The Blockchain and the New Architecture of Trust
- Hardcover
312 pages
- Release Date
20 November 2018
Summary
How the blockchain-a system built on foundations of mutual mistrust-can become trustworthyThe blockchain entered the world on January 3, 2009, introducing an innovative new trust architecture- an environment in which users trust a system-for example, a shared ledger of information-without necessarily trusting any of its components. The cryptocurrency Bitcoin is the most famous implementation of the blockchain, but hundreds of other companies have been founded and billions of dollars have been…
Book Details
| ISBN-13: | 9780262038935 |
|---|---|
| ISBN-10: | 0262038935 |
| Author: | Kevin Werbach |
| Publisher: | MIT Press Ltd |
| Imprint: | MIT Press |
| Format: | Hardcover |
| Number of Pages: | 312 |
| Release Date: | 20 November 2018 |
| Weight: | 634g |
| Dimensions: | 229mm x 152mm |
| Series: | Information Policy |
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Critics Review
However, Werbach argues, the most significant innovation of blockchain is not governmental or even technological but emotional: the creation of ‘a new form of trust,’ in which you put your confidence in a store of information without relying on any single person to authenticate it — trust the system, not its parts. The outstanding question is whether this method of cultivating trust is viable, and if it is, in what ways we can best deploy it. The answers we come up with are likely to determine blockchain’s future.
—New York Times Book ReviewAbout The Author
Kevin Werbach
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 communication policy. He is the coauthor of For the Win- How Game Thinking Can Revolutionize Your Business.
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