Difference between revisions of "Backfeed, the Blockchain, and Value Systems in the Sharing Economy"
(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. | + | '''* 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: |
| − | + | * Science Direct: http://www.sciencedirect.com/science/article/pii/S0040162517307084 (or DOI: https://doi.org/10.1016/j.techfore.2017.05.025) | |
| + | * 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 | + | "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: | ||
| − | + | (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." | |
| − | |||
| − | |||
| − | |||
| − | |||
| − | In this framework, we discuss the solutions featured by Backfeed and | ||
| − | |||
| − | cooperation. We conclude | ||
| − | |||
| − | 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:
- Science Direct: http://www.sciencedirect.com/science/article/pii/S0040162517307084 (or DOI: https://doi.org/10.1016/j.techfore.2017.05.025)
- Working Papers in Technology Governance and Economic Dynamics no. 73, JANUARY 2017: http://technologygovernance.eu/files/main//2017012509590909.pdf
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."
