Difference between revisions of "Backfeed, the Blockchain, and Value Systems in the Sharing Economy"

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(Created page with " '''* Article: Blockchain and Value Systems in the Sharing Economy: The Illustrative Case of Backfeed. By Alex Pazaitis, Primavera De Filippi, Vasilis Kostakis. Working Papers...")
 
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'''* Article: Blockchain and Value Systems in the Sharing Economy: The Illustrative Case of Backfeed. By Alex Pazaitis, Primavera De Filippi, Vasilis Kostakis. Working Papers in Technology Governance and Economic Dynamics no. 73, JANUARY 2017'''
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'''* Article: Blockchain and Value Systems in the Sharing Economy: The Illustrative Case of Backfeed. By Alex Pazaitis, Primavera De Filippi, Vasilis Kostakis. ''Technological Forecasting & Social Change''. Available at:
  
URL = http://technologygovernance.eu/files/main//2017012509590909.pdf  
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* Science Direct: http://www.sciencedirect.com/science/article/pii/S0040162517307084 (or DOI: https://doi.org/10.1016/j.techfore.2017.05.025)
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* Working Papers in Technology Governance and Economic Dynamics no. 73, JANUARY 2017: http://technologygovernance.eu/files/main//2017012509590909.pdf'''
  
  
 
=Abstract=
 
=Abstract=
  
"This article explores the potential of the blockchain technology in enabling
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"This article explores the potential of blockchain technology in enabling a new system of value that will better support the dynamics of social sharing. Our study begins with a discussion of the evolution of value perceptions in the history of economic thought. Starting with a view on value as a coordination mechanism that defines meaningful action within a certain context, we associate the price system with the establishment of capitalism and the industrial economy. We then discuss its relevance to the information economy, exhibited as the techno-economic context of the sharing economy, and identify new modalities of value creation that better reflect the social relations of sharing.  
a new system of value that will better support the dynamics of social
 
sharing. Our study begins with a discussion of the evolution of value
 
perceptions in the history of economic thought. Starting with a view on
 
value as a mechanism that defines meaningful action within a certain
 
context, we associate the price system with the establishment of capitalism
 
and the industrial economy. We then discuss its relevance to the
 
information economy, exhibited as the techno-economic context of the
 
sharing economy, and identify new modalities of value creation that better
 
reflect the social relations of sharing.  
 
  
 +
Through the illustrative case of Backfeed, a new system of value is envisioned, comprising three layers:
  
Through the illustrative case of
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(a) production of value;
Backfeed, a new system of value is envisioned, comprised of three layers:
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(b) record of value; and
 +
(c) actualisation of value.
  
* (a) production of value;
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In this framework, we discuss the solutions featured by Backfeed and describe a conceptual economic model of blockchain-based decentralised cooperation. We conclude with a tentative scenario for blockchain technology that can enable the creation of commons-oriented ecosystems in a sharing economy."
* (b) record of value; and
 
* (c) actualisation of value.
 
 
 
 
 
In this framework, we discuss the solutions featured by Backfeed and
 
demonstrate a conceptual economic model of blockchain-based decentralised
 
cooperation. We conclude that the blockchain technology has the
 
potential to enable the creation of commons-oriented ecosystems in a
 
sharing economy."
 
  
  

Revision as of 13:16, 13 June 2017

* Article: Blockchain and Value Systems in the Sharing Economy: The Illustrative Case of Backfeed. By Alex Pazaitis, Primavera De Filippi, Vasilis Kostakis. Technological Forecasting & Social Change. Available at:


Abstract

"This article explores the potential of blockchain technology in enabling a new system of value that will better support the dynamics of social sharing. Our study begins with a discussion of the evolution of value perceptions in the history of economic thought. Starting with a view on value as a coordination mechanism that defines meaningful action within a certain context, we associate the price system with the establishment of capitalism and the industrial economy. We then discuss its relevance to the information economy, exhibited as the techno-economic context of the sharing economy, and identify new modalities of value creation that better reflect the social relations of sharing.

Through the illustrative case of Backfeed, a new system of value is envisioned, comprising three layers:

(a) production of value; (b) record of value; and (c) actualisation of value.

In this framework, we discuss the solutions featured by Backfeed and describe a conceptual economic model of blockchain-based decentralised cooperation. We conclude with a tentative scenario for blockchain technology that can enable the creation of commons-oriented ecosystems in a sharing economy."