Crypto Research Report I
Similar to the Internet, the blockchain technology is changing the way we do business. Distributed ledgers have the power to ensure the highest level of transparency and accountability in contractual agreements. Cryptocurrencies are an integral part of this newfound provenance, and first-mover investors are eagerly collecting these digital tokens backed by mathematics. However, the future of this technology is uncertain. Technological and legal risks may impede the adoption of the blockchain. On a quarterly basis, the CRR strives to provide a critical and academic perspective on the legal, technical, and economic aspects of crypto assets.
Bitcoin and Beyond – The possibilities and pitfuls of virtual currencies
With public interest in virtual currencies piqued, the Federal Reserve Bank of St. Louis presented âBitcoin and Beyond: The Possibilities and the Pitfalls of Virtual Currenciesâ as part of its Dialogue with the Fed series earlier this year. Dialogue with the Fed was started in the fall of 2011 to address key economic and financial issues of the day and to provide the public with the opportunity to ask questions of Fed experts.
