Chapter 4: The microfoundations of ledgers
Chris Berg
,
Sinclair Davidson
, and
Jason Potts
Category:
Monograph Chapter
Published:
30 Aug 2019
Page Range:
54–73
Collection:
Economics 2019
DOI:
https://doi.org/10.4337/9781788975001.00009
Restricted access

Ledgers are a fundamental economic technology. This chapter develops the ledger-centric view of the economy. Ledgers provide an underlying infrastructure for exchange by allowing actors to prove, validate, and verify property ownership. In this sense ledgers map economic, political and social relationships. The chapter offers three analytic categories of ledgers (general, actual, and perfect), and considers the evolution of ledger technology in this context. Finally, the chapter tackles ledgers as rule sets for economic coordination, and the significance of this for interoperability.

You are not authenticated to view the full text of this chapter or article.

Access options

Get access to the full article by using one of the access options below.

Other access options

Redeem Token

Institutional Login

Log in with Open Athens, Shibboleth, or your institutional credentials

Login via Institutional Access

Personal login

Log in with your Elgar Online account

Login with your Elgar account
Cover Understanding the Blockchain Economy
Understanding the Blockchain Economy
Monograph Book
Published:
30 Aug 2019
Print ISBN:
9781788974998
eISBN:
9781788975001
DOI:
https://doi.org/10.4337/9781788975001
Pages:
c 224
Collection:
Economics 2019
Buy Print