Academy of Management 2018 Symposium
DIGITAL LEDGER TECHNOLOGY: HOW BLOCKCHAIN IS CHANGING ORGANIZATIONS AND MARKETS
Session ID: 1250
Date: Monday, Aug 13 2018
Time: 1:15PM - 2:45PM
Location: Marriott Chicago Downtown - Magnificent Mile in Grace
Sponsors: OMT and STR
Organizers: Aija Leiponen & Llewellyn Thomas
Presenters: Richard Gordon, IBM (Smart Contract Strategies)
Llewellyn Thomas (Markets for Data)
Hanna Halaburda (Blockchain applications beyond cryptocurrencies)
Christian Catalini (Technological Opportunity, Bubbles and Innovation: The Dynamics of ICOs)
Discussant: Marc-David Seidel
Distributed ledger technologies (DLTs) such as blockchains can significantly lower the costs of verification, thereby facilitating contract enforcement in digital transactions. When verification becomes easy and cheap, transaction intermediaries that provide contract fulfilment services may become redundant, enabling decentralized marketplaces for digital goods at a large scale. This symposium explores the implications of DLTs for theories of organizations and markets. Our panel of experts will discuss the relationship between blockchain and legal enforcement of contracts; emergence of new blockchain-based marketplaces; and potential and limitations of DLTs related to markets for other digital assets.
Key Words: Distributed ledger technology, blockchain, law, markets.
*** Apologies for cross posting ***