Download or read book Blockchains and the Token Economy written by Mary C. Lacity and published by Springer Nature. This book was released on 2022-08-10 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, leading practitioners and academics provide comprehensive coverage and novel insights into blockchains and the token economy. Real world case studies from a wide range of industries provide practical examples of blockchain-based tokens for real estate, logistics, insurance, recruitment, collectibles, reservations, metaverses, and more. The cases show how tokens provide an innovative way to create and transfer value without relying on traditional intermediaries. Readers will better understand the business and social benefits of tokenization, but also its challenges. Chapter 3 and Chapter 8 are available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.

Download or read book Token Economy written by Shermin Voshmgir and published by . This book was released on 2019-06-27 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Blockchains & smart contracts have made it easy for anyone to create a token with just a few lines of code. The book gives an intro to tokens and the underlying technology, the socio-economic implications, and selected use cases. It is written for a general audience, features many graphics, and could be a useful textbook for university students.

Download or read book Token Economy written by Shermin Voshmgir and published by Token Kitchen. This book was released on 2020-06-21 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the second edition of the book Token Economy originally published in June 2019. The basic structure of this second edition is the same as the first edition, with slightly updated content of existing chapters and four additional chapters: "User-Centric Identities," "Privacy Tokens," "Lending Tokens," and How to Design a Token System and more focus on the Web3. //Part one outlines the fundamental building blocks of the Web3, including the role of cryptography and user-centric digital identities. Part two explains Web3 applications like smart contracts, DAOs & tokens. The last two parts of the book focus on tokens as the atomic unit of the Web3, explaining the properties and functions of money and outlining the emerging field of decentralized finance (DeFi) that might power a potential future digital barter economy. Use cases such as asset tokens, purpose driven tokens, BAT (Basic Attention Token), social media tokens (Steemit, Hive and Reddit), privacy tokens, and stable tokens are explored, including the role of CBDCs (Central Bank Digital Currencies) and Facebook's Libra.//Tokens - often referred to as cryptocurrencies - can represent anything from an asset to an access right, such as gold, diamonds, a fraction of a Picasso painting or an entry ticket to a concert. Tokens could also be used to reward social media contributions, incentivize the reduction of CO2 emissions, or even ones attention for watching an ad. While it has become easy to create a token, which is collectively managed by a public Web3 infrastructure like a blockchain network, the understanding of how to apply these tokens is still vague. This book attempts to summarize existing knowledge about blockchain networks and other distributed ledgers as the backbone of the Web3, and contextualize the socio-economic implications of the Web3 applications such as smart contracts, tokens, and DAOs to the concepts of money, economics, governance and decentralized finance (DeFi).//The industry keeps referring to “Blockchain” as different from “Bitcoin,” creating an artificial divide that is often misleading. There seems to be too little understanding about the fact that Bitcoin is a blockchain network, which is (a) globally managed by people who mostly do not know each other, and (b) enabled by the consensus protocol that (c) incentivizes all network actors for their contributions with a native token. The governance rules are tied to the minting of a native blockchain token. The Bitcoin token can, therefore, be seen as the currency of a distributed Internet tribe, called the Bitcoin network, where network actors are rewarded with Bitcoins, just as the Ether is the currency of the distributed Internet tribe Ethereum network, or Sia is the native currency of the Sia network. The Bitcoin network and other distributed ledgers all represent a collectively maintained public infrastructure and are the backbone of the next generation Internet, what the crypto community refers to as the Web3.

Download or read book Crypto Economy written by Aries Wanlin Wang and published by Simon and Schuster. This book was released on 2018-11-20 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: In late 2008, under the long shadow cast by the most severe economic crisis in generations, a revolutionary new form of currency was quietly being shaped. At the time no one could have predicted that an obscure form of electronic money would in less than a decade prove to be the most important financial innovation of the 21st century—a tool that would spark an entire new economic institution: crypto economy. That once-obscure money was known as Bitcoin, and today it is the highest valued digital coin. And though consumers continue to scramble to cash in on the trending currency, the technology behind Bitcoin known as Blockchain, which allows the currency to bought and sold without regulation by a government, remains a mystery to the public. In Crypto Economy, Aries Wanlin Wang provides the definitive blueprint for understanding how Bitcoin, Blockchain, and other digital technologies are disrupting traditional financial institutions and forever changing the world of commerce.

Download or read book Tokenomics written by Sean Au and published by Packt Publishing Ltd. This book was released on 2018-10-08 with total page 487 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explore the differences between ICOs, cryptocurrencies, and tokens (offerings), enabling the reader to understand the ICO landscape, how millions were raised in minutes, and where the future of the tokenized economy is heading. Take a real-time journey, cutting through the myths, understanding token choices available to everyone. Key FeaturesInterviews with key figures in TokenomicsUnbiased evaluation and comparison of the different offeringsConceptual analysis of the market’s reactionLeague table showing current exposureAn account of the theoretical and current legal foundations of alt coins and tokensA complete introduction to the phases of an initial coin offeringBook Description Tokenomics is the economy of this new world. This is a no-holds-barred, in-depth exploration of the way in which we can participate in the blockchain economy. The reader will learn the basics of bitcoin, blockchains, and tokenomics; what the very first ICO was; and how over a period of 5 years, various projects managed to raise the enormous sums of money they did. The book then provides insights from ICO experts and looks at what the future holds. By comparing the past, current, and future of this technology, the book will inform anyone, whatever motivates their interest. The crypto shift of blockchains, ICOs, and tokens is much more than just buying bitcoins, creating tokens, or raising millions in a minute in an ICO. It is a new paradigm shift from centralized to decentralized, from closed to open, and from opaqueness to transparency. ICOs and the creation of tokens during the craze of 2017 needed a lot of preparation, an understanding of cryptocurrencies and of emerging legal frameworks, but this has spurred a new movement to tokenize the world. The author gives an unbiased, authoritative picture of the current playing field, exploring the token opportunities and provides a unique insight into the developing world of this tokenized economy. This book will nourish hungry minds wanting to grow their knowledge in this fascinating area. What you will learnThe background of ICOs and how they came to beThe difference between a coin and a token, a utility and a security, and all the other acronyms you’re likely to ever encounterHow these ICOs raised enormous sums of moneyTokenomics: structuring the token with creativityWhy it’s important to play nicely with the regulatorsA sneak peak into the future of ICOs from leaders in the industryWho this book is for With the media hype about bitcoin, this book appeals to anyone, from those with a general interest in anything crypto, or those with some knowledge of the nuances between cryptocurrency, ICOs, IPOs and the Token economy.

Download or read book Understanding the Blockchain Economy written by Chris Berg and published by Edward Elgar Publishing. This book was released on 2019 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: Blockchains are the distributed ledger technology that powers Bitcoin and other cryptocurrencies. But blockchains can be used for more than the transfer of tokens – they are a significant new economic infrastructure. This book offers the first scholarly analysis of the economic nature of blockchains and the shape of the blockchain economy. By applying the institutional economics of Ronald Coase and Oliver Williamson, this book shows how blockchains are poised to reshape the nature of firms, governments, markets, and civil society.

Download or read book Token Economy written by Shermin Voshmgir and published by Token Kitchen. This book was released on 2024-01-25 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: This third edition of Token Economy is published as a series of three books: “Money, NFTs & DeFi,” “DAOs & Purpose-Driven Tokens,” and “Web3 Infrastructure.” The purpose of this book – DAOs & Purpose-Driven Tokens – is to explain the institutional impact of blockchain networks and tokenization – both from a theoretical and a practical perspective – with the goal of providing a common understanding of the concept and practice of Web3-based institutions. The history of money and finance, and the impact of Web3 and tokenization on money, real-world assets and financial markets are discussed in the book “Money, NFTs & DeFi.” The technical and political aspects of blockchain networks and core Web3 infrastructure will be discussed in the book “Web3 Infrastructure.” The book critically reflects the concept of DAOs, starting with its first real-world example – the Bitcoin network – and how the groundbreaking cryptoeconomic mechanism behind Proof-of-Work paved the way for a novel type of organization that is steered by purpose-driven tokens and relies on “trust by math” rather than “trust by legal contract.” The first two chapters of this book will explain the concept of Web3-based decentralized organizations – its origins and impact from various perspectives: history, cybernetics, organizational science, political science, economics and complex systems. Since there is no one-size-fits-all solution for the design of DAOs, theory alone will not do justice to the complex nature of this topic. Any meaningful organizational design, including that of the purpose-driven tokens which steer Web3-based institutions, will always depend on the purpose and political principles of said organization/network/Internet community/cooperative. To provide a more tangible approach to the best practices and pitfalls of DAOs, a range of DAO use cases will be analyzed based on a DAO design thinking framework, which was developed specifically for this book. Best practices for designing DAOs and the purpose-driven tokens that steer them are still underdeveloped. Many early use cases lack a sustainable token design to achieve their self-declared purpose, which is why a wide range of purposes were selected to display different purposes a DAO can achieve or aim to achieve, even though some of the use cases selected have considerable design flaws. While all use cases have compelling value propositions, and in some cases even considerable traction, they sometimes display unintended design flaws that contradict the purpose and political principles upon which they were designed. The use cases selected are: P2P money & payment network (Bitcoin), P2P stable token (DAI & MarkerDAO), P2P social networks such as Steemit.com or friends.tech, P2P Telco Network (Helium), P2P Data Exchange (Ocean Protocol), and biodiversity tokens (Rebalance Earth). Except for Rebalance Earth, all use cases have a long track record of protocol evolution. They provide historical data to correlate token design choices to their effects, i.e. power structures that emerged over time, and the long-term success of the protocol/network/organization in question. The analysis of the use cases in the second part of the book is mostly qualitative. Additional quantitative analysis could be carried out as well, but that is not the purpose of this book. Quantitative analysis only makes sense once one understands what needs to be analyzed, and in which context the data should be interpreted. A metric such as a “market cap” or “gross network value” of a token is not significant on its own, if one does not first consider the purpose of the token design, the industry in which the DAO operates, the stakeholder structure, and many other qualitative aspects relevant to different types of DAOs.

Download or read book Token Economy written by Shermin Voshmgir and published by Token Kitchen. This book was released on 2023-04-14 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is one out of three books in the Token Economy Series. The general question that this book tries to answer is how tokenization will impact not only our monetary systems, but also our financial systems and the real economy. Can so-called cryptocurrencies and other tokenized assets replace money as we know it? In public debate, these questions usually lead to highly contentious discussions and the arguments very often depend on one’s definition of what actually constitutes money. Discussions about what “real” money is often seem to have an almost religious dimension, where arguments are based on ideology or semi-knowledge. Readers will get an introduction to the core concepts of tokenization, before delving into the question of what constitutes money and credit. Both chapters provide an important foundation from which various use cases for fungible and non-fungible tokens that represent different types of assets will be analyzed. Later chapters introduce the concepts of financial markets and discuss how asset tokens can be used as collateral in a growing ecosystem of tokenized financial applications – ranging from DeFi (Decentralized Finance) to CeFi (Centralized Finance). It is the third edition of the book Token Economy that has been a bestseller since its first edition in 2019. The first two editions were published as one book. This third edition has expanded in scope and depth and will be published as thee separate books. Tokens that are designed to incentivize an autonomous group of people to individually contribute to a collective goal, and are minted upon proof of a certain behavior, will be the subject of the third book titled: “DAOs & Purpose-Driven Tokens,” which will be published in June 2023. The technical and political aspects of blockchain networks and core Web3 infrastructure will be discussed in another book of the Token Economy Series titled “Web3 Infrastructure” that will be published in November 2023. Until then, the second edition will still be available for those who are interested to catch up on the contents that have not been updated yet.

Download or read book Legalize Blockchain written by Thomas G. Duenser and published by BoD – Books on Demand. This book was released on 2023-03-23 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last decades, digitalization has been enormously pushing innovation with a stunning impact on economy and society. In this book, the author illustrates that blockchain is one strong driver of the future digital economy, enabling a higher level of efficiency, trust, and legal security. As regulation can decide how a jurisdiction can participate in this development, the author discusses the current and future regulatory challenges and explains, why applying financial market laws for all Token Economy is not appropriate and would hinder its development. Consequently, he argues for a new regulatory fundament for Token Economy - as the Principality of Liechtenstein has introduced in 2020 - and explains the political regulatory decisions of the so-called »Blockchain-Act«. The author pleads also in favour of establishing a new regulatory framework for Token Financial Markets and drafts its cornerstones. In addition to that, he describes the need for an innovation process for the legal framework and emphasizes the importance of the innovation culture of governments and authorities to keep pace with the technological developments and ensure future prosperity.

Download or read book Blockchain written by Melanie Swan and published by "O'Reilly Media, Inc.". This book was released on 2015-01-24 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bitcoin is starting to come into its own as a digital currency, but the blockchain technology behind it could prove to be much more significant. This book takes you beyond the currency ("Blockchain 1.0") and smart contracts ("Blockchain 2.0") to demonstrate how the blockchain is in position to become the fifth disruptive computing paradigm after mainframes, PCs, the Internet, and mobile/social networking. Author Melanie Swan, Founder of the Institute for Blockchain Studies, explains that the blockchain is essentially a public ledger with potential as a worldwide, decentralized record for the registration, inventory, and transfer of all assets—not just finances, but property and intangible assets such as votes, software, health data, and ideas. Topics include: Concepts, features, and functionality of Bitcoin and the blockchain Using the blockchain for automated tracking of all digital endeavors Enabling censorship?resistant organizational models Creating a decentralized digital repository to verify identity Possibility of cheaper, more efficient services traditionally provided by nations Blockchain for science: making better use of the data-mining network Personal health record storage, including access to one’s own genomic data Open access academic publishing on the blockchain This book is part of an ongoing O’Reilly series. Mastering Bitcoin: Unlocking Digital Crypto-Currencies introduces Bitcoin and describes the technology behind Bitcoin and the blockchain. Blockchain: Blueprint for a New Economy considers theoretical, philosophical, and societal impact of cryptocurrencies and blockchain technologies.

Download or read book Blockchain and Crypto Currency written by Makoto Yano and published by Springer Nature. This book was released on 2020-04-15 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book contributes to the creation of a cyber ecosystem supported by blockchain technology in which technology and people can coexist in harmony. Blockchains have shown that trusted records, or ledgers, of permanent data can be stored on the Internet in a decentralized manner. The decentralization of the recording process is expected to significantly economize the cost of transactions. Creating a ledger on data, a blockchain makes it possible to designate the owner of each piece of data, to trade data pieces, and to market them. This book examines the formation of markets for various types of data from the theory of market quality proposed and developed by M. Yano. Blockchains are expected to give data itself the status of a new production factor. Bringing ownership of data to the hands of data producers, blockchains can reduce the possibility of information leakage, enhance the sharing and use of IoT data, and prevent data monopoly and misuse. The industry will have a bright future as soon as better technology is developed and when a healthy infrastructure is created to support the blockchain market.

Download or read book Business Transformation through Blockchain written by Horst Treiblmaier and published by Springer. This book was released on 2018-12-30 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second volume of this edited collection offers a number of contributions from leading scholars investigating Blockchain and its implications for business. Focusing on the transformation of the overall value chain, the sections cover the foundations of Blockchain and its sustainability, social and legal applications. It features a variety of use cases, from tourism to healthcare. Using a number of theoretical and methodological approaches, this innovative publication aims to further the cause of this ground-breaking technology and its use within information technology, supply chain and wider business management research.

Download or read book The Truth Machine written by Paul Vigna and published by St. Martin's Press. This book was released on 2018-02-27 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Views differ on bitcoin, but few doubt the transformative potential of Blockchain technology. The Truth Machine is the best book so far on what has happened and what may come along. It demands the attention of anyone concerned with our economic future." —Lawrence H. Summers, Charles W. Eliot University Professor and President Emeritus at Harvard, Former Treasury Secretary From Michael J. Casey and Paul Vigna, the authors of The Age of Cryptocurrency, comes the definitive work on the Internet’s Next Big Thing: The Blockchain. Big banks have grown bigger and more entrenched. Privacy exists only until the next hack. Credit card fraud is a fact of life. Many of the “legacy systems” once designed to make our lives easier and our economy more efficient are no longer up to the task. Yet there is a way past all this—a new kind of operating system with the potential to revolutionize vast swaths of our economy: the blockchain. In The Truth Machine, Michael J. Casey and Paul Vigna demystify the blockchain and explain why it can restore personal control over our data, assets, and identities; grant billions of excluded people access to the global economy; and shift the balance of power to revive society’s faith in itself. They reveal the disruption it promises for industries including finance, tech, legal, and shipping. Casey and Vigna expose the challenge of replacing trusted (and not-so-trusted) institutions on which we’ve relied for centuries with a radical model that bypasses them. The Truth Machine reveals the empowerment possible when self-interested middlemen give way to the transparency of the blockchain, while highlighting the job losses, assertion of special interests, and threat to social cohesion that will accompany this shift. With the same balanced perspective they brought to The Age of Cryptocurrency, Casey and Vigna show why we all must care about the path that blockchain technology takes—moving humanity forward, not backward.

Download or read book Unblocked written by Alison McCauley and published by "O'Reilly Media, Inc.". This book was released on 2019-06-17 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Remember the dawn of the internet or the advent of mobile computing and social media? Yet another digital revolution is now underway. Like its predecessors, blockchains are about to transform the way we live, work, and play, while disrupting entrenched industries and shattering conventional business models. This practical guide takes you past the hype to show you exactly what blockchains do and how they’re poised to change our world. Author Alison McCauley explains how blockchains provide an open, distributed ledger for recording transactions in a verifiable and permanent way. You will learn how this technology provides an abundance of opportunity for those who know how to leverage blockchains to address privacy risks, hacks, data misuse, and fraud. Unblocked explains: Why ignoring this technology exposes you to competitive disruption What this new technology revolution embraces—no technical background required How to prepare your organization to respond to the coming shift

Download or read book Disrupting Finance written by Theo Lynn and published by Springer. This book was released on 2018-12-06 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access Pivot demonstrates how a variety of technologies act as innovation catalysts within the banking and financial services sector. Traditional banks and financial services are under increasing competition from global IT companies such as Google, Apple, Amazon and PayPal whilst facing pressure from investors to reduce costs, increase agility and improve customer retention. Technologies such as blockchain, cloud computing, mobile technologies, big data analytics and social media therefore have perhaps more potential in this industry and area of business than any other. This book defines a fintech ecosystem for the 21st century, providing a state-of-the art review of current literature, suggesting avenues for new research and offering perspectives from business, technology and industry.

Download or read book Blockchain and Applications written by Javier Prieto and published by Springer Nature. This book was released on 2021-09-02 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the refereed proceedings of the 1st International Congress on Blockchain and Applications 2021, BLOCKCHAIN’21, held in Salamanca, Spain, in October 2021. Among the scientific community, blockchain and artificial intelligence are a promising combination that will transform the production and manufacturing industry, media, finance, insurance, e-government, etc. Nevertheless, there is no consensus with schemes or best practices that would specify how blockchain and artificial intelligence should be used together. The 38 full papers presented were carefully reviewed and selected from over 44 submissions. They contain the latest advances on blockchain and artificial intelligence and on their application domains, exploring innovative ideas, guidelines, theories, models, technologies, and tools and identifying critical issues and challenges that researchers and practitioners must deal with in future research.

Download or read book Tokenized Trillions written by Heath Muchena and published by . This book was released on 2020-06-03 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a comprehensive guide to help you understand blockchain technology and how to determine business requirements essential for token model creation with respect to real-world asset tokenization projects.Some of the questions the book hopes to answer include: What is Blockchain? A Brief History How does blockchain technology work?What are the benefits of blockchain-based innovations?What exactly is asset tokenization?Why make an asset-backed token?What are the main asset-backed token categories?What are some examples of asset-backed token use cases?What is debt and equity tokenization (VC fund, private equity, real estate, private company shares)?Can commodities be tokenized?What are digital asset collectibles?What are some examples of non-fungible soft asset tokenization/ intellectual property tokenization?What is the future of hard asset tokenization - e.g. tokenization of real estate?What are some of the opportunities and challenges for security tokens?What will asset tokenization contribute to delivery of use-cases?What resources are required to securitize real-world assets using blockchain?What changes can be envisaged in service models?What new services and capabilities will maximise the benefit of distributed ledger technology for investors?What cost savings can be achieved?What service level improvements will be delivered to clients?What new products are going to be delivered that specifically exploit blockchain technology? How are workflows going to be modified on existing products to deal with the reengineered client processes and disintermediation of established entities that are facilitated by blockchain?How will blockchain technology affect existing real-world investment products