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Distributed Ledgers & Linked Data

Published: 03 April 2017 Publication History

Abstract

Distributed are increasing being thought of as a platform for decentralised applications -- DApps -- and the the focus for many is shifting from Bitcoin to Smart Contracts. It's thought that encoding contracts and putting them "on the blockchain" will result in a new generation of organisations that are leaner and more efficient than their forebears ("CApps"?"), disrupting these forebears in the process.
However, the most interesting aspect of Bitcoin and blockchain is that it involved no new technology, no new math. Their emergence was due to changes in the environment: the price-performance and penetration of broadband networks reached a point that it was economically viable for a decentralised solution, such as Bitcoin to compete with traditional payment (international remittance) networks. This is combining with another trend -- the shift from monolithic firms to multi-sided markets such as AirBnb et al and the rise of "platform businesses" -- to enable a new class of solution to emerge. These new solutions enable firms to interact directly, without the need for a facilitator such as a market, exchange, or even a blockchain. In the past these facilitators were firms. More recently they have been "platform businesses". In the future they may not exist at all.

Cited By

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  • (2021)Characterizing Ethereum’s Mining Power Decentralization at a Deeper LevelIEEE INFOCOM 2021 - IEEE Conference on Computer Communications10.1109/INFOCOM42981.2021.9488812(1-10)Online publication date: 10-May-2021
  • (2018)Towards Enforcement of the EU GDPR: Enabling Data Erasure2018 IEEE International Conference on Internet of Things (iThings) and IEEE Green Computing and Communications (GreenCom) and IEEE Cyber, Physical and Social Computing (CPSCom) and IEEE Smart Data (SmartData)10.1109/Cybermatics_2018.2018.00067(222-229)Online publication date: Jul-2018

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Published In

cover image ACM Other conferences
WWW '17 Companion: Proceedings of the 26th International Conference on World Wide Web Companion
April 2017
1738 pages
ISBN:9781450349147

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  • IW3C2: International World Wide Web Conference Committee

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International World Wide Web Conferences Steering Committee

Republic and Canton of Geneva, Switzerland

Publication History

Published: 03 April 2017

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Author Tags

  1. blockchain
  2. distributed ai
  3. distributed ledgers
  4. linked data

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  • Keynote

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WWW '17
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  • IW3C2

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WWW '17 Companion Paper Acceptance Rate 164 of 966 submissions, 17%;
Overall Acceptance Rate 1,899 of 8,196 submissions, 23%

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Cited By

View all
  • (2021)Characterizing Ethereum’s Mining Power Decentralization at a Deeper LevelIEEE INFOCOM 2021 - IEEE Conference on Computer Communications10.1109/INFOCOM42981.2021.9488812(1-10)Online publication date: 10-May-2021
  • (2018)Towards Enforcement of the EU GDPR: Enabling Data Erasure2018 IEEE International Conference on Internet of Things (iThings) and IEEE Green Computing and Communications (GreenCom) and IEEE Cyber, Physical and Social Computing (CPSCom) and IEEE Smart Data (SmartData)10.1109/Cybermatics_2018.2018.00067(222-229)Online publication date: Jul-2018

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