Blockchain Governance: Challenges and Opportunity

Mar 16, 2019

12:30pm – 1:30pm CT

Prysm Group Founding Economist Cathy Barrera, Ph.D. discusses the economic concept of contract incompleteness and its implications for blockchain governance. Contracts, both traditional and smart, are inherently incomplete: it is impossible to specify every possible outcome at the time the contract is drafted. This simple but profound observation shapes the structure of traditional firms and business processes across industries. As blockchain organizations explore new business structures, they will need to design governance systems to mitigate the inefficiencies introduced by contract incompleteness.

Programming descriptions are generated by participants and do not necessarily reflect the opinions of SXSW.

Programming descriptions are generated by participants and do not necessarily reflect the opinions of SXSW.

photo of Cathy Barrera
Cathy Barrera

Prysm Group

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