The Blockchain and the New Architecture of Trust

The Blockchain and the New Architecture of Trust by Kevin Werbach

How the blockchain--a system built on foundations of mutual mistrust--can become trustworthy.

The blockchain entered the world on January 3, 2009, introducing an innovative new trust architecture: an environment in which users trust a system--for example, a shared ledger of information--without necessarily trusting any of its components. The cryptocurrency Bitcoin is the most famous implementation of the blockchain, but hundreds of other companies have been founded and billions of dollars invested in similar applications since Bitcoin's launch. Some see the blockchain as offering more opportunities for criminal behavior than benefits to society. In this book, Kevin Werbach shows how a technology resting on foundations of mutual mistrust can become trustworthy.

The blockchain, built on open software and decentralized foundations that allow anyone to participate, seems like a threat to any form of regulation. In fact, Werbach argues, law and the blockchain need each other. Blockchain systems that ignore law and governance are likely to fail, or to become outlaw technologies irrelevant to the mainstream economy. That, Werbach cautions, would be a tragic waste of potential. If, however, we recognize the blockchain as a kind of legal technology that shapes behavior in new ways, it can be harnessed to create tremendous business and social value.

Werbach, Kevin: - Kevin Werbach is Professor of Legal Studies and Business Ethics at the Wharton School, University of Pennsylvania. A world-renowned expert on emerging technology, he examines business and policy implications of developments such as broadband, big data, gamification, and blockchain. Previously, Werbach served on the Obama Administration's Presidential Transition Team, founded the Supernova Group (a technology conference and consulting firm), led internet policy at the Federal Communications Commission, and created a massive open online course. His books include For the Win: How Game Thinking Can Revolutionize Your Business and The Blockchain and the New Architecture of Trust

SKU	Nicht verfügbar
ISBN 13	9780262038935
ISBN 10	0262038935
Titel	The Blockchain and the New Architecture of Trust
Autor	Kevin Werbach
Serie	Information Policy
Buchzustand	Nicht verfügbar
Bindungsart	Hardback
Verlag	MIT Press Ltd
Erscheinungsjahr	2018-11-20
Seitenanzahl	312
Hinweis auf dem Einband	Die Abbildung des Buches dient nur Illustrationszwecken, die tatsächliche Bindung, das Cover und die Auflage können sich davon unterscheiden.
Hinweis	Nicht verfügbar