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Background: Blockchain is a digitally managed, distributed, and decentralized ledger used to record transactions in an … article aims to provide a comprehensive overview of the role of blockchain technology in addressing supply chain and logistics …-related challenges by analyzing, organizing, and reviewing the literature. Results: The study shows that blockchain technology can …
Persistent link: https://www.econbiz.de/10015194694
This paper seeks to situate an understanding of the long-term implications of Smart Contract (SC) technologies as a … include cryptocurrencies, blockchain, and smart contracts as distinct elements) have been the focus of excessive hype that has …
Persistent link: https://www.econbiz.de/10013421001
Although blockchain technology and cryptocurrencies have grown in popularity over the past years, there does not seem … blockchain provides is commitment. I develop a model of an entrepreneur, who can create a network for her users. She can decide … network with a decentralized implementation through the blockchain. Users that join the network are subject to a locked …
Persistent link: https://www.econbiz.de/10013464278
Due to the rapid growth experienced by the market for non-fungible tokens in 2021, the topic has become much more present. Even people who have not previously dealt with the topic of cryptoassets are finding interest in it. What exactly is hidden behind the term NFT, which areas of application...
Persistent link: https://www.econbiz.de/10014282611
his paper studies the desirability of programmable payments where transfers are automatically executed conditional upon preset objective criteria. We do so by studying optimal payment arrangements in a framework that captures a wide range of economic relationships between two parties. Our...
Persistent link: https://www.econbiz.de/10014321751
Persistent link: https://www.econbiz.de/10014495348
Digital innovations in finance have in recent years attracted strong interest from public authorities, financial sector stakeholders and academics alike, inter alia on account of their promise to reduce, or to altogether eliminate, the inefficiencies surrounding the execution and settlement of...
Persistent link: https://www.econbiz.de/10011985262
digital platforms and the Finnish contract law. We examine how well the formation mechanisms of the general principles of … contract law can be applied to the new technological framework of smart contracts. In addition, the adoptability of smart … parties. The mechanism best suited for describing the formation of a smart contract seems to be analogous to a vending machine …
Persistent link: https://www.econbiz.de/10012037677
digital platforms and the Finnish contract law. We examine how well the formation mechanisms of the general principles of … contract law can be applied to the new technological framework of smart contracts. In addition, the adoptability of smart … parties. The mechanism best suited for describing the formation of a smart contract seems to be analogous to a vending machine …
Persistent link: https://www.econbiz.de/10012037688
The blockchain is a technology that goes beyond timestamping, bitcoin and secure financial transactions. The … development of an ecosystem around smart connected objects will probably not happen without the blockchain (in one form or another …). The blockchain opens the door to the liquification of the physical world, to the economy of real-time micro …
Persistent link: https://www.econbiz.de/10011815786