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An economic analysis of what distributed ledgers can do, examining key components and discussing applications in both developed and emerging market economies. Distributed ledger technology (DLT) has the potential to transform economic organization and financial structure. In this book, Robert Townsend steps back from the hype and controversy surrounding DLT (and the related, but not synonymous, innovations of blockchain and Bitcoin) to offer an economic analysis of what distributed ledgers can do. Townsend examines the key components of distributed ledgers, discussing, evaluating, and illustrating each in the context of historical and contemporary economics, and reviewing featured applications in both developed economies and emerging-market countries.
An economic analysis of what distributed ledgers can do, examining key components and discussing applications in both developed and emerging market economies. D
This textbook focuses on distributed ledger technology (DLT) and its potential impact on society at large. It aims to offer a detailed and self-contained introd
Blockchain and other trustless systems have gone from being relatively obscure technologies, which were only known to a small community of computer scientists a
This book provides a comprehensive introduction to blockchain and distributed ledger technology. Intended as an applied guide for hands-on practitioners, the bo
FinTech developers and managers understand that the blockchain has the potential to disrupt the financial world. Distributed ledger technology allows the partic
