Understanding of Blockchain in Economy


Assessment details:

In this assessment you will produce a literature review, critiquingthe key literature supplied below. You should also conduct your own research.

The main aim of this assessment is for you to build your understanding of foundational principles of blockchain in the economy and develop your analytical and critical thinking skills.

You will critique key literature in the area of blockchain through the lens of the economic, social and political context. Your literature review should be framed as a response to the below quote. You should write your literature review for an academic audience.

Quote “The blockchain does one thing: it replaces third-party trust with mathematical proof that something happened.” –Adam Draper

Respond to this statement by critically reviewing existing literature that discusses blockchain as a decentralised distributed trust architecture,and review the concept of institutional cryptoeconomics as an economic context for blockchain in light of this proposition.

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