The Blockchain and the New Architecture of Trust
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 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.
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“This elegant analysis is sure to become a classic. I highly recommend this paradigm shifting book.”
“In depth and even-handed analysis of the strengths and weaknesses of blockchain.”
“Forget the hype—read this book! A truly indispensable guide!”
“A tour de force tour of the hidden layers of power and politics that make blockchains work.”
About the Author
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.