The Elgar companion to decentralized finance, digital assets and blockchain technologies / 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).

Format:

Book

Contributor:

Cronqvist, Henrik, editor.

Pely, Desiree-Jessica, editor.

Edward Elgar Publishing, publisher.

Language:

English

Subjects (All):

Blockchains (Databases).

Cryptocurrencies.

Genre:

Electronic books.

Physical Description:

1 online resource (360 pages)

Place of Publication:

Northampton : Edward Elgar Publishing, 2024.

Summary:

"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"-- Provided by publisher.

Contents:

Contents: Introduction to the Elgar companion to decentralized finance, digital assets, and blockchain technologies / Henrik Cronqvist and Desiree-Jessica Pely

1. Defi: An overview of use cases and a status quo analysis of the ecosystem / Anies Khan and Philipp Sandner

2. Decentralized lending / Felix Irresberger, Kose John, and Fahad Saleh

3. Ready p(l)ayer one: How we will pay tomorrow and what role crypto may play / Dirk Bullmann

4. Economic policy, regulation, and cryptocurrencies / Marco Fama, Lucio Gobbi, and Stefano Lucarelli

5. Central bank digital currencies in emerging economies: Practical considerations / Gordon Clarke and Emir Hrnjic

6. Utility tokens, markets in crypto assets regulation (micar), and the costs of being public / David Florysiak

7. A minting mold for the efranc / Hans Gersbach and Roger Wattenhofer

8. Lessons from a decade of cryptocurrency hacks, 2011-2021 / Ben Charoenwong and Mario Bernardi

9. Financial economics of automated market makers / Alexander Brauneis, Roland Mestel, and Martin Rauch

10. Systematization of knowledge: Constant function market makers / Michele Fabi, Myriam Kassoul, and Julien Prat

11. Systematization of knowledge: Mechanism design and the Ethereum blockchain transaction fee market / Fernando Molina and Pablo Roccatagliata

12. Systematization of knowledge: The advent of a new incentive, maximal extractable value / Burak Öz and Felix Hoops

13. From scalability to cross-chain defi / Marcel Kaiser

14. Non-fungible tokens (nfts) / Mieszko Mazur and Efstathios Polyzos

15. The environmental, social, and governance (esg) aspects of bitcoin / Andrew Urquhart

16. Regenerative finance: A crypto-based approach for a sustainable future / Eva Meyer, Isabell Welpe, Philipp Sandner, and Mathias Ponte

17. Decentralized finance in the developing world: The end of the financial inclusion gap? / Mariana Carmona and Paz Gomez.

Notes:

Description based on print record.

ISBN:

9781035307760 (e-book)

Access Restriction:

Restricted for use by site license.