Masterarbeit, 2019
71 Seiten, Note: 2,0
This thesis investigates and analyzes the technical and economic factors that determine the potential of blockchain technology for economy and society and their interactions. It explores the technical aspects of blockchain as a combination of base technologies, assessing its potential for disruptive applications by solving the double-spending problem. It then analyzes whether blockchain technology can be considered a new Techno-economic paradigm. Finally, it examines blockchain's role as a rule-based system and a foundation for alternative institutions, exploring the potential for increased efficiency through reduced transaction costs in systems traditionally reliant on intermediaries.
The first chapter provides an introduction to the topic of blockchain technology, outlining the scope and objectives of the thesis. The second chapter explores blockchain technology as a combination of different base technologies. It discusses its technical aspects, including the Byzantine Generals Problem and the concept of a distributed ledger. The chapter also examines different types of blockchain applications. The third chapter examines blockchain technology from an institutional economics perspective. It discusses the emergence of new institutions enabled by blockchain technology and explores the concept of cryptoeconomics and blockchain governance. The fourth chapter analyzes different use cases of blockchain technology on a macro level and explores its potential role in economy and society. It examines the impact of blockchain from an institutional perspective and analyzes the role of intermediaries in the blockchain ecosystem. The chapter also discusses challenges and risks associated with blockchain technology. The fifth chapter, the conclusion, is excluded from this preview to avoid spoilers.
Blockchain technology, applications, governance, transaction costs, Techno-economic paradigm, intermediaries.
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