Insurance products can be optimized with emerging decentralized technology. We propose the use of cryptocurrencies as claims on future cash flows of an underwriting business operated by a Decentralized Autonomous Organization (DAO). The design of our DAO allows for decentralized collaboration...

The authors examine the emergence and proliferation of stable cryptocurrencies and their uses. After evaluating the core shortcomings associated with fiat currencies, the authors highlight the benefits of stable cryptocurrencies for monetary policymaking, overall market stability, and their...

Frontmatter -- Acknowledgments -- About the Authors -- Contents -- List of Figures -- Preface: Two Perspectives -- Overview and Introduction -- Chapter 1 Historical Sketches of Centralization Versus Decentralization -- Chapter 2 Contemporary Decentralization -- Chapter 3 Future Decentralization...

The rapid evolution of anonymous, autonomous, and distributed blockchain-based smart contracting creates friction and enforceability issues with existing legal and jurisdictional principles, calling the future governance of blockchain technology into question. The effective governance of...

Internet-based platform businesses outcompete traditional brick and mortar business on nearly all measures of comparison. Similarly, distributed ledger technology (DLT) businesses depend on the internet and show a lot of promise in multiple business verticals. Yet, internet-based platform...

Chapter 9 emphasizes the role of history in the creation of decentralized organizations. Access to historical records creates transparency and accountability and enables punishment and rewards in decentralized organizations which changes the motivations of members from a focus on immediate...

The Secure Proof of Stake protocol (SPoS) uses a reputation-verification platform to solve the centralization, efficiency, and security problems that afflict existing blockchain consensus protocols. At heart, a secure proof of stake protocol follows naturally from a secure decentralized...

Chapter 10 highlights the need for the establishment and maintenance of unifying transcendental values of decentralized organizations. Unlike scientific laws, transcendental values cannot be stated formally and explicitly. The power of a decentralized organization derives from its ability to...

Chapter 2 highlights the transition from Web 2.0 companies, such as Google, Facebook, and Uber, among many others, which have disrupted much of the economy, to more decentralized solutions. Consumers around the globe are becoming increasingly accustomed to the advantages of decentralized...

This Preface summarizes the authors’ respective perspectives and precepts on the topic of decentralization that motivated the publication of their jointly au-thored book "DECENTRALIZATION - TECHNOLOGY'S IMPACT ON ORGANIZATIONAL AND SOCIETAL STRUCTURE", DEGRUYTER PUBLISHERS (2021). United by a...