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Public policy in a blockchain era

In: Understanding the Blockchain Economy

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Abstract

This chapter provides a framework to think about public policy choices in response to blockchain technology. It first introduces the idea of ‘crypto-friendly’ public policy as a set of policy dispositions around regulatory clarity and consistency and a permissionless innovation attitude to the risks posed by new technologies. The chapter explores the complex balance between regulatory certainty and the rapid need for regulatory change in response to new institutional innovation. It then presents these policy change dilemmas in an international context. Blockchains are available wherever the internet is available, and blockchain firms can locate themselves in the most crypto-friendly jurisdiction.

Suggested Citation

  • ., 2019. "Public policy in a blockchain era," Chapters, in: Understanding the Blockchain Economy, chapter 8, pages 138-151, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:18636_8
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    Cited by:

    1. Niu, Baozhuang & Mu, Zihao & Cao, Bin & Gao, Jie, 2021. "Should multinational firms implement blockchain to provide quality verification?," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 145(C).
    2. Yen, Ju-Chun & Wang, Tawei, 2021. "Stock price relevance of voluntary disclosures about blockchain technology and cryptocurrencies," International Journal of Accounting Information Systems, Elsevier, vol. 40(C).
    3. Dwivedi, Yogesh K. & Balakrishnan, Janarthanan & Das, Ronnie & Dutot, Vincent, 2023. "Resistance to innovation: A dynamic capability model based enquiry into retailers’ resistance to blockchain adaptation," Journal of Business Research, Elsevier, vol. 157(C).
    4. Ayman Nagi & Meike Schroeder & Wolfgang Kersten, 2021. "Risk Management in Seaports: A Community Analysis at the Port of Hamburg," Sustainability, MDPI, vol. 13(14), pages 1-20, July.
    5. Dutta, Pankaj & Choi, Tsan-Ming & Somani, Surabhi & Butala, Richa, 2020. "Blockchain technology in supply chain operations: Applications, challenges and research opportunities," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 142(C).

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