Blockchain Revolution

64
,
73
–79
double-entry,
7
,
74
,
75
,
310
triple-entry,
77
,
78
–79,
180
World Wide Ledger,
6
–8,
75
–77,
142
Accounting fraud,
74
,
76
AccountingWEB,
74
Adams, Scott,
106
Advocacy networks,
302
–3
Agency costs,
107
Agency risk,
60
Agenda, for next digital age,
307
–9
Aggregating economy,
17
–18,
134
–35,
164
–65
Agora Voting,
218
–19
Agriculture,
138
–39,
157
–58
Airbnb,
17
,
18
,
115
–17,
134
,
135
,
270
Allaire, Jeremy,
71
–72,
75
–76
Allianz,
156
Allied Control,
261
Altcoins,
60
,
257
Amazon,
13
,
72
–73,
118
,
122
,
123
American Association of Independent Music,
230
American Society of Composers, Authors and Publishers (ASCAP),
229
Andreessen, Marc,
5
,
9
,
80
,
311
Andreessen Horowitz,
178
–79,
284
Andresen, Gavin,
51
,
104
,
285
,
305
implementation challenges,
257
,
260
,
262
,
271
–72

---

Angaritis, Dino Mark,
31
–32,
115
,
131
,
153
Animating objects,
22
,
155
,
156
–61
Anti–money laundering/know your customer (AML/KYC),
42
,
44
,
302
Antonopoulos, Andreas,
70
,
125
,
128
,
225
,
233
,
255
design principles,
40
,
47
–48
digital identity,
15
,
264
–65
re-architecting the firm,
86
,
96
,
97
,
98
,
102
AOL,
255
Apple,
13
,
118
,
150
,
161
,
229
,
235
Application specific integrated circuits (ASICs),
261
Arab Spring,
200
Ariely, Dan,
279
Art (artists),
21
,
239
–43
buying through bitcoin blockchain,
240
–42
ownership rights,
45
–49,
132
–33
profile of next-gen patron,
242
–43
Artificial intelligence (AI),
91
,
123
,
265
,
274
Artist-centric music model,
231
–35
Artists and repertoire (A&R),
238
–39
Artlery,
239
–43
Ascribe,
132
–33,
243
Asset ownership,
19
–20,
193
–95
Asymmetric cryptography,
39
–40
Athey, Susan,
111
Attention markets,
140
–41
Attestation, in financial services,
56
,
57
,
58
Auction/dynamic pricing mechanisms,
234
Audits,
6
–7,
63
,
75
–77,
78
Augur,
82
,
83
,
84
–85,
181
,
220
,
224
Australian outback, power poles,
145
,
146
–47
Authenticating identity and value, in financial services,
61
,
64
Automated Clearing House (ACH),
59
,
293
Automated subsidiary rights management,
234
Autonomous agents,
22
,
120
,
121
,
122
–25,
126
,
321
–22n
Autonomous vehicles,
156
–57,
165
–67
Back, Adam,
34
,
41
“Backdoor access,”
244
Background checks,
176
bAirbnb,
115
–17
Balanc3,
76
,
178
Bandcamp,
235
Bank of Canada,
9
,
294
,
296
Bank of England,
9
,
294
Bankruptcy laws,
174
Banks. See also Central banks; Financial services
unbanked and underbanked,
170
–72,
175
–78
Barclays,
68
–69,
75
Barclays Accelerator,
68
–69
Barhydt, Bill,
187
–88
Beauregard, Steve,
297
Behavioral change,
257

---

Bengloff, Rich,
230
Benkler, Yochai,
94
,
107
,
277
new business models,
129
–30,
134
,
135
,
139
Bernanke, Ben,
294
Berners-Lee, Tim,
281
Big Brother,
244
,
274
–75
Big data,
44
,
151
,
225
Big Seven,
128
–42
Birch, David,
177
Bitcoin,
5
–10,
278
–79
buying art through blockchain,
240
–43
design principles. See Design principles
implementation challenges. See Implementation challenges
the players,
283
–89
Bitcoin Foundation,
305
Bitcoin Lightning Network,
59
,
288
Bitcoin Magazine,
279
Bitcoin Weekly,
279
Bitcoin XT,
271
–72
BitFury,
261
BitGo,
287
,
303
BitLicense,
286
,
291
BitMoby,
50
–51
BitPay,
48
,
72
,
246
,
260
,
263
,
266
BitTorrent,
34
,
119
,
246
Black, Doug,
292
–93
BlackBerry,
150
Black box marketing,
97
Black box of identity,
14
–16
Blockapedia,
131
,
224
Blockchain
distributed ledger technology,
6
–8,
18
governance network,
298
–308
how it works,
6
–8
implementation challenges. See Implementation challenges
plan for prosperity,
17
–23
players in ecosystem,
283
–89
promise and peril of,
24
–26
rational exuberance for,
8
–10
seven design principles. See Design principles
Blockchain Alliance,
303
–4
Blockchain cooperatives,
134
–35
Blockchain IPOs,
82
–84,
127
,
180
,
181
Blockchain judiciary,
220
–21
Blockchain makers,
138
–39
Blockchain voting,
215
–17
Blockcom,
90
,
127
Blocking Web sites,
244
–45
Blockstream,
28
,
38
,
65
–66
Block time,
255
–57
Bootstrapping,
34
Boring, Perianne,
208
,
287
,
288

---

Boundary changes,
92
–109
Boundary decisions,
109
–14
Bouvier, Pascal,
269
Brand, Stewart,
129
Bretton Woods system,
281
,
295
–96,
298
Brito, Jerry,
263
,
264
,
286
,
287
,
291
,
297
,
301
Broadcast Music, Inc. (BMI),
229
Brody, Paul,
33
Brown, John Seely,
94
Brown, Richard Gendal,
69
BTCjam,
81
Building management, in IoTs,
159
–60
Business building, components of,
179
–80
Business models,
115
–44,
168
autonomous agents,
122
–25
bAirbnb vs. Airbnb,
115
–17
Big Seven,
128
–42
distributed applications,
117
–22
distributed autonomous enterprises,
126
–28
hacking your future,
142
–44
Buterin, Vitalik,
87
–88,
262
,
278
–80
autonomous agents,
123
,
125
consensus mechanisms,
31
futarchy,
220
re-architecting the firm,
18
,
87
–88,
96
,
100
–101
Buzzcar,
137
Byrne, David,
227
Byrne, Patrick,
83
Byzantine Generals’ Problem,
241
Cabell, James Branch,
277
California Public Employees’ Retirement System,
77
Campus microgrids,
148
“Canonical persona,”
16
,
140
Cap-and-trade system,
222
–23
Capital in the Twenty-First Century (Piketty),
173
,
175
Carlyle, James,
69
Cars,
137
,
164
–67,
165
–67
Cavoukian, Ann,
27
,
28
,
41
,
42
,
51
–52,
275
CBW Bank,
73
Ceglowski, Maciej,
254
,
275
Central banks (banking),
9
,
31
,
57
,
286
–87,
293
–96,
309
Cerf, Vint,
274
,
281
,
299
Chain (company),
67
–68
Chamber of Digital Commerce,
208
,
287
,
288
,
302
,
303
Change.org,
304
Chase, Robin,
137
Chaum, David,
4
,
219
Chesky, Brian,
135
China,
13
,
56
,
174
,
243
–45,
264
,
266
–67,
272
Choi, Constance,
288
,
307
Christie, Chris,
98

---

Circle,
83
,
284
Circle Internet Financial,
71
–72
Cisco Quad,
139
Civil Justice Council, U.K.,
221
Clark, David,
281
Clark, Jeremy,
215
Climate change,
149
,
221
–23
Cloud computing,
118
,
122
Coalition for Automated Legal Applications (COALA),
301
–2,
303
Coase, Ronald,
74
,
92
–93,
100
,
105
,
121
,
142
,
319
n
Cohen, Bram,
119
,
262
Coinbase,
44
,
83
–84,
284
,
302
Coin Center,
286
,
287
,
302
,
303
CoinPip,
217
Collaboration,
139
–42
Collins, John,
302
Colu,
238
CommitCoin,
215
“Commons-based peer production,”
129
Competitive advantage,
64
,
66
,
110
–11,
140
Complex instruction set computer (CISC),
260
–61
CompuServe,
118
Computer viruses,
122
,
123
Computing, evolution of,
150
–52
Conflict adjudication,
100
,
105
,
219
,
221
Conflicts of interest,
100
,
125
Consensus mechanisms,
30
–33,
36
–37,
95
,
98
,
262
,
266
,
305
Consensus Systems (ConsenSys),
15
,
87
–92,
99
,
101
,
112
–14,
130
Consideration,
10
,
30
Conspiracy theories,
213
Content ID,
235
Contract breaches,
104
,
258
Contracting costs,
99
–101
Contracts. See Smart contracts
Coordination costs,
92
,
93
,
105
–7,
121
,
142
,
166
Copyright,
45
–49,
132
–33,
228
–31,
234
,
236
,
237
–38
Core competencies,
110
–12
Corporate boundaries
changing,
92
–109
determining,
109
–14
Corporate governance, in financial services,
73
–79
Corporations, reconfiguring as engine of capitalism,
21
–22. See also New business models; Re-architecting the
firm
Corruption,
19
,
20
–21,
50
,
188
–89,
193
–94,
195
–96
Counterparty risk,
59
Coursera,
248
–49
Creative industries. See Art; Music
Credit cards,
4
,
36
,
42
–43,
62
,
79
Credit scores,
62
,
79
–82,
177
Criminal uses,
4
,
9
,
128
,
275
–76,
303
CrisisCommons,
189
Crowdfunding,
82
–83,
128
,
181
,
245
–46

---

CrowdJury,
220
–21
Cryptocurrencies,
5
,
9
–10
Cryptoeconomics,
119
,
321