Blockchains and the boundaries of self-organized economies: predictions for the future of banking

Book chapter published in Banking Beyond Banks and Money Abstract: This chapter uses economic theory to explore the implications of the blockchain technology on the future of banking. We apply an economic analysis of blockchains based on both new institutional economics and public choice economics. Our main focus is on the economics of why banks … Continue reading Blockchains and the boundaries of self-organized economies: predictions for the future of banking