Abstract
Blockchain technology has already shifted our thinking towards a different way of organizing and collaborating. Cryptography in peer-to-peer immutable networks, has already led to experimentation in alternative Trust mechanisms in several areas of our societal structure. Change is given, even though the most dominant technology of such networks has not yet been decided. The direction of change is towards self-sovereign identity and being your own bank.
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Notes
- 1.
Ian Goldin is an Oxford University Professor of Globalisation and Development and runs the Oxford Martin program on technological and economic change. He is the author of several books.
- 2.
GAFA is an acronym for these high growth technology companies: Google, Apple, Facebook, Amazon.
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FANG is an acronym for these high growth technology companies: Facebook, Amazon, Netflix and Google.
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BAT is an acronym for these high growth technology companies: Baidu, Alibaba, Tencent.
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The debate as to whether Bitcoin, is Digital money (with the conventional three properties of money) or Digital Gold or something else, is beyond this argument. The fact is that it is a peer-to-peer network operating securely for over 10Â years.
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In 2009 Elinor Ostrom and Oliver Williamson shared the Nobel Memorial Prize in Economic Sciences. They were recognized for their work on economic governance, especially the commons. To date, Elinor Ostrom remains the only woman to win the Nobel Prize in Economics.
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David Dao is a PhD student at ETH and is also leading research at DS3Lab on machine learning against climate change, mapping the ethical use of AI and directing the Kara research project towards building a market for privacy preserving data for medical research. https://daviddao.org/
- 10.
GainForest is an award winning not for profit. https://www.gainforest.app/#/
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Nick Szabo is a recognized computer scientist and legal scholar known for his research in digital contracts and digital currencies. The Gods protocol was originally published in 1997 and is the description of an ideal, fair and transparent protocol. https://nakamotoinstitute.org/the-god-protocols/
- 13.
Kiva is a non-profit launched in 2005 and focused on financial inclusion. The Kiva protocol was first launched in 2019. https://pages.kiva.org/kiva-protocol-faq
References
Casey, M. J., & Vigna, P. (2018). The truth machine: The blockchain and the future of everything. New York: St. Martin’s Press.
Ostrom, E. (2015). Governing the commons: The evolution of institutions for collective action (canto classics). Cambridge: Cambridge University Press.
Schuler, M. C. (2019). European social capital system. In Die Zukunft der Blockchain: Ein Systemtheoretisches Leitbild zur Herausbildung der nachsten Internet Technologie. Zeppelin University. Retrieved from https://www.epubli.de/shop/buch/Die-Zukunft-der-Blockchain%2D%2D-Ein-systemtheoretisches-Leitbild-zur-Herausbildung-der-n%C3%A4chsten-Internet-Technologie-Marius-C-Schuler-978374854
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Pylarinou, E. (2021). Cryptography Leads the Next Wave of Societal Change. In: Wendt, K. (eds) Theories of Change. Sustainable Finance. Springer, Cham. https://doi.org/10.1007/978-3-030-52275-9_21
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DOI: https://doi.org/10.1007/978-3-030-52275-9_21
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