First Order Design Principles for Stable Cryptocurrencies

Are stable cryptocurrencies needed? How can one design an algorithmic policy for minting tokens and manage decentralized monetary policy? My most recent paper on “First Order Design Principles for Stable Cryptocurrencies” answers these and many other questions on stable cryptocurrencies. Abstract The emergence and proliferation of stable cryptocurrencies necessitate the establishment of first order design […]

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Decentralized Underwriting

Craig Calcaterra Department of Mathematics, Metropolitan State University Wulf A. Kaal University of St. Thomas, Minnesota – School of Law Vadhindran K. Rao Metropolitan State University Abstract Insurance products can be optimized with emerging decentralized technology. We propose the use of cryptocurrencies as claims on future cash flows of an underwriting business operated by a […]

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Blockchain Solutions for Agency Problems in Corporate Governance

Forthcoming in: Economic Information to Facilitate Decision Making, Edited Book, Editor- Kashi R. Balachandran, World Scientific Publishers (2019). Abstract As a foundational technology, blockchain technology creates the infrastructure for decentralized networked governance that, over time, creates the environment that enables the removal of internal and external monitoring mechanisms previously necessitated by agency problems in corporate […]

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Stable Cryptocurrencies

Stable cryptocurrencies offer the public the prospect of access to the crypto ecosystem built on the stability and endurance of the existing financial system. Stable cryptocurrencies offer investors the prospect of a safe haven when markets are volatile. They also address the costly fiat-to-crypto-conversion (and vice versa) for those investors who wish to avoid conversion […]

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BLOCKCHAIN SOLUTIONS FOR AGENCY PROBLEMS IN CORPORATE GOVERNANCE

BLOCKCHAIN SOLUTIONS FOR AGENCY PROBLEMS IN CORPORATE GOVERNANCE ECONOMIC INFORMATION TO FACILITATE DECISION MAKING, EDITED BOOK, EDITOR- KASHI R. BALACHANDRAN, WORLD SCIENTIFIC PUBLISHERS (2019). 26 Pages Posted: Wulf A. Kaal University of St. Thomas, Minnesota – School of Law Date Written: April 17, 2019 Abstract As a foundational technology, blockchain technology creates the infrastructure for decentralized […]

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Takeaways – World Economic Forum 2019

The World Economic Forum 2019 took place from January 20 to 26th in Davos Switzerland. Despite much of the negative press after the weeklong meetings of world – and tech -leaders in Davos, Switzerland, I find 3 key positive takeaways are worth noting. Humanity is experiencing unprecedented exponential disruptive innovation I have been teaching the […]

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