Download or read book Corporate Governance on Ethereum s Blockchain written by Robert Leonhard and published by . This book was released on 2017 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: New blockchain-based technology allows users to form what's called Decentralized Autonomous Organizations ("DAO"), which can operate similarly to a publicly-traded corporation. Specifically, cryptocurrency holders can replace traditional shareholders, who can then appoint members of a governing body similar to a board of directors. This governing body can then vote to issue currency to an account holder who can then act similarly to a Chief Financial Officer, who can then pay the salaries of executives, employees, and directors. Because this is all done on using the blockchain protocol, these virtual corporations can operate pseudonymously without government intervention using what's called "Smart Contracts" (contracts that execute without human intervention).

Download or read book Proof of Stake written by Vitalik Buterin and published by Seven Stories Press. This book was released on 2022-09-27 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: The new book from one of TIME's 2021 most influential people Author was in Forbes 30 Under 30 Hall of Fame "A crucial contribution to development of a new technology that will impact all of our lives.” –Laura Shin, host of the Unchained podcast and author of The Cryptopians: Idealism, Greed, Lies, and the Making of the First Big Cryptocurrency Craze “Vitalik Buterin is one of the most influential creators of our generation....Like most of his work, it is sure to become a must-read.”–Camila Russo, author of The Infinite Machine, founder of The Defiant The ideas behind Ethereum in the words of its founder, describing a radical vision for more than a digital currency—reinventing organizations, economics, and democracy itself in the age of the internet. When he was only nineteen years old, in late 2013, Vitalik Buterin published a visionary paper outlining the ideas behind what would become Ethereum. He proposed to take what Bitcoin did for currency—replace government and corporate power with power shared among users—and apply it to everyday apps, organizations, and society as a whole. Now, less than a decade later, Ethereum is the second-most-valuable cryptocurrency and serves as the foundation for the weird new world of NFT artworks, virtual real estate in the metaverse, and decentralized autonomous organizations. The essays in Proof of Stake have guided Ethereum’s community of radicals and builders. Here for the first time they are collected from across the internet for new readers. They reveal Buterin as a lively, creative thinker, relentlessly curious and adventuresome in exploring the consequences of his invention. His writing stands in contrast to the hype that so often accompanies crypto in the public imagination. He presents it instead as a fascinating set of social, economic, and political possibilities, opening a window into a conversation that far more of us could be having. Media scholar Nathan Schneider provides introductions and notes.

Download or read book Corporate Governance for Complex Cryptocurrencies A Framework for Stability and Decision Making in Blockchain Based Organizations written by Philipp Hacker and published by . This book was released on 2019 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cryptocurrencies such as bitcoin or ethereum are gaining ground not only as alternative modes of payment, but also as platforms for financial innovation, particularly through token sales (ICOs). All of these ventures are based on decentralized, permissionless blockchain technology whose distinguishing characteristics are their openness to, and the formal equality of, participants. However, recent cryptocurrency crises have shown that these architectures lack robust governance frameworks and are therefore prone to patterns of re-centralization: they are informally dominated by coalitions of powerful players within the cryptocurrency ecosystem who may violate basic rules of the blockchain community without accountability or sanction.Against this background, this paper makes two novel contributions. First, it suggests that cryptocurrency and token-based ecosystems can be fruitfully analyzed as complex systems that have been studied for decades in complexity theory and that have recently gained prominence in financial regulation, too. It applies these insights to three key case studies: the Bitcoin Hard Fork of 2013; the Ethereum hard fork of 2016, following the DAO hack; and the ongoing Bitcoin scaling debate. Second, the paper argues that complexity-induced uncertainty can be reduced, and elements of stability and order strengthened, by adapting a corporate governance framework to blockchain-based organizations: cryptocurrencies, and decentralized applications built on top of them via token sales. Most importantly, the resulting “comply or explain” approach combines transparency and accountability with the necessary flexibility that allows cryptocurrency developers to continue to experiment for the sake of innovation. Eventually, however, the coordination of these activities may necessitate the establishment of an “ICANN for blockchains”

Download or read book Blockchain Governance written by Primavera De Filippi and published by MIT Press. This book was released on 2024-08-20 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: An engaging and comprehensive exploration of how fundamental ideas in political and legal thought shape the governance of blockchain communities, and are, in turn, shaped by blockchain technology. How can digital cash truly be “trustless”? What does it mean that blockchain offers a new paradigm of the “rule of code”? How are decisions made when a blockchain system faces an emergency, and who gets to make those decisions? In Blockchain Governance, Primavera De Filippi, Wessel Reijers, and Morshed Mannan offer answers to these questions and more, in an accessible, critical overview of legal and political issues related to blockchain technology, now the foundation of a multi-billion-dollar industry. Moving beyond the hype, they show how blockchain offers fertile ground for experimentation with radically new ways to govern people and institutions. Blockchain-based systems, like Bitcoin, Ethereum, Tezos, and countless others, offer new ways of organizing digital cash, “smart” contracts to execute transactions, non-fungible tokens (NFTs) to collect art, and decentralized autonomous organizations (DAOs) to coordinate humans and machines. What these applications have in common is that they govern the behavior of people and artificial agents through distributed systems. Drawing from their extensive experience in researching blockchain technologies and communities, the authors discuss the origins of Bitcoin in cypher-anarchism and extropianism, spectacular events like the million-dollar theft of the DAO Attack, and the hostile takeover of the Steem platform. While engaging with political and legal thinkers such as Hobbes, Kelsen, and the Ostroms, these narratives explore how blockchain governance problematizes fundamental concepts such as rule of law, sovereignty, legality, legitimacy, and polycentric governance.

Download or read book Regulating Blockchain written by Philipp Hacker and published by Oxford University Press. This book was released on 2019-08-01 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: Less than a decade after the Financial Crisis, we are witnessing the fast emergence of a new financial order driven by three different, yet interconnected, dynamics: first, the rapid application of technology - such as big data, machine learning, and distributed computing - to banking, lending, and investing, in particular with the emergence of virtual currencies and digital finance; second, a disintermediation fuelled by the rise of peer-to-peer lending platforms and crowd investment which challenge the traditional banking model and may, over time, lead to a transformation of the way both retail and corporate customers bank; and, third, a tendency of de-bureaucratisation under which new platforms and technologies challenge established organisational patterns that regulate finance and manage the money supply. These changes are to a significant degree driven by the development of blockchain technology. The aim of this book is to understand the technological and business potential of the blockchain technology and to reflect on its legal challenges. The book mainly focuses on the challenges blockchain technology has so far faced in its first application in the areas of virtual money and finance, as well as those that it will inevitably face (and is partially already facing, as the SEC Investigative Report of June 2017 and an ongoing SEC securities fraud investigation show) as its domain of application expands in other fields of economic activity such as smart contracts and initial coin offerings. The book provides an unparalleled critical analysis of the disruptive potential of this technology for the economy and the legal system and contributes to current thinking on the role of law in harvesting and shaping innovation.

Download or read book The Potential for Blockchain Technology in Corporate Governance written by Vedat Akgiray and published by . This book was released on 2019 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Beyond bitcoin, blockchain technology has acquired attention and importance in its own right. Today, it is conceptually accepted that blockchain stands out as a disruptive technology that will change a number of processes in financial services and could in turn impact corporate governance. This paper explores the recent applications of blockchain technology in financial services and outlines regulatory responses, to set the scene for future work in this area on corporate governance. This paper provided background for the Corporate Governance Committee's roundtable discussion on blockchain technology and the implementation of the G20/OECD Principles of Corporate Governance on 10 April 2018. A subsequent presentation of the paper was given at the OECD Workshop on Digital Financial Assets on the 16 May 2018, and at the OECD-Asian Roundtable on Corporate Governance in Malaysia on 7-8 November 2018. This work also provides a contribution to the work of the OECD Blockchain Policy Centre

Download or read book Decentralized Corporate Governance Via Blockchain Technology written by Wulf A. Kaal and published by . This book was released on 2020-06-05 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decentralized Corporate Governance via Blockchain Technology explains how corporations and other business organizations can be supplemented with blockchain-based agency constructs. Blockchain-based decentralized autonomous organizations (DAOs) expand the definition of the firm. On-chain DAO governance enables dynamic regulatory features that facilitate unprecedented decentralized regulatory solutions.

Download or read book Blockchain in e Governance written by Rajesh Dhuddu and published by BPB Publications. This book was released on 2021-03-13 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: Blockchain: Preferred technology that the world is looking for!Ê Ê KEY FEATURESÊÊ _ Understand the design elements of an enterprise Blockchain and National Blockchain backbone framework and the steps involved in implementing the same. _ Prominent use cases across different domain, in different countries. _ Examine how Blockchain is used by leading countries like Estonia, Thailand, Dubai etc.. and how it can be leveraged to improve significantly the experience of citizens in availing Government services like citizen records, civil supplies, Land records , Smart city services and many more. Ê DESCRIPTION We are increasingly faced with several new technologies like IOT, AI & Analytics, Machine learning, 3D printing, AR/VR, Robotics, Drones making inroads into several areas of our corporate & personal lives. All these technologies are offering an unprecedented level of automation that is augmenting our performance & lifestyles as well. Ê As these technologies are leveraging the centralised approach of aggregation & economies of scale to facilitate efficiencies that provide a high level of training data, these are also increasingly becoming vulnerable to sophisticated cyber-attacks from actors searching for lucrativeÊ targets, to hold them at ransom. Ê Given this, How are we supposed to safeguard burgeoning investments into cutting-edge intelligent analytics driven investments of Industry 4.0? Ê Enters Blockchain with its potential of decentralisation and cryptographically protected and distributed ledgers that provide a mechanism to nullify the action Cybercriminals and their attacks. By eliminating Single points of failure that are resident in Centralised era, Blockchain seems to be the preferred technology that the world is looking for!Ê Ê WHAT YOU WILL LEARNÊ Blockchain the underlying technology that pioneered Bitcoin and resultant innovations in Global Payments industry has made its impact much beyond the core finance domain it transformed initially. Ê Blockchain, one of the latest in the disruptive technologies is seeing a surge in adoption owing to adoption by Start-ups.. There is a need to come out with a systemic thinking approach to leverage this new paradigm. Hence, let us delve into design thinking approach to solve the problems usingÊ Blockchain. Ê ÊWHO THIS BOOK IS FORÊ Book will take a look at the Global adoption and implementation aspects & their challenges. This book will be very useful to Blockchain Subject Matter Experts, Consultants, CXOs and Government officials and one who is interested in exploring blockchain technology. It will appeal to Developers, Architects, Technology Managers and Executives who wish to build new or transform their existing applications to a blockchain based system to gain efficiencies in Cost, Scalability, Security and Robustness. Ê TABLE OF CONTENTS 1. Blockchain- A Primer 2. Blockchain Platforms for Real life Applications 3.Types of Problems Blockchain can solveÊÊÊÊÊÊÊ 4. Design Thinking & Blockchain Solution design 5. Blockchain and Governments- Examples and Case studies 6. Blockchain Countries 7. Key Government applications of Blockchain 8. Blockchain Application patterns for Integration and Interoperability 9. Applying Design Thinking to BlockchainÊÊÊÊÊÊÊÊÊ 10. DesirableÊ elements in a Blockchain ConsortiumÊÊÊÊÊÊÊÊ 11. Implementation of Blockchain projects by Governments 12. Designing a Blockchain Project- Case study 13. Challenges and Limitations of implementing Blockchain solutions 14. Encouraging Blockchain adoption & Educating the new generation for adoption

Download or read book Integrating Blockchain Technology in Project Life Cycle for efficient Project Management written by Luxmi Kanth Navaneethan and published by GRIN Verlag. This book was released on 2020-04-16 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2019 in the subject Business economics - Business Management, Corporate Governance, grade: 1.0, , course: MSc Project Management, language: English, abstract: Blockchain Technology has the capability to develop as a disruptive technology in management and business domains. There is a lack of understanding also less amount of information about innovative blockchain technology and its potential future influences that hinder its academic and realistic application. Organizations it is essential to know the right influence and risk of blockchain technology adaptions also applications in order to obtain also retain economic advantages. There is no doubt such kind of revolutionary technology will have a direct effect on the conventional way of managing projects. Unless the organizations identify the shift, they will be left in the background wondering what had happened. This research study recognizes peer-reviewed journal papers also presents a systematic literature review study of the furthermost suitable blockchain technology features to be integrated into the project life cycle for efficient project management. Preliminary research shows that Blockchain technology is an immutable, distributed ledger technology that has been implemented as an enabling system to provision cryptocurrencies. Blockchain Technology is presently resolving various issues in different domains. Such as supply chain, medical health, energy, construction, finance and manufacturing but not in project management, due to its early stages. In addition, that most of the organizations use Ethereum blockchain and smart contracts towards addressing their difficulties and enhancing efficiency in their respective fields of business and management process. Research findings shows that smart contract and distributed ledger technology are the most adapted blockchain features in current business organizations, furthermore study recommends the kind of changes need to adapted by the organizations in order to handle future projects. Finally systematic literature review research findings sheds light on future directions of research studies could contain analysis of the different approaches which Ethereum and additional decentralized blockchain technologies can be used to build efficient project management framework.

Download or read book Bitcoin and Beyond written by Malcolm Campbell-Verduyn and published by Routledge. This book was released on 2017-11-28 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the launch of Bitcoin in 2009 several hundred different ‘cryptocurrencies’ have been developed and become accepted for a wide variety of transactions in leading online commercial marketplaces and the ‘sharing economy’, as well as by more traditional retailers, manufacturers, and even by charities and political parties. Bitcoin and its competitors have also garnered attention for their wildly fluctuating values as well as implication in international money laundering, Ponzi schemes and online trade in illicit goods and services across borders. These and other controversies surrounding cryptocurrencies have induced varying governance responses by central banks, government ministries, international organizations, and industry regulators worldwide. Besides formal attempts to ban Bitcoin, there have been multifaceted efforts to incorporate elements of blockchains, the peer-to-peer technology underlying cryptocurrencies, in the wider exchange, recording, and broadcasting of digital transactions. Blockchains are being mobilized to support and extend an array of governance activities. The novelty and breadth of growing blockchain-based activities have fuelled both utopian promises and dystopian fears regarding applications of the emergent technology to Bitcoin and beyond. This volume brings scholars of anthropology, economics, Science and Technology Studies, and sociology together with GPE scholars in assessing the actual implications posed by Bitcoin and blockchains for contemporary global governance. Its interdisciplinary contributions provide academics, policymakers, industry practitioners and the general public with more nuanced understandings of technological change in the changing character of governance within and across the borders of nation-states.

Download or read book Blockchain for Business written by S. S. Tyagi and published by John Wiley & Sons. This book was released on 2021-01-15 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book focuses on the power of business blockchain. It gives an overview of blockchain in traditional business, marketing, accounting and business intelligence. The book provides a detailed working knowedge of blockchain, user cases of blockchain in business, cryptocurrency and Initial Coin Offering(ICO) along with the risks associated with them. The book also covers the detailed study of decentralization, mining, consensus, smart contracts, concepts and working of distributed ledgers and hyper ledgers as well as many other important concepts. It also details the security and privacy aspects of blockchain. The book is beneficial for readers who are preparing for their business careers, those who are working with small scale businesses and startups, and helpful for business executives, managers, entrepreneurs, bankers, government officials and legal professionals who are looking to blockchain for secure financial transactions. The book will also be beneficial for researchers and students who want to study the latest developments of blockchain.

Download or read book Blockchain Development for Finance Projects written by Ishan Roy and published by Packt Publishing Ltd. This book was released on 2020-01-31 with total page 514 pages. Available in PDF, EPUB and Kindle. Book excerpt: A practical blockchain handbook designed to take you through implementing and re-engineering banking and financial solutions and workflows using eight step-by-step projects Key FeaturesImplement various end-to-end blockchain projects and learn to enhance present-day financial solutionsUse Ethereum, Hyperledger, and Stellar to build public and private decentralized applicationsAddress complex challenges faced in the BFSI domain using different blockchain platform servicesBook Description Blockchain technology will continue to play an integral role in the banking and finance sector in the coming years. It will enable enterprises to build transparent and secure business processes. Experts estimate annual savings of up to 20 billion dollars from this technology. This book will help you build financial apps using blockchain, guiding you through enhancing popular products and services in the banking and finance sector. The book starts by explaining the essential concepts of blockchain, and the impact of blockchain technology on the BFSI sector. Next, you'll delve into re-designing existing banking processes and building new financial apps using blockchain. To accomplish this, you'll work through eight blockchain projects. By demonstrating the entire process, the book helps you understand everything from setting up the environment and building frontend portals to system integration and testing apps. You will gain hands-on experience with the Ethereum, Hyperledger Fabric, and Stellar to develop private and public decentralized apps. Finally, you'll learn how to use ancillary platforms and frameworks such as IPFS, Truffle OpenZeppelin, and MetaMask. By the end of this blockchain book, you'll have an in-depth understanding of how to leverage distributed ledgers and smart contracts for financial use cases. What you will learnDesign and implement blockchain solutions in a BFSI organizationExplore common architectures and implementation models for enterprise blockchainDesign blockchain wallets for multi-purpose applications using EthereumBuild secure and fast decentralized trading ecosystems with BlockchainImplement smart contracts to build secure process workflows in Ethereum and Hyperledger FabricUse the Stellar platform to build KYC and AML-compliant remittance workflowsMap complex business workflows and automate backend processes in a blockchain architectureWho this book is for This book is for blockchain and Dapps developers, or anyone looking for a guide to building innovative and highly secure solutions in the fintech domain using real-world use cases. Developers working in financial enterprises and banks, and solution architects looking to build brand new process flows using blockchain technology will also find the book useful. Experience with Solidity programming and prior knowledge of finance and trade are required to get the most out of this book.

Download or read book Blockchain Technology in Corporate Governance written by Kiran Sood and published by John Wiley & Sons. This book was released on 2022-10-13 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: BLOCKCHAIN TECHNOLOGY IN CORPORATE GOVERANCE This book investigates the recent applications of blockchain technology in financial services, energy sector, and summarizes regulatory responses, to set the scene for future work on corporate governance. This edited book highlights the current governance framework for the blockchain and its development as a self-governing framework. It discusses blockchain technology’s effectiveness in developing solutions for supply chains, trade finance, and banking. Moreover, it shows how banking and financial institutions are the major beneficiaries of this decentralized technology. Furthermore, the book outlines the link between company governance theories, regulatory, ethical, and social controls, and blockchain adoption. It also investigates the recent applications of blockchain technology in financial services, the health sector, and the energy sector. Audience The book is specially designed for researchers, industrialists, engineers, graduate students, and policymakers, who aspire to learn, discuss, and carry out further research into the opportunities offered by blockchain and the possible ways of regulating it.

Download or read book Applications And Trends In Fintech I Governance Ai And Blockchain Design Thinking written by David Kuo Chuen Lee and published by World Scientific. This book was released on 2022-05-24 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first part of Applications and Trends in Fintech, which serves as a comprehensive guide to the advanced topics in fintech, including the deep learning and natural language processing algorithms, blockchain design thinking, token economics, cybersecurity, cloud computing and quantum computing, compliance and risk management, and global fintech trends. Readers will gain knowledge about the applications of fintech in finance and its latest developments as well as trends.This fourth volume covers the foundation of fintech, which is ethics and governance, and advanced topics in two of the most important technologies, artificial intelligence and blockchain. Together with the second part in applications and trends (fifth volume), these two books will deepen readers' understanding of the fintech fundamentals covered in previous volumes through various applications and analysis of impacts and trends.Bundle set: Global Fintech Institute-Chartered Fintech Professional Set I

Download or read book The Potential for Blockchain Technology in Corporate Governance written by Takahiro Yasui and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Blockchain Enabled Corporate Governance and Regulation written by Dulani Jayasuriya and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is considerable hype about blockchain in almost every industry, including finance, with significant investments globally. We conduct a systematic review of 851 records and construct a final article sample of 183 for the sample period 2012 to 2020 to identify relevant factors for blockchain adoption in corporate governance. We conduct textual and empirical analysis to develop a decentralized autonomous governance framework and link traditional corporate governance theories to blockchain adoption. Furthermore, we explore present and future use cases and implications of blockchains in corporate governance. Using our systematic review and textual analysis, we further identify gaps and common trends between prior academic and industry literature. Moreover, for our empirical analysis, we compile a unique database of blockchain investments to forecast future investments. In addition, we explore blockchain potential in corporate governance during and post COVID-19. We find prior academic articles to mostly focus on regulation (49 studies) and Initial Coin Offerings (ICOs) (46 studies), while industry articles tend to concentrate on exchanges (10 studies) and cryptocurrencies (9 articles). A significant growth in literature is observed for 2017 and 2018. Finally, we provide behavioural, regulatory, ethical and managerial perspectives of blockchain adoption in corporate governance. Full paper available at https://doi.org/10.3390/ijfs8020036.

Download or read book Blockchain Governance written by Darcy W E. Allen and published by . This book was released on 2020 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding the complexities of blockchain governance is urgent. The aim of this paper is to draw on other theories of governance to provide insight into the design of blockchain governance mechanisms. We define blockchain governance as the processes by which stakeholders (those who are affected by and can affect the network) exercise bargaining power over the network. Major considerations include the definition of stakeholders, how the consensus mechanism distributes endogenous bargaining power between those stakeholders, the interaction of exogenous governance mechanisms and institutional frameworks, and the needs for bootstrapping networks. We propose that on-chain governance models can only be partial because of the existence of implicit contracts that embed expectations of return among diverse stakeholders.