Read Anywhere and on Any Device!

Subscribe to Read | $0.00

Join today and start reading your favorite books for Free!

Read Anywhere and on Any Device!

  • Download on iOS
  • Download on Android
  • Download on iOS

Regulating Blockchain: Techno-Social and Legal Challenges

Regulating Blockchain: Techno-Social and Legal Challenges

Stefan Eich
0/5 ( ratings)
Less than a decade after the Financial Crisis, we are witnessing the fast emergence of a new financial order driven by three different, yet interconnected, dynamics: first, the rapid application of technology - such as big data, machine learning, and distributed computing - to banking,
lending, and investing, in particular with the emergence of virtual currencies and digital finance; second, a disintermediation fuelled by the rise of peer-to-peer lending platforms and crowd investment which challenge the traditional banking model and may, over time, lead to a transformation of the
way both retail and corporate customers bank; and, third, a tendency of de-bureaucratisation under which new platforms and technologies challenge established organisational patterns that regulate finance and manage the money supply.

These changes are to a significant degree driven by the development of blockchain technology. The aim of this book is to understand the technological and business potential of the blockchain technology and to reflect on its legal challenges. The book mainly focuses on the challenges blockchain
technology has so far faced in its first application in the areas of virtual money and finance, as well as those that it will inevitably face as its domain of
application expands in other fields of economic activity such as smart contracts and initial coin offerings. The book provides an unparalleled critical analysis of the disruptive potential of this technology for the economy and the legal system and contributes to current thinking on the role of law
in harvesting and shaping innovation.
Pages
464
Format
Hardcover
Publisher
Oxford University Press, USA
Release
October 29, 2019
ISBN
019884218X
ISBN 13
9780198842187

Regulating Blockchain: Techno-Social and Legal Challenges

Stefan Eich
0/5 ( ratings)
Less than a decade after the Financial Crisis, we are witnessing the fast emergence of a new financial order driven by three different, yet interconnected, dynamics: first, the rapid application of technology - such as big data, machine learning, and distributed computing - to banking,
lending, and investing, in particular with the emergence of virtual currencies and digital finance; second, a disintermediation fuelled by the rise of peer-to-peer lending platforms and crowd investment which challenge the traditional banking model and may, over time, lead to a transformation of the
way both retail and corporate customers bank; and, third, a tendency of de-bureaucratisation under which new platforms and technologies challenge established organisational patterns that regulate finance and manage the money supply.

These changes are to a significant degree driven by the development of blockchain technology. The aim of this book is to understand the technological and business potential of the blockchain technology and to reflect on its legal challenges. The book mainly focuses on the challenges blockchain
technology has so far faced in its first application in the areas of virtual money and finance, as well as those that it will inevitably face as its domain of
application expands in other fields of economic activity such as smart contracts and initial coin offerings. The book provides an unparalleled critical analysis of the disruptive potential of this technology for the economy and the legal system and contributes to current thinking on the role of law
in harvesting and shaping innovation.
Pages
464
Format
Hardcover
Publisher
Oxford University Press, USA
Release
October 29, 2019
ISBN
019884218X
ISBN 13
9780198842187

Rate this book!

Write a review?

loader