Impact of System Design Features on Blockchain Use Cases

Language: English

Published by GRIN Verlag, GRIN Verlag, 2018

366885307X / 9783668853072

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Softcover

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Druck auf Anfrage Neuware - Printed after ordering - Bachelor Thesis from the year 2018 in the subject Economics - Other, grade: 1,7, University of Freiburg, language: English, abstract: Information technology has already impacted business and industry practices in a profound way. With the rise of the Internet the world industries can interact easily with each other. A new technology that recently has gotten a lot of attention is the blockchain - the technology behind Bitcoin and most other cryptocurrencies. There is a big hype (and potentially bubble) about the cryptocurrencys market which draws a lot of attention to the blockchain technology. But the blockchain is much more than just the technology behind bitcoin.It lays the foundation for a new economic system, the 'crypto-economy'. It is 'not defined by geographic location, political structure, or legal system, but which uses cryptographic techniques to constrain behaviour in place of using trusted third parties' (Babitt and Dietz 2014). Cryptoeconomics is the practical science, that focuses on the design of the protocols, that make cryptoeconomy possible. Cryptography is used to prove prove properties established in the past (e.g. account balances, identities, ownership). Economic incentives defined inside the system encourage desired properties to hold into the future (e.g. Bitcoin mining).…

Seller Inventory # 9783668853072

Title
Impact of System Design Features on Blockchain Use Cases
Author
Robert Deimann
Publisher
GRIN Verlag, GRIN Verlag
Publication year
2018
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
366885307X
ISBN 13
9783668853072
Item weight
79 grams
Dimensions
210x148x4 mm

AHA-BUCH GmbH

Einbeck, Germany

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