In just a few years, central banks have rapidly ramped up their research and development
efforts on central bank digital currencies (CBDCs). A growing body of economic research …

In the increasing literature dealing with the potential applications of blockchain technology in
the energy sector, one key aspect is under-estimated: the use of renewal energies to fuel the …

Permissionless blockchains require a protocol to generate consensus. Many prominent
permissionless blockchains employ Proof-of-Work (PoW) for that purpose, but PoW …

In this paper, we provide a detailed analysis of the Bitcoin network. We build a novel Bitcoin
database and develop a methodology for identifying information about the main market …

The technologies underlying money and payment systems are evolving rapidly. Both the
emergence of distributed ledger technology (DLT) and rapid advances in traditional …

The intersection of finance and technology, known as fintech, has resulted in the dramatic
growth of innovations and has changed the entire financial landscape. While fintech has a …

Employing representative data from the US Survey of Consumer Payment Choice, we find
no evidence that cryptocurrency investors are motivated by distrust in fiat currencies or …

When is record-keeping better arranged through a blockchain than through a traditional
centralized intermediary? The ideal qualities of any record-keeping system are (i) …

We provide a model of an endowment economy with two competing, but intrinsically
worthless currencies (Dollar, Bitcoin). Dollars are supplied by a central bank to achieve its …

We develop a theory that shows signaling a firm's fundamental quality (eg, its operational
capabilities) to lenders through inventory transactions to be more efficient—it leads to less …