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Decentralized Blockchain Technology and the Rise of Lex Cryptographia
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“A transaction is not limited to the transfer of a crypto-asset such as a Bitcoin or Ether, but may also represent the transfer or issuance of a cryptographic token through a smart contract transaction (Wright and De Filippi, 2015).”
From Self-Sovereign Identity in a Globalized World: Credentials-Based Identity Systems as a Driver for Economic Inclusion (2020) · cites this paper as Wright and De Filippi, 2015
In the citing paper
“In other words, the lack of any single point of failure and control (such as ICANN in the context of Internet governance) contributes to increasing the resilience of blockchain-based systems, while also making it more difficult for national laws to be enforced on them [91].”
From Blockchain as a confidence machine: The problem of trust & challenges of governance (2020) · cites this paper as [91]
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Research works printed but not linked: 31
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Clohessy, T., Treiblmaier, H., Acton, T., & Rogers, N. (2020) · Strategic Change · doi:10.1002/jsc.2360 · Cited by 114
The DAO Controversy: The Case for a New Species of Corporate Governance?
Morrison, R., Mazey, N. C. H. L., & Wingreen, S. C. (2020) · Frontiers in Blockchain · doi:10.3389/fbloc.2020.00025 · Cited by 87
“But, the “trustless,” radically flat organizational structure of The DAO means that no individual or group of individuals may be held accountable by a tort of negligence for not communicating this relevant information (Wright and de Filippi, 2015; DuPont, 2017).”
BackgroundMethodInfluentialBlockchains and Bitcoin: Regulatory responses to cryptocurrencies
Guadamuz, A., & Marsden, C. T. (2015) · First Monday · doi:10.5210/fm.v20i12.6198 · Cited by 87
“There are hundreds of such potential applications in the financial markets, such as bonds, stocks and derivatives [162]; but it would also be possible to apply the same type of technology to automated contracts [163], or even copyright licensing agreements [164].”
BackgroundDo national development factors affect cryptocurrency adoption?
Bhimani, A., Hausken, K., & Arif, S. (2022) · Technological Forecasting and Social Change · doi:10.1016/j.techfore.2022.121739 · Cited by 113
“Wright and De Filippi (2015) recognize the development of a new body of law to administer self-executed smart contracts and decentralized organizational structure while controlling for illicit activities.”
BackgroundNew Blockchain-Based Architecture for Service Interoperations in Internet of Things
Viriyasitavat, W., Xu, L.-D., Bi, Z., & Sapsomboon, A. (2019) · IEEE Transactions on Computational Social Systems · doi:10.1109/tcss.2019.2924442 · Cited by 85
Huckle, S., & White, M. (2016) · Future Internet · doi:10.3390/fi8040049 · Cited by 109
“The first relates to how BTC itself may be used in a Socialist society and the second refers to BTC development.”
BackgroundDecentralizing Platform Power: A Design Space of Multi-Level Governance in Online Social Platforms
Jhaver, S., Frey, S., & Zhang, A. X. (2023) · Social Media + Society · doi:10.1177/20563051231207857 · Cited by 90
“Finally, decentralized governance can arise through the use of a shared technical specification of social exchange, such as peer-to-peer and federated protocols (e.g., Mastodon uses the ActivityPub protocol), or a shared set of data, such as blockchain technologies, including cryptocurrencies and decentralized autonom…”
BackgroundDigital transformation of organizations: what do we know and where to go next?
Jedynak, M., Czakon, W., Kuźniarska, A., & Mania, K. (2021) · Journal of Organizational Change Management · doi:10.1108/jocm-10-2020-0336 · Cited by 127
Blockchain Technology: Redefining Trust for Digital Certificates
Capece, G., Ghiron, N. L., & Pasquale, F. (2020) · Sustainability · doi:10.3390/su12218952 · Cited by 98
“At the bare minimum, trust must be placed in the underlying cryptography [34], allowing all the operation by everyone [35].”
BackgroundAssessing the feasibility of blockchain technology in industries: evidence from Turkey
Erol, I., Ar, I. M., Ozdemir, A., Peker, I., Asgary, A., Medeni, I. T., & Medeni, T. (2020) · Journal of Enterprise Information Management · doi:10.1108/jeim-09-2019-0309 · Cited by 80
BitAV: Fast Anti-Malware by Distributed Blockchain Consensus and Feedforward ScanningPreprint
Noyes, C. (2016) · arXiv (Cornell University) · doi:10.48550/arxiv.1601.01405 · Cited by 100
“Prior the invention of these mechanisms, it was simply not possible to coordinate large numbers of individual activities into a cohesive network without a centralized governing body to watch over and verify the proceedings [17].”
BackgroundSchückes, M., & Gutmann, T. (2020) · Small Business Economics · doi:10.1007/s11187-020-00337-9 · Cited by 113
“The blockchain technology has been called “disruptive” (Mattila 2016, p. 4), a “digital revolution” (Wright and De Filippi 2015 p.2), a “new engine of growth” (Crosby et al. 2016, p.9), and a “magic global computer” (Buterin 2015).”
LikeStarter: a Smart-contract based Social DAO for Crowdfunding
Zichichi, M., Contu, M., Ferretti, S., & D'Angelo, G. (2019) · Conference on Computer Communications Workshops · doi:10.1109/infcomw.2019.8845133 · Cited by 75
“Decentralized Autonomous Organizations (DAOs), once deployed in the blockchain, live and operate without the need to any human intermediary [14].”
BackgroundDrummer, D., & Neumann, D. (2020) · Journal of Information Technology · doi:10.1177/0268396220924669 · Cited by 105
“…set of rules to which they want to abide, but after the choice has been made can no longer deviate from these rules, to the extent that smart contracts are automatically enforced by the underlying code of the technology, regardless of the will of the parties (Wright and de Filippi, 2015).”
BackgroundInfluentialYe, Z., Yin, M., Tang, L. C. M., & Jiang, H.-B. (2018) · Proceedings of the 35th International Symposium on Automation and Robotics in Construction (ISARC) · doi:10.22260/isarc2018/0066 · Cited by 74
“It resulted in the difficulty for anyone who wants to attack the network for they need to expend more to decrypt the block [16].”
BackgroundHsieh, Y.-Y., Vergne, J.-P., & Wang, S. (2017) · Routledge eBooks · doi:10.4324/9781315211909-3 · Cited by 74
Metadata
- Authors
- Wright, A., & De Filippi, P.
- Affiliations
- Yeshiva University (US)
- Corresponding author
- Wright, Aaron
- Venue
- SSRN Electronic Journal
- Publisher
- Elsevier BV
- Published
- 2015
- ISSN
- 1556-5068 (ISSN-L)
- OpenAlex
- W4400945
- Cited by
- 928
- References
- 0
- Citations by year
- 2026: 37 · 2025: 61 · 2024: 97 · 2023: 86 · 2022: 110 · 2021: 118 · 2020: 141 · 2019: 119 · 2018: 102 · 2017: 40 · 2016: 14 · 2015: 3
- Type
- posted content
- Language
- en
- Open access
- green
- doi.org
- Locations
- SSRN Electronic Journal (publishedVersion)
- Topics
- Social Sciences › Law › Digital Transformation in Law
- Physical Sciences › Computer Science › Information Systems › Blockchain Technology Applications and Security
- Social Sciences › Law › Digitalization, Law, and Regulation
- Keywords
- blockchain, smart contracts, decentralized autonomous organizations, decentralized governance, decentralization (distributed systems), self-executing contracts, legal theory
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