Essays about: "Excess inertia"
Found 1 essay containing the words Excess inertia.
1. Blockchains and Coordination Failure in Cross-Border Payment Systems: Overcoming the Penguin EffectUniversity essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi
Abstract : The blockchain has been described as a "foundational" technology that has the potential to fundamentally alter the banking system. Its core feature is the enablement of an electronic peer-to-peer money transfer system without the presence of intermediaries. READ MORE