The Elgar Companion to Decentralized Finance, Digital Assets, and Blockchain Technologies -

The Elgar Companion to Decentralized Finance, Digital Assets, and Blockchain Technologies

Buch | Hardcover
360 Seiten
2024
Edward Elgar Publishing Ltd (Verlag)
978-1-0353-0775-3 (ISBN)
199,50 inkl. MwSt
This timely Companion offers keen insights into the challenges of valuing digital versus traditional assets, exploring how behavioral and social traits, states, and actions can cause biased perspectives in over- or underestimating the value of digital assets. It provides an objective, scientific view of topics around decentralized finance, digital assets, and blockchain technology.

Innovative and comprehensive, the Companion first lays out an overview of how decentralization can impact existing financial systems before exploring decentralized lending and predicting the role of digital assets in future payments. Chapters highlight specific regulatory considerations and the role of central banks, analyzing how cryptocurrencies interact with monetary policy and their potential effects on emerging economies. The book further explores theoretical and empirical foundations for digital assets before examining their impact on the environment and society.



Providing a detailed analysis of the status quo of the ecosystem and looking ahead to a crypto-based approach for a sustainable and inclusive future, this book will be an invigorating read for economics students, as well as economists, regulators, and bankers.

Edited by Henrik Cronqvist, The George L. Argyros School of Business and Economics, Chapman University, US and Desiree-Jessica Pely, Institute for Capital Markets and Corporate Finance, Ludwig-Maximilians-Universität München, Germany

Contents

Introduction to The Elgar Companion to Decentralized Finance,
Digital Assets, and Blockchain Technologies 1
Henrik Cronqvist and Desiree-Jessica Pely
1 DeFi: an overview of use cases and a status quo analysis of the
ecosystem 5
Anies Khan and Philipp Sandner
2 Decentralized lending 35
Felix Irresberger, Kose John, and Fahad Saleh
3 Ready P(l)ayer One: how we will pay tomorrow and what role
crypto may play 57
Dirk Bullmann
4 Economic policy, regulation, and cryptocurrencies 75
Marco Fama, Lucio Gobbi, and Stefano Lucarelli
5 Central bank digital currencies in emerging economies:
practical considerations 96
Gordon Clarke and Emir Hrnjic
6 Utility tokens, Markets in Crypto Assets Regulation (MiCAR),
and the costs of being public 113
David Florysiak
7 A minting mold for the eFranc 127
Hans Gersbach and Roger Wattenhofer
8 Lessons from a decade of cryptocurrency hacks, 2011–2021 147
Ben Charoenwong and Mario Bernardi
9 Financial economics of automated market makers 167
Alexander Brauneis, Roland Mestel, and Martin Rauch
10 Systematization of knowledge: constant function market makers 191
Michele Fabi, Myriam Kassoul, and Julien Prat
11 Systematization of knowledge: mechanism design and the
Ethereum blockchain transaction fee market 217
Fernando Molina and Pablo Roccatagliata
12 Systematization of knowledge: the advent of a new incentive,
maximal extractable value 241
Burak Öz and Felix Hoops
13 From scalability to cross-chain DeFi 265
Marcel Kaiser
14 Non-fungible tokens (NFTs) 280
Mieszko Mazur and Efstathios Polyzos
15 The environmental, social, and governance (ESG) aspects of Bitcoin 298
Andrew Urquhart
16 Regenerative finance: a crypto-based approach for a sustainable future 313
Eva Meyer, Isabell Welpe, Philipp Sandner, and Mathias Ponte
17 Decentralized finance in the developing world: the end of the
financial inclusion gap? 327
Mariana Carmona and Paz Gomez

Erscheint lt. Verlag 28.6.2024
Verlagsort Cheltenham
Sprache englisch
Maße 156 x 234 mm
Themenwelt Mathematik / Informatik Informatik Datenbanken
Naturwissenschaften
Wirtschaft Betriebswirtschaft / Management Finanzierung
Wirtschaft Betriebswirtschaft / Management Wirtschaftsinformatik
Wirtschaft Volkswirtschaftslehre Finanzwissenschaft
ISBN-10 1-0353-0775-8 / 1035307758
ISBN-13 978-1-0353-0775-3 / 9781035307753
Zustand Neuware
Haben Sie eine Frage zum Produkt?
Mehr entdecken
aus dem Bereich