Some simple economics of the blockchain

By Christian Catalini, Joshua S. Gans. Communications of the ACM, 2016

881 citations recorded by the source corpus.

Blockchain technology can shape innovation and competition in digital platforms, but under what conditions?

Subfields: Information Systems, Management Science and Operations Research, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/70a2b62fc7bdcf8cd356f7ca29e8ac523e02caa9

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Information Systems

In Management Science and Operations Research

In Strategy and Management

Citations in the corpus

Blockchain Governance—A New Way of Organizing Collaborations? (2020, background): “For example, Catalini and Gans (2020) suggest that, although intermediaries may not be needed in most blockchain-powered digital transactions, they could still work complementarily on tasks such as digital forms of veri ﬁ cation for off-line assets.”
Introduction - Platforms and Infrastructures in the Digital Age (2018, background): “Koutroumpis et al. (2017) lay out some of the challenges of implementing data markets and suggest that blockchain technology may provide a way to create markets with enforceable contracts (for a review, see Catalini and Gans 2016).”
Blockchain Technology for Healthcare: Facilitating the Transition to Patient-Driven Interoperability (2018, methodology): “Previous work has used economic theory to describe how blockchain technologywill shape innovation, specifically around lowering the cost of verification of digital attributes and the cost of networking [11].”
Blockchain for Supply Chain Traceability: Business Requirements and Critical Success Factors (2020, background): “Leadership is either within the supply chain motivating supply chain partners or externally in communicating support of the technology (Catalini and Gans 2016, Chow 2018, Jeppsson and Olsson 2017).”
Blockchains and the economic institutions of capitalism (2018, neutral): “As Catalini and Gans (2016) emphasise in their claims that blockchain technology lowers veriﬁcation costs, the lowered costs of opportunism also extend the domain of the market and shrink the domain of organisations.”
Blockchain without Waste: Proof-of-Stake (2020, background): “Harvey (2016), Catalini and Gans (2016) and Yermack (2017) provide overviews.”
Quantification of energy and carbon costs for mining cryptocurrencies (2018, methodology): “= × ÷ × ÷ N P t R kWh coins mined (MW) minutes block 60 minutes hours 1, 000 kWh MWh coins block (5) C B where NC is the daily energy required to produce a coin on a given day and the other parameters have been previously defined.”
On the Financing Benefits of Supply Chain Transparency and Blockchain Adoption (2020, background): “Catalini and Gans (2017) study how blockchain technology could shape innovation by reducing transaction verifiability costs and bypassing intermediaries.”