Blockchain Revolution

n
Culture,
21
,
226
–50. See also Art; Music
on the blockchain,
249
–50
privacy, free speech and free press,
243
–46
role of education,
246
–49
Cuomo, Andrew,
289
Cyberclones,
42
Data analytics,
233
–34
Data breaches,
39
,
43
,
92
,
118
,
151
–52
Data mining,
36
David, Paul,
57
Decentralization,
91
–92,
106
–7,
117
–18,
162
–63,
293
–96
Declaration of Independence,
19
Declaration of Interdependence,
308
–9
Deegan, Patrick,
81
De Filippi, Primavera,
258
,
264
,
265
,
288
Delegative democracy,
218
–19
Deliberative polling,
223
Delivery networks,
301
–2
Deloitte,
68
,
76
–77,
78
Democracy,
9
,
13
,
23
. See also Governments; Voting
alternative models of politics and justice,
218
–21
on the blockchain,
214
–15
engaging citizens to solve big problems,
221
–23
second era of,
211
–15
tools of twenty-first-century,
223
–25
Democratized entrepreneurship,
179
–81
DEMOS,
215
–16
Desertification,
149
–50
Design principles,
29
–52
distributed power,
33
–35
in government,
201
–3
inclusion,
49
–51
networked integrity,
30
–33
privacy,
41
–56
rights preserved,
45
–49
security,
39
–41
value as incentive,
35
–39
De Soto, Hernando
citizen rights,
200
,
201
,
310
economic rights,
19
–20,
56
,
174
,
178
,
193
,
194
,
310
Developers, as players in blockchain ecosystem,
285
Diasporas,
306
–7
Dictator’s learning curve,
265
DigiCash,
4
,
247
Digital Asset Holdings,
63
,
65
Digital brainstorming,
223
Digital certificates,
40
Digital content management system,
238

---

Digital Currency Association, U.K.,
302
Digital Currency Group,
86
,
284
Digital Currency Initiative (DCI),
247
,
282
,
284
,
286
,
301
,
303
,
305
Digital Economy, The (Tapscott),
164
,
212
,
309
Digital identity,
15
–16,
140
,
176
,
177
–78,
197
–98,
203
–4,
264
–65
Digital registry of artwork,
132
–33,
242
–43
Digital rights management (DRM),
132
,
234
Dilbert Principle, The (Adams),
106
Direct democracy,
214
,
218
Disease management,
151
,
158
Disney, Walt,
246
Dispute resolution,
100
,
105
,
193
,
219
,
221
Distributed applications (DApps),
117
–22
bAirbnb,
115
–17
Distributed autonomous enterprises (DAEs),
22
,
120
,
121
,
126
–28,
143
–44,
273
–74
Distributed capitalism,
25
,
49
,
163
Distributed ledgers,
6
–8,
18
,
64
,
65
,
156
,
181
,
208
–9
Distributed power,
33
–35,
202
Distributed user accounts,
37
Document keeping,
159
,
205
Domingo, Analie,
182
–83,
186
–87,
325
n
Double-entry accounting,
7
,
74
,
75
,
310
Double-spend problem,
30
–31,
132
Downey, Paul,
205
Draper, Adam,
286
–87
Draper, Tim,
284
,
310
Drug therapies,
151
,
158
Dylan, Bob,
110
ECash,
4
Economic power,
12
–13,
172
–75
Economic rights,
19
–20,
45
–49,
132
–34,
172
,
175
Edelman’s Trust Barometer,
10
Education
players in blockchain ecosystem,
286
role in culture,
246
–49
Edwards, Jim,
200
Electricity consumption of blockchain,
24
,
259
–63
Electronic voting (e-voting),
198
,
215
–17
Ellipse (album),
227
–28
Emergency services, in IoTs,
158
Empowerment,
107
,
208
Encryption,
28
,
40
,
243
–44,
314
n
End-to-end (E2E) e-voting systems,
215
–16
Energy consumption of blockchain,
24
,
259
–63
Energy grids,
145
–50
Energy management, in IoT,
157
Enigma,
27
–28
Enterprise collaborators,
139
–42
Entrepreneurship,
22
–23,
179
–81
Environmental Defense Fund,
222
Environmental monitoring, in IoTs,
158

---

Epigraph,
194
Ernst & Young,
33
,
36
Essex, Aleks,
215
Estonia,
197
–99,
203
,
204
,
206
–7
Ethereum,
37
,
83
,
87
–88,
119
,
262
,
278
,
279
–80
Exchanging value, in financial services,
62
,
64
Executive Order 6102,
258
Facebook,
13
,
81
,
118
,
140
,
180
,
246
Factom,
94
,
194
,
245
–46
Factory of Things,
160
Fair competition,
93
–94
Fairfield, Josh,
34
,
263
,
264
,
293
Fair trade music,
227
–39
Farming,
157
–58
Featured Artists Coalition,
226
Federal Reserve, U.S.,
57
,
174
,
293
,
294
FedEx,
147
Fiat currencies,
217
,
255
,
292
,
293
–96
cryptocurrencies vs.,
5
,
38
,
256
,
260
FICO score,
80
,
82
51 percent attack,
67
,
266
–67,
269
Filament,
146
–48,
157
,
260
Financial aid for students,
248
–49
Financial crisis of 2008,
5
,
10
,
56
,
108
,
193
,
293
,
296
Financial identity,
15
–16,
140
,
176
,
177
–78,
179
Financial inclusion, as fundamental right,
19
–20,
172
,
175
Financial intermediaries,
56
,
57
,
58
,
61
Financial leverage,
56
Financial risk,
59
–60,
63
,
64
Financial services,
55
–86. See also Microfinance
blockchain IPOs,
82
–84
blockchain transformations of,
8
,
18
–19,
58
–63,
64
,
128
frameworks for accounting and corporate governance,
73
–79
Golden Eight of,
61
–63,
64
,
86
identity issues,
61
,
64
,
78
–79
paradoxes of traditional finance,
55
–57
players in blockchain ecosystem,
285
prediction markets,
84
–85
reputation and credit score,
79
–82
retail services,
71
–73
smart devices and IoT,
159
from stock exchanges to block exchanges,
63
,
65
–66
Financial stability,
295
Financial utility,
69
–70
Firefox Web,
129
First era of the Internet,
3
–4,
12
–14,
15
,
39
,
49
,
92
,
95
,
106
,
124
,
265
,
281
–82,
299
–300
“Float,”
45
FNY Capital,
83
Food industry,
138
–39,
157
–58
Ford, Henry,
246
Forde, Brian,
247
,
282
,
286
,
287
,
305

---

Foreign aid,
20
–21,
188
–92
Formation costs,
179
Fragmenting public discourse,
212
–13
Free agent nation,
110
Freedom of Information laws,
208
–9
Free press,
243
–46
Free speech,
243
–46
Freitas, Miguel,
246
Funding, in financial services,
62
–63,
64
Fund-raising,
179
Futarchy,
220
Future Crimes (Goodman),
276
Future-proofing,
152
,
197
Galaxy Zoo,
12
Gauck, Joachim,
52
Gault, Mike,
199
Gemini,
284
,
291
Gems,
94
–95
Gender differences, in banking access,
178
,
192
Germany,
27
,
51
–52
GetGems,
245
Gibson, William,
255
GitHub,
89
,
138
Global solution networks (GSNs),
283
,
300
–307
Global standards networks,
304
–6
“God Protocol, The” (Szabo),
4
–5
Gold,
34
,
95
,
199
,
254
,
260
Goldcorp Challenge,
223
Golden Eight,
61
–63,
64
,
86
Goldman Sachs,
66
,
70
,
71
,
284
Goodman, Marc,
276
Google,
13
,
96
,
118
,
140
,
143
,
161
,
180
,
255
,
270
,
275
Gore, Al,
212
Governance,
24
,
283
,
288
–89,
307
distributed power,
33
–35,
273
in financial services,
73
–79
new framework for blockchain,
298
–307
regulations vs.,
296
–97
Government Digital Service, U.K.,
205
Governments,
9
,
13
,
23
,
197
–225
alternative models of politics and justice,
218
–21
Big Brother,
244
,
274
–75
blockchain voting,
215
–17
design principles in,
201
–3
empowering people to serve selves and others,
207
–11
engaging citizens to solve big problems,
221
–23
Estonia example,
197
–99,
203
,
204
,
206
–7
in financial services industry,
70
high-performance services and operations,
203
–7
players in blockchain ecosystem,
286
–87
second era of democracy,
211
–15

---

stifling or twisting bitcoin,
263
–65
tools of twenty-first-century,
223
–25
Grande, Ariana,
228
Greifeld, Bob,
65
,
66
,
84
Guardtime,
199
Guez, Bruno,
238
Gun rights,
200
–201,
276
Gupta, Vinay,
226
,
227
Hacking,
39
,
40
,
41
,
118
–19,
138
,
151
–52,
243
–44
boundary decisions,
112
–14
business model innovation,
142
–44
DAEs,
273
–74
smart things,
168
–69
Hagel, John,
94
Haiti
earthquake of 2010,
20
–21,
188
–89
remittances,
183
Haldane, Andrew,
9
Hamel, Gary,
110
Hanks, Tom,
78
Hanson, Robin,
220
Hashcash,
34
Hash rate,
241
,
260
Hash value,
32
Hawking, Stephen,
274
Health care,
151
,
158
Heap, Imogen,
21
,
226
,
227
–28,
229
,
231
–35
Hearn, Mike,
69
,
164
–65,
271
,
282
HedgeStreet,
84
Hedgy,
105
Herstatt risk,
59
–60
Hewlett-Packard,
150
Hierarchies,
12
,
88
,
93
–101,
105
–6
High latency,
256
–57
Hill, Austin,
28
design principles,
38
,
40
–41,
43
,
51
financial services,
63
,
65
–67,
76
implementation challenges,
262
,
272
Holacracy,
48
–49,
88
Hollywood Stock Exchange,
84
Home management,
161
,
275
Homomorphic encryption,
28
Honduras,
193
–95
Honesty,
10
,
11
Horizontal search,
97
Humanitarian aid,
20
–21,
188
–92
Human Rights Watch,
200
Hyperledger Project,
69
–70,
285
,
305
IBM,
39
,
111
,
118
,
129
–30,
150
,
153
IBM Connections,
139

---

IBM Institute for Business Value,
163
Ideagoras,
137
,
138
Identity,
3
–4,
14
–16,
264
–65. See also Digital identity
in bAirbnb,
116
for citizens,
197
–98,
203
–4
economic inclusion and,
176
,
177
–78
in financial services,
61
,