Blockchain Governance: Challenges and Opportunity

Recording: Blockchain Governance: Challenges and Opportunity, Mar 16, 2019


Cathy Barrera

Prysm Group

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.

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Primary Entry: Platinum Badge, Interactive Badge
Secondary Entry: Music Badge, Film Badge
Format: Solo
Event Type: Session
Level: Advanced