Blockchain Revolution

Bitcoin Magazine, 279

Bitcoin Weekly, 279

Bitcoin XT, 271–72

BitFury, 261

BitGo, 287, 303

BitLicense, 286, 291

BitMoby, 50–51

BitPay, 48, 72, 246, 260, 263, 266

BitTorrent, 34, 119, 246

Black, Doug, 292–93

BlackBerry, 150

Black box marketing, 97 Black box of identity, 14–16 Blockapedia, 131, 224 Blockchain

distributed ledger technology, 6–8, 18

governance network, 298–308 how it works, 6–8

implementation challenges. See Implementation challenges plan for prosperity, 17–23

players in ecosystem, 283–89 promise and peril of, 24–26 rational exuberance for, 8–10

seven design principles. See Design principles Blockchain Alliance, 303–4

Blockchain cooperatives, 134–35

Blockchain IPOs, 82–84, 127, 180, 181

Blockchain judiciary, 220–21

Blockchain makers, 138–39

Blockchain voting, 215–17

Blockcom, 90, 127 Blocking Web sites, 244–45 Blockstream, 28, 38, 65–66

Block time, 255–57

Bootstrapping, 34

Boring, Perianne, 208, 287, 288

Boundary changes, 92–109

Boundary decisions, 109–14

Bouvier, Pascal, 269

Brand, Stewart, 129

Bretton Woods system, 281, 295–96, 298

Brito, Jerry, 263, 264, 286, 287, 291, 297, 301

Broadcast Music, Inc. (BMI), 229 Brody, Paul, 33

Brown, John Seely, 94 Brown, Richard Gendal, 69 BTCjam, 81

Building management, in IoTs, 159–60 Business building, components of, 179–80 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

Buterin, Vitalik, 87–88, 262, 278–80

autonomous agents, 123, 125

consensus mechanisms, 31

futarchy, 220

re-architecting the firm, 18, 87–88, 96, 100–101

Buzzcar, 137

Byrne, David, 227

Byrne, Patrick, 83

Byzantine Generals’ Problem, 241

Cabell, James Branch, 277

California Public Employees’ Retirement System, 77 Campus microgrids, 148

“Canonical persona,” 16, 140

Cap-and-trade system, 222–23

Capital in the Twenty-First Century (Piketty), 173, 175 Carlyle, James, 69

Cars, 137, 164–67, 165–67

Cavoukian, Ann, 27, 28, 41, 42, 51–52, 275

CBW Bank, 73

Ceglowski, Maciej, 254, 275

Central banks (banking), 9, 31, 57, 286–87, 293–96, 309

Cerf, Vint, 274, 281, 299

Chain (company), 67–68

Chamber of Digital Commerce, 208, 287, 288, 302, 303

Change.org, 304

Chase, Robin, 137

Chaum, David, 4, 219

Chesky, Brian, 135

China, 13, 56, 174, 243–45, 264, 266–67, 272

Choi, Constance, 288, 307

Christie, Chris, 98

Circle, 83, 284

Circle Internet Financial, 71–72 Cisco Quad, 139

Civil Justice Council, U.K., 221 Clark, David, 281

Clark, Jeremy, 215

Climate change, 149, 221–23

Cloud computing, 118, 122

Coalition for Automated Legal Applications (COALA), 301–2, 303 Coase, Ronald, 74, 92–93, 100, 105, 121, 142, 319n

Cohen, Bram, 119, 262

Coinbase, 44, 83–84, 284, 302

Coin Center, 286, 287, 302, 303

CoinPip, 217

Collaboration, 139–42

Collins, John, 302

Colu, 238

CommitCoin, 215

“Commons-based peer production,” 129 Competitive advantage, 64, 66, 110–11, 140 Complex instruction set computer (CISC), 260–61 CompuServe, 118

Computer viruses, 122, 123 Computing, evolution of, 150–52

Conflict adjudication, 100, 105, 219, 221

Conflicts of interest, 100, 125

Consensus mechanisms, 30–33, 36–37, 95, 98, 262, 266, 305

Consensus Systems (ConsenSys), 15, 87–92, 99, 101, 112–14, 130

Consideration, 10, 30

Conspiracy theories, 213

Content ID, 235

Contract breaches, 104, 258

Contracting costs, 99–101 Contracts. See Smart contracts

Coordination costs, 92, 93, 105–7, 121, 142, 166

Copyright, 45–49, 132–33, 228–31, 234, 236, 237–38

Core competencies, 110–12 Corporate boundaries

changing, 92–109

determining, 109–14

Corporate governance, in financial services, 73–79

Corporations, reconfiguring as engine of capitalism, 21–22. See also New business models; Re-architecting the firm

Corruption, 19, 20–21, 50, 188–89, 193–94, 195–96

Counterparty risk, 59

Coursera, 248–49

Creative industries. See Art; Music Credit cards, 4, 36, 42–43, 62, 79

Credit scores, 62, 79–82, 177

Criminal uses, 4, 9, 128, 275–76, 303

CrisisCommons, 189

Crowdfunding, 82–83, 128, 181, 245–46

CrowdJury, 220–21

Cryptocurrencies, 5, 9–10

Cryptoeconomics, 119, 321n

Culture, 21, 226–50. See also Art; Music on the blockchain, 249–50

privacy, free speech and free press, 243–46 role of education, 246–49

Cuomo, Andrew, 289

Cyberclones, 42
Data analytics, 233–34

Data breaches, 39, 43, 92, 118, 151–52

Data mining, 36

David, Paul, 57

Decentralization, 91–92, 106–7, 117–18, 162–63, 293–96 Declaration of Independence, 19

Declaration of Interdependence, 308–9 Deegan, Patrick, 81

De Filippi, Primavera, 258, 264, 265, 288

Delegative democracy, 218–19

Deliberative polling, 223

Delivery networks, 301–2

Deloitte, 68, 76–77, 78

Democracy, 9, 13, 23. See also Governments; Voting alternative models of politics and justice, 218–21 on the blockchain, 214–15

engaging citizens to solve big problems, 221–23 second era of, 211–15

tools of twenty-first-century, 223–25 Democratized entrepreneurship, 179–81

DEMOS, 215–16

Desertification, 149–50

Design principles, 29–52

distributed power, 33–35

in government, 201–3

inclusion, 49–51

networked integrity, 30–33

privacy, 41–56

rights preserved, 45–49

security, 39–41

value as incentive, 35–39 De Soto, Hernando

citizen rights, 200, 201, 310

economic rights, 19–20, 56, 174, 178, 193, 194, 310 Developers, as players in blockchain ecosystem, 285 Diasporas, 306–7

Dictator’s learning curve, 265 DigiCash, 4, 247

Digital Asset Holdings, 63, 65

Digital brainstorming, 223

Digital certificates, 40

Digital content management system, 238

Digital Currency Association, U.K., 302 Digital Currency Group, 86, 284

Digital Currency Initiative (DCI), 247, 282, 284, 286, 301, 303, 305

Digital Economy, The (Tapscott), 164, 212, 309

Digital identity, 15–16, 140, 176, 177–78, 197–98, 203–4, 264–65

Digital registry of artwork, 132–33, 242–43

Digital rights management (DRM), 132, 234

Dilbert Principle, The (Adams), 106 Direct democracy, 214, 218

Disease management, 151, 158

Disney, Walt, 246

Dispute resolution, 100, 105, 193, 219, 221 Distributed applications (DApps), 117–22

bAirbnb, 115–17

Distributed autonomous enterprises (DAEs), 22, 120, 121, 126–28, 143–44, 273–74

Distributed capitalism, 25, 49, 163

Distributed ledgers, 6–8, 18, 64, 65, 156, 181, 208–9

Distributed power, 33–35, 202 Distributed user accounts, 37 Document keeping, 159, 205

Domingo, Analie, 182–83, 186–87, 325n

Double-entry accounting, 7, 74, 75, 310

Double-spend problem, 30–31, 132

Downey, Paul, 205

Draper, Adam, 286–87

Draper, Tim, 284, 310

Drug therapies, 151, 158

Dylan, Bob, 110
ECash, 4

Economic power, 12–13, 172–75

Economic rights, 19–20, 45–49, 132–34, 172, 175 Edelman’s Trust Barometer, 10

Education

players in blockchain ecosystem, 286 role in culture, 246–49

Edwards, Jim, 200

Electricity consumption of blockchain, 24, 259–63

Electronic voting (e-voting), 198, 215–17