental Philosophy from Kingston University London and Université Paris 8, and a BA in French and Economics from Georgetown University. She is a faculty member at Singularity University and the University of the Commons, an Affiliate Scholar at the Institute for Ethics and Emerging Technologies, and an invited contributor to the Edge's Annual Essay Question.
ER -
TY - JOUR
T1 - Editorial: Blockchain (October 2017)
JF - Technology Innovation Management Review
Y1 - 2017
A1 - Chris McPhee
A1 - Anton Ljutic
KW - authentication
KW - Bitcoin
KW - blockchain
KW - cryptography
KW - digital identity
KW - economics
KW - healthcare
KW - internal audit
KW - services
KW - smart contracts
KW - transactions
KW - trust
PB - Talent First Network
CY - Ottawa
VL - 7
UR - http://timreview.ca/article/1108
IS - 10
U1 - Technology Innovation Management Review
Chris McPhee is Editor-in-Chief of the Technology Innovation Management Review. Chris holds an MASc degree in Technology Innovation Management from Carleton University in Ottawa, Canada, and BScH and MSc degrees in Biology from Queen's University in Kingston, Canada. He has nearly 20 years of management, design, and content-development experience in Canada and Scotland, primarily in the science, health, and education sectors. As an advisor and editor, he helps entrepreneurs, executives, and researchers develop and express their ideas.
U2 - Anton Ljutic is a futurologist with many interests, having been a professional musician in Germany, a programmer at IBM Rome, a professor of Economics and an early Internet telecommunications enthusiast and consultant in Montreal, a Head of the Government of Canada’s IT Security Learning Centre, and the founder and chair of the government’s Interdepartmental Committee on Security Training. He was founder and editor in the early 1990s of one of the earliest Internet ezines, Glosas News. He is a member of Blockchain Association of Canada (BAC) and a believer in political and economic decentralization through blockchain. He holds a Master of Arts degree from Carleton University in Ottawa, Canada, and a Diploma in Economics from the University of Zagreb, Croatia.
ER -