Description: 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. FORMAT Paperback LANGUAGE English CONDITION Brand New Publisher Description How the blockchain-a system built on foundations of mutual mistrust-can become trustworthy.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 Bitcoins 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. Author Biography Kevin Werbach is Professor of Legal Studies and Business Ethics at the Wharton School of the University of Pennsylvania. Founder of the technology consulting firm Supernova Group, he has advised the FCC and Department of Commerce on communication policy. He is the coauthor of For the Win- How Game Thinking Can Revolutionize Your Business. Table of Contents Series Editors Introduction ixAcknowledgments xvIntroduction: The Parable of the Tree 1 I A Revolution in Nine Pages1 The Trust Challenge 172 Satoshis Solution 333 More than Money 534 Why Blockchain? 71II Ledgers Meet Law5 Unpacking Blockchain Trust 956 What Could Possible Go Wrong? 1137 Blockchain Governance 1338 Blockchain As/And Law 1499 Were from the Government, and Were Here to Help 175III Building the Decentralized Future10 Connecting the Legal and the Technical 20311 An Unpredictable Uncertainty 22512 Conclusion 241Notes 247Index 305 Review However, Werbach argues, the most significant innovation of blockchain is not governmental or even technological but emotional: the creation of a new form of trust, in which you put your confidence in a store of information without relying on any single person to authenticate it — trust the system, not its parts. The outstanding question is whether this method of cultivating trust is viable, and if it is, in what ways we can best deploy it. The answers we come up with are likely to determine blockchains future. —New York Times Book Review— Details ISBN0262547163 Author Kevin Werbach Pages 344 Series Information Policy Language English Year 2023 ISBN-10 0262547163 ISBN-13 9780262547161 Format Paperback Publication Date 2023-08-15 DEWEY 332.178 Publisher MIT Press Ltd Imprint MIT Press Country of Publication United States AU Release Date 2023-08-15 NZ Release Date 2023-08-15 US Release Date 2023-08-15 UK Release Date 2023-08-15 Illustrations 7 BLACK AND WHITE ILLUS. Audience General We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:143160067;
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Format: Paperback
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Author: Kevin Werbach
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Book Title: The Blockchain and the New Architecture of Trust
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