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Economic Thinking of Blockchain

In: Principles of Digital Economics

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  • Zhiyi Liu

    (SenseTime Group Limited)

Abstract

In the previous chapter, the exploration of value theory in digital economics was presented through a discussion of the value of blockchain. Indeed, we argue that the intrinsic logic of value networks is possessed by the trusted network qualities in the technology of blockchain. The logic of this discussion is not only because blockchain technology has the specificity of the Internet of Value, but also because the most important change brought about by blockchain technology with the development of the information economy refers to the replacement of the commercial contractual regime by a technological contractual regime in order to allow the fundamental logic of the digital economy to be changed.

Suggested Citation

  • Zhiyi Liu, 2022. "Economic Thinking of Blockchain," Contributions to Economics, in: Principles of Digital Economics, chapter 0, pages 63-71, Springer.
    • Handle: RePEc:spr:conchp:978-981-16-9020-4_7
    DOI: 10.1007/978-981-16-9020-4_7
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