Blockchain Revolution

64
,
78
–79
for IoTs,
147
–48
personal avatars,
14
–16,
45
,
99
,
204
privacy and,
41
–45
Ilves, Toomas Hendrik,
197
Implementation challenges,
24
,
195
–96,
253
–77
Big Brother watching you,
274
–75
criminal use,
275
–76
DAEs forming Skynet,
273
–74
energy consumption unsustainable,
259
–63
governing protocols,
271
–72
governments stifle or twist it,
263
–65
incentives inadequate for distributed mass collaboration,
267
job killer,
270
–71
powerful incumbents usurping it,
265
–67
technology not ready for prime time,
254
–58
Inaccessibility,
256
–57
Incentives,
35
–39,
130
–31,
202
,
267
Inclusion,
49
–51,
202
–3,
308
economic, as fundamental right,
19
–20,
175
Incumbency,
265
–67
Independent contractors,
103
–4,
137
–38
Industrial blockchain,
154
,
160
Inequality,
12
–13,
173
,
174
,
175
Infinite data,
151
,
162
,
274
–75
Inflation,
37
–38,
256
Infrastructure management,
157
,
206
–7
InnoCentive,
95
,
137
–38
Inno360,
95
,
137
In-Out Matrix,
111
–12,
112
Institute for Blockchain Studies,
110
,
204
,
224
,
248
Institute for Liberty and Democracy,
19
Insurance,
63
,
64
,
116
–17,
159
,
181
Insuring value, in financial services,
63
,
64
Integrated government,
203
–5
Integrity,
10
,
30
–33,
74
,
76
,
108
,
199
,
201
–2
Intel,
38
,
155
Intellectual property rights,
21
art,
239
–43
music,
226
–39
International Corporation for Assigned Names and Numbers (ICANN),
271
,
281
,
300
,
301
International Labour Organization,
172
–73
International Monetary Fund,
183
,
281
,
295
International Telecommunications Union,
195
Internet, first era. See First era of the Internet
Internet Engineering Task Force (IETF),
271
,
281
,
299
,
305

---

Internet Governance Forum (IGF),
300
Internet of Things (IoT),
3
,
38
,
146
,
147
–48,
152
–55
economic payoffs,
161
–64
future developments,
164
–67
hacking your future,
168
–69
public sector use of,
206
–7
twelve disruptions,
156
–61
Internet Society,
281
,
300
Intrade,
84
Investing, in financial services,
62
–63,
64
IPOs (initial public offerings),
82
–84,
127
,
180
,
181
Iran,
13
Ito, Joichi,
246
–49,
286
,
289
,
301
Jaques, Elliot,
106
Jennings, Eric,
147
–48,
157
,
162
–63,
260
Jensen, Michael,
100
,
108
Jive,
139
Jobanputra, Jalak,
287
Job killer,
270
–71
JPMorgan Chase,
8
,
43
,
63
Jumpstart Our Business Startups Act,
82
–83
Jurisdiction issues,
264
Justice system,
220
–21,
223
Kahn, Bob,
281
Kahneman, Daniel,
279
Kaminska, Izabella,
78
,
257
–58,
266
Karpeles, Mark,
247
Kaye, David,
244
Kaye, Max,
216
Keating, Zoë,
21
,
235
–36,
237
Kessler, Sarah,
135
Keyless signature infrastructure (KSI),
199
Kidder, Tracy,
150
Kim, Joyce,
170
–72,
177
,
287
Kirby, Peter,
194
Knowledge networks,
300
–301
Kulin, Haluk,
43
,
46
,
48
,
178
Kurzweil, Ray,
336
n
Labor markets,
270
–71
Land title registration,
8
,
19
–20,
51
,
188
–89,
193
–95,
198
Larsen, Chris,
59
,
67
Law enforcement,
286
–87
Law profession,
102
–3
Lawsky, Benjamin,
8
,
287
,
289
–92
Leadership,
24
,
281
–309
framework for governance,
298
–307
new agenda for next digital age,
307
–9
the players,
283
–89
regulation and,
289
–93,
296
–97

---

Lederman, Leon,
4
–5
Ledger of Everything,
152
Ledger of Things,
145
–69
economic payoffs,
161
–64
evolution of computing,
150
–52
future developments,
164
–67
hacking your future,
168
–69
Internet of Things,
152
–55
power to the people,
146
–50
twelve disruptions,
156
–61
Legal disputes,
100
,
105
,
193
,
219
,
221
Legal frameworks,
264
Legal recourse, lack of,
258
Lending value, in financial services,
62
,
64
Libertarianism,
199
–200,
201
,
327
n
Library of Congress,
133
Licensed exchanges,
291
Lightfoot, Gordon,
29
Lighthouse,
94
Lih, Andrew,
131
Lincoln, Abraham,
199
LinkedIn,
99
Linux,
12
,
88
,
129
–30,
141
,
282
Linux Foundation,
69
,
285
Lipset, Seymour Martin,
201
Liquid democracy,
218
–19
Liquidity,
256
,
295
Litecoin,
257
Litecoin Association,
267
Literacy,
172
,
195
,
249
Live Nation,
229
Living standards,
172
Locally generated power,
148
,
149
–50
London School of Economics,
74
LO3 Energy,
148
,
149
Lubin, Joseph,
15
–16,
88
–91,
112
–13,
141
,
177
–78
Ludwin, Adam,
68
Lundkvist, Christian,
76
Lyft,
134
,
164
MaidSafe,
95
Mainframes,
150
Malaysia Airlines Flight MH370,
213
Managers (management)
ConsenSys,
89
–91
public sector,
206
–7
smart devices and IoT,
157
,
159
–60,
161
Manifesto for the Digital Age,
308
–9
Manila, remittances,
182
–83,
186
Manufacturing,
160
,
174
Marketing, search costs,
97
Massive open online courses (MOOCs),
248
–49

---

Masters, Blythe,
8
,
63
,
65
,
66
,
68
,
73
,
287
,
289
McAdam, Cindy,
287
McKinsey,
156
,
163
–64,
169
,
194
McLuhan, Marshall,
14
McWaters, Jesse,
66
,
306
Meckling, William,
100
Medical records,
158
Medici,
83
Member ownership,
89
–91
Members of a social network,
262
Mesh networks,
123
,
146
–47
Metaverse,
38
Metering economy,
135
–36,
180
,
233
MHITs,
50
–51
Microblogging,
246
Microfinance,
56
,
170
–72,
191
–92
current issues with,
191
–92
inclusion design principle,
49
–51
Nicaragua example,
170
–72,
176
prosperity passport,
177
,
178
Microgrids,
148
–50
Micromonetizing,
180
–81,
233
Microsoft,
4
,
150
,
270
,
310
Microsoft Yammer,
139
–40
Millennials,
174
Mi.Mu,
228
Miners,
30
–32,
240
–41,
260
,
267
,
268
–69
Mining,
240
–41,
259
–60,
268
–69
Mining rate,
38
MintPal,
266
MIT Bitcoin Project,
247
MIT Digital Currency Initiative,
247
,
282
,
284
,
286
,
301
,
303
,
305
MIT Media Lab,
27
,
246
–47,
286
,
305
M-of-N signature,
104
Monegraph,
133
Monetary policy,
37
–38,
56
,
294
–95,
309
Money laundering,
176
,
275
–76
Monks, Robert,
78
Monopolies,
57
,
93
–95
Moore’s law,
4
,
51
,
307
–8
Moreira, Carlos,
11
,
14
,
15
,
154
,
204
Morgan, Pamela,
219
,
287
Mornini, Tom,
73
–74,
77
Morris, Gilbert,
173
Motion detectors,
254
Moving value, in financial services,
61
,
64
M-Pesa,
176
Mt. Gox,
9
,
247
Mugabe, Robert,
216
–17
Muller, Ralf,
237
–38
Mulligan, Mark,
230
Multisignature (multisig),
103
–5

---

Multistakeholders,
282
,
297
,
298
–99
Murdoch, Rupert,
310
Music,
21
,
226
–39
A&R,
238
–39
basic copyright registration,
236
,
237
–38
business complexity,
228
–31
digital content management system,
238
emergence of new business model,
231
–35
ownership rights,
45
–49,
132
–33
self-launched artists,
235
–37
smart contracts,
47
,
231
Music copyright,
45
–49,
132
–33,
228
–31,
234
,
236
,
237
–38
Music Key,
236
Musk, Elon,
274
MyBarackObama.com,
224
Nadex,
84
Napster,
21
,
263
NASDAQ,
83
–84
NASDAQ Linq,
65
Nathan, Oz,
27
–28
National Institute of Standards and Technology,
40
National Rifle Association,
200
–201,
276
National Security Agency,
42
,
274
Natural disaster relief,
20
–21,
188
–89,
190
–91
“Nature of the Firm, The” (Coase),
92
–93
Nest,
275
Networked institutions,
306
Networked integrity,
10
,
30
–33
Networked intelligence,
164
Network effects,
51
,
67
,
175
Network protocol,
271
–72
Neutral Voting Bloc (NVB),
216
New business formation, rate of,
173
–74
New 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
New York ID cards,
80
,
176
New York State Department of Financial Services (NYDFS),
287
,
289
–92
New York Stock Exchange (NYSE),
83
–84
Ng, Andrew,
248
Nicaraguan microfinance,
170
–72,
176
Nielsen, Jakob,
51
Nielsen’s law of Internet bandwidth,
51
,
272
Nike,
136
,
180
–81
Nodes,
32
,
240
–41
Nonces,
241
Nondisclosure agreements,
235

---

Nongovernment organizations (NGOs),
191
,
287
Norton, Robert,
133
OASIS,
38
Obama, Barack,
213
,
224
–25
OMERS Ventures,
284
Omohundro, Steve,
46
–47,
109
,
265
,
277
Online citizen juries and panels,
223
Open Government,
209
Open networked enterprises (ONEs),
22
,