Date of Talk
In my research, I explore how technology is changing economic forces. I focus on blockchain technologies and platform competition. In both these areas, we see that technology has challenged the underlying foundations of business, and firms must evaluate and change their strategies accordingly. My findings indicate that conventional wisdom and rules of thumb derived from standard economic analysis may provide insufficient guidance to firms in technology-focused industries.
The development of Blockchains technologies, including smart contracts and cryptographic tokens, have a potential to change the competition between platforms. In this presentation, based on a couple of projects, I will discuss how utility tokens can help new platforms enter the market, and how governance tokens can help platforms to increase social welfare. I will also discuss limitations of these technologies in improving platform strategy and competition.