Blockchain Revolution

part-i/.
19
. Nick Szabo, “Formalizing and Securing Relationships on Public Networks,”
http://szabo.best.vwh.net/formalize.html.
20
. http://szabo.best.vwh.net/smart.contracts.html.
21
. Interview with Aaron Wright, August 10, 2015.
22
. Cryptographers started using “Alice” and “Bob” instead of “Party A” and “Party B” as a convenient way to
describe exchanges between them, lending some clarity and familiarity to discussions about computational
encryption. The practice is said to date from Ron Rivest’s 1978 work, “Security’s Inseparable Couple,”
Communications of the ACM. Network World, February 7, 2005;
www.networkworld.com/news/2005/020705widernetaliceandbob.html.
23
. GitHub.com, January 3, 2012; https://github.com/bitcoin/bips/blob/master/bip-0016.mediawiki, accessed
September 30, 2015.
24
. www.coindesk.com/hedgy-hopes-tackle-bitcoin-volatility-using-multi-signature-technolog/.
25
. https://books.google.ca/books?id=VXIDgGjLHVgC&pg=PA19&lpg=PA19&
dq=a+workman+moves+from+department+Y+to+department+X&source=bl&ots=RHb0qrpLz_&sig=LaZFqatLYllrBW8ikPn4PEZ9_7U&hl=en&sa=X&ved=0ahUKEwjgyuO2gKfKAhUDpB4KHb0JDcAQ6AEIITAB#v=onepage&q=a
%20workman%20moves%20from%20department%20Y%20to%20department% 20X&f=false.
26
. Elliot Jaques, “In Praise of Hierarchy,” Harvard Business Review, January–February 1990.
27
. Interview with Yochai Benkler, August 26, 2015.
28
. Tapscott and Ticoll, The Naked Corporation.
29
. Werner Erhard and Michael C. Jensen, “Putting Integrity into Finance: A Purely Positive Approach,”
November 27, 2015, Harvard Business School NOM Unit Working Paper No. 12-074; Barbados Group Working
Paper No. 12-01; European Corporate Governance Institute (ECGI)—Finance Working Paper No. 417/2014.
30
. Bank of America’s Average Return on Equity since December 31, 2009, is less than 2 percent;
https://ycharts.com/companies/BAC/return_on_equity.
31
. Interview with Steve Omohundro, May 28, 2015.
32
. E-mail interview with David Ticoll, December 9, 2015.
33
. Interview with Melanie Swan, September 14, 2015.
34
. https://hbr.org/1990/05/the-core-competence-of-the-corporation.
35
. Michael Porter, “What Is Strategy?,” Harvard Business Review, November–December 1996.
36
. Interview with Susan Athey, November 20, 2015.