In the digital world, blockchain technology is a relatively new concept. It is among the newest technologies of the contemporary day. The foundation for bitcoins and other cryptocurrencies is blockchain. Blockchains have an unalterable digital record that is serving as the foundation for all...

We provide evidence that the settlement market in blockchain systems deviates from a perfectly competitive market. Examining the bitcoin blockchain, we document that 5.88% of transactions, which we label as private, bypass the competitive process and seem to be channelled directly to miners....

Even though blockchain as a research topic incites broad academic interest, there is arguably a balkanization that occurred along the natural delineation between public-permissionless blockchains and private-permissioned blockchains. IS researchers, for instance, have been more inclined to...

Reports of disruptive cyber breaches remain a daily occurrence. The costs to individuals, businesses, government, healthcare providers, and educational and municipal institutions is staggering. Policy makers and corporate management continue to struggle to find solutions to these wicked...

Web3 and DeFi are widely advocated as innovations for greater financial inclusion and democratization. We conduct an initial investigation using large-scale computing and big data concerning Ethereum, the largest Web3 platform. We describe its network structure, time trends, and distributions of...

Blockchain-based systems, by virtue of their technological features, present challenges to the rule of law. These systems work in a transnational and decentralised fashion, often with pseudonymous user identities, executing code autonomously without the possibility of coercion by any single...