Why are the world's most powerful companies and governments so excited about a technology beloved by criminals and radicals? Why would anyone invest their money--or their trust--in mysterious cryptocurrencies seemingly based on nothing?




The Blockchain and the New Architecture of Trust


By Kevin Werbach



The first in-depth, balanced account of the blockchain's true potential, as well as its limitations and dangers. Wharton professor Kevin Werbach maps the often-confusing landscape to show how a system resting on mutual mistrust can become trustworthy. Surprisingly for a technology widely associated with illegality, fraud, and resistance to authority, the blockchain's future depends on governance, regulation, and law.





"This elegant analysis is sure to become a classic. I highly recommend this paradigm shifting book." -John Seely Brown, former director, Xerox PARC


"In depth and even-handed analysis of the strengths and weaknesses of blockchain."
-Vint Cerf, internet pioneer and co-creator of the TCP/IP protocol


"Forget the hype -- read this book! A truly indispensable guide!" -Viktor Mayer-Schienberger, Professor of Internet Governance, University of Oxford


"A tour de force tour of the hidden layers of power and politics that make blockchains work." -James Grimmelmann, Professor, Cornell Tech and Cornell Law School






Kevin Werbach is Professor of Legal Studies and Business Ethics at the Wharton School of the University of Pennsylvania. Founder of the technology consulting firm Supernova Group, he has advised the FCC and Department of Commerce on communications policy. He is the coauthor of For the Win: How Game Thinking Can Revolutionize Your Business.









New York Times | ZDNet | Jotwell | HR Executive | Issues in Science & Technology




MIT Press

November 20th, 2018

ISBN: 9780262038935