Summary: Blockchain, The Rise of Trustless Trust?
Kevin D. Werbach · ScholarlyCommons (University of Pennsylvania) · 2019
Blockchain is a term that is used for a family of distributed ledger technologies (DLT). Although there is one virtual ledger, every participant in the network has a copy, allowing for local control of data and transparency while ensuring all ledgers remain in sync. This summary of Professor Kevin Werbach's B-School for Public Policy Seminar, discusses how blockchain platforms and more traditional legal mechanisms can be made to work together.