Purpose: Explore the possible contributions of blockchain technology to creating new governance structures that facilitate social cooperation.
Methodology: Conceptual analysis with key ideas in new institutional economics and political theory.
Findings: Blockchain technology provides a new tool through which political entrepreneurs can credibly alienate some of their power within a system of rules that they have established.
Originality: Links discussion of blockchain entrepreneurship in commercial markets to research into private governance and political thought.
University of Lincoln, College of Social Science Research
Nick Cowen, University of Lincoln, School of Social and Political Sciences