Blockchain technology breathes new life into the classical analysis of money as a substitute for a ledger of all past transactions. While it involves updating the ledger through a decentralized consensus on the unique truth, the robustness of the equilibrium that supports this consensus depends...

Blockchain-based distributed ledgers (“Blockchain Ledgers”) provide an immutable, secure, and tamper evident alternative to conventional transactional modalities, one which also yields enhanced accountability, traceability, and transparency. The inherent benefits, and hence growing adoption...

Innovation and technology have led to the redefinition of business models and development of new ones in many bricks and mortar sectors. Similarly, blockchain and fintech have impacted the finance and banking industries and are expected to further affect them in the future, leading some media to...

Permissionless blockchains have been described as a novel institutional building block for voluntary economic exchange, with unique protocol features such as automated contract execution, high levels of network and process transparency, and uniquely distributed governance. We argue that...

Visual artists in countries that do not recognize the artist’s resale right are at an economic disadvantage, while some countries that recognize the right experience practical difficulties in identifying and tracking resales that are subject to royalty payments for artists. As blockchain...

This paper studies the benefit of the blockchain food traceability system (BFTS). Based on game theory and the willingness-to-pay model, pricing models are formulated considering important factors like the proportion of consumers with high expertise in traceability, risk attitude to doubtful...

In the Delegated Proof-of-Stake blockchain, block producers (BP) are elected by stake-weighted vote. The supermajority of BPs can change the rule of the blockchain; thus, preventing the centralization of votes is important. We find the optimal number of votes per account (VPA) that minimizes...

Under current Federal Information Security Management Act of 2002 (FISMA) requirements, all new Federal information technology (IT) programs and modernization efforts using blockchain must meet National Institute of Standards and Technology (NIST) cryptographic standards. This report evaluates...

This research work, a study was carried out on blockchain technology and its types, as well as the creation of new models of government and governance from the scope of an organization, infrastructure and platform. Governance and commercial models were addressed, based on standardization of data...