Research articles on INNOVATION

A cryptocurrency system can be understood as a system intended for the issuance of tokens which are intended to be used as a general or limited-purpose medium-of-exchange, and which are accounted for using an often collectively-maintained digital ledger making use of cryptography to replace trust in institutions to varying extents. Against such a backdrop, the singular term cryptocurrency can mean a token, intended to be used as a general or limited-purpose medium-of-exchange, issued via a cryptocurrency system.

The rapidly evolving blockchain technology space has put decentralisation back into the focus of the design of techno-social systems, and the role of decentralised technological infrastructures in achieving particular social, economic, or political goals. In this entry we address how blockchains and distributed ledgers think about decentralisation.

A DAO is a blockchain-based system that enables people to coordinate and govern themselves mediated by a set of self-executing rules deployed on a public blockchain, and whose governance is decentralised (i.e., independent from central control).

Cryptoeconomics describes an interdisciplinary, emergent and experimental field that draws on ideas and concepts from economics, game theory and related disciplines in the design of peer-to-peer cryptographic systems.

A smart contract is code deployed in a blockchain environment, or the source code from which such code was compiled