Summary : This practical introduction explains the field of Blockchain economics, the economic models emerging with the implementation of distributed Ledger technology. These models are characterized by three factors: open platform business models, cryptotoken money supplies, and initial Coin offerings as a new and official form of financing. The book covers a variety of approaches from a business and academic perspective, ranging from financial theory, complexity, and open innovation networks to behavior economics, br>self-determination theory, public policy, and financial inclusion. Unlike existing titles, this book draws on worldwide Blockchain industry Experts to define the new discipline of Blockchain economics and provide novel theoretical and conceptual resources for the future of this fast-developing economy. The Primer also highlights the wider br>Theme of Blockchain as an institutional technology, in that many value transfer interactions might be shifted to automated networks, decreasing the number of human-operated institutions.

Blockchain economics : implications of distributed ledgers--markets, communications networks, and algorithmic reality by Melanie Swan, Jason Potts, Soichiro Takagi, Frank Witte and Paolo Tasca (editor)

Part 1. Economic Theory and Market Structure. 1. Blockchain Economic Theory: Digital Asset Contracting Reduces Debt and Risk / Melanie Swan ; 2. Does Blockchain "Decentralize" Everything?: An Insight from Organizational Economics / Soichiro Takagi ; 3. The Blockchain Antidote to Monopolization / Arisa Siong
Part 2. Blockchain Economic Open Network Innovation. 4. Financing Small & Medium Enterprises with Blockchain: An Exploratory Research of Stakeholders' Attitudes / Alex Kayal, Jingwen Yao, Judith Redi and Erich C.G. Schnoeckel ; 5. Blockchains for Accelerating Open Innovation Systems for Sustainability Transitions / Rumy Narayan and Annika Tidström
Part 3. Social Science and Behavioral Economics. 6. Blockchain and the Future of Work: A Self-Determination Theory Approach / Horst Treiblmaier and Uwe J. Umlauff ; 7. How Value is Created in Tokenized Assets / John Hargrave, Navroop Sahdev and Olga Feldmeier
Part 4. Financial Theory and Complexity Science. 8. Consensus Algorithms: A Matter of Complexity? / Renato P. dos Santos ; 9. Blockchain Theory of Programmable Risk: Black Swan Smart Contracts / Melanie Swan
Part 5. Policy, Regulation, and Incentives. 10. Entrepreneurial Exit: Developing the Cryptoeconomy / Darcy W.E. Allen ; 11. Towards Crypto-friendly Public Policy / Chris Berg, Sinclair Davidson and Jason Potts
Part 6. Income Inequality and Economic Inclusion. 12. The Implications of Blockchain for Income Inequality / Mikayla Novak ; 13. The Mesh Economy: How Blockchain and Alternative Networks can Bridge the Digital Divide and Facilitate Economic Inclusion / John B. Hooks, IV