How Blockchain Applications Will Move Beyond Finance

Harvard Business

Through a clever mix of game theory and cryptography, bitcoin replicates financial systems’ ability to transfer value, but without any of the labor typically involved in running and securing transactions. See More Videos > See More Videos > The same applies to trade finance and financial assets, where companies such as Digital Asset Holdings (run by JPMorgan veteran Blythe Masters ), Blockstream, and Chain are trying to revolutionize how assets are issued and traded.

Strategy Lessons From Jean Tirole

Harvard Business Review

He then usually brings in the tools of game theory, in which his protagonists have to contend with other rational actors and the moves they might make. The basic story is that early antitrust and regulatory ideas that didn’t have much basis in economic theory were brushed aside in the 1970s and 1980s by the University of Chicago-based “law and economics” movement, which basically taught that competition conquers all, even in pretty concentrated industries. Corporate finance?