The Crypto-asset Ecosystem
Henri Arslanian and
Fabrice Fischer ()
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Henri Arslanian: University of Hong Kong
Fabrice Fischer: Blu ltd
Chapter 13 in The Future of Finance, 2019, pp 157-163 from Springer
Abstract:
Abstract Blockchain technology enables a significant reduction in the number of intermediaries in the financial ecosystem. It enables counterparties to engage in direct peer-to-peer transactions. However, this does not remove the need for a number of specialized players to exist in order for crypto-assets to fulfill some of their more complex and ambitious goals. As with any other financial system, crypto-assets require an ecosystem to flourish. In this chapter, we will explore a number of critical aspects of that emerging ecosystem.
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-14533-0_13
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DOI: 10.1007/978-3-030-14533-0_13
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