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xgtfmwuuwfsyonuh – Read and download Kevin Werbach’s book The Blockchain and the New Architecture of Trust in PDF, EPub, Mobi, Kindle online. Book The Blockchain and the New Architecture of Trust by Kevin Werbach

The Blockchain and the New Architecture of Trust
by Kevin Werbach

Summary: 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. show more

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Product details Format Hardback | 344 pages Dimensions 152 x 229 x 29mm | 612.35g Publication date 11 Dec 2018 Publisher MIT Press Ltd Imprint MIT Press Publication City/Country Cambridge, United States Language English Illustrations note 7 b&w illus.; 14 Illustrations, unspecified ISBN10 0262038935 ISBN13 9780262038935 Bestsellers rank 231,889

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