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Blockchain and Crypto Currency - Building a High Quality Marketplace for Crypto Data (Paperback, 1st ed. 2020)
Loot Price: R1,247
Discovery Miles 12 470
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Blockchain and Crypto Currency - Building a High Quality Marketplace for Crypto Data (Paperback, 1st ed. 2020)
Series: Economics, Law, and Institutions in Asia Pacific
Expected to ship within 10 - 15 working days
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This open access book contributes to the creation of a cyber
ecosystem supported by blockchain technology in which technology
and people can coexist in harmony. Blockchains have shown that
trusted records, or ledgers, of permanent data can be stored on the
Internet in a decentralized manner. The decentralization of the
recording process is expected to significantly economize the cost
of transactions. Creating a ledger on data, a blockchain makes it
possible to designate the owner of each piece of data, to trade
data pieces, and to market them. This book examines the formation
of markets for various types of data from the theory of market
quality proposed and developed by M. Yano. Blockchains are expected
to give data itself the status of a new production factor. Bringing
ownership of data to the hands of data producers, blockchains can
reduce the possibility of information leakage, enhance the sharing
and use of IoT data, and prevent data monopoly and misuse. The
industry will have a bright future as soon as better technology is
developed and when a healthy infrastructure is created to support
the blockchain market.
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