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dc.contributor.advisorChristian Catalini.en_US
dc.contributor.authorLamarque, Mélodieen_US
dc.contributor.otherSloan School of Management.en_US
dc.date.accessioned2016-09-30T19:33:41Z
dc.date.available2016-09-30T19:33:41Z
dc.date.copyright2016en_US
dc.date.issued2016en_US
dc.identifier.urihttp://hdl.handle.net/1721.1/104522
dc.descriptionThesis: S.M. in Management Studies, Massachusetts Institute of Technology, Sloan School of Management, 2016.en_US
dc.descriptionCataloged from PDF version of thesis.en_US
dc.descriptionIncludes bibliographical references (pages 82-88).en_US
dc.description.abstractThe technological revolution of digital and online computing combined with the information revolution paved the way for the emergence of innovations to reshape existing industries and the way we think about traditional services. Even one of the most traditional industries, the financial sector, is being actively disrupted through fintech and the sharing economy. Innovations such as mobile banking, peer-to-peer lending or crowdfunding are challenging existing models and practices. This paper aims to show that blockchain technology has the potential to transform equity markets by offering valuable opportunities to create new products to overcome existing inefficiencies and frictions. The blockchain was first introduced as the technology behind the bitcoin cryptocurrency, and is a trustless, decentralized and secure ledger. It provides an unprecedented way to monitor and execute transactions with no need for intermediaries, and to keep a tamper-proof record of these transactions. This breakthrough technology has gradually gained traction and is now being explored far beyond the scope of bitcoin projects. Even traditional big players in the financial industry are looking for ways to benefit from the blockchain: Nasdaq launched Nasdaq Linq, a blockchain-based equity platform for private companies, and 42 international banks came together to join the R3 consortium to explore blockchain's opportunities.en_US
dc.description.statementofresponsibilityby Mélodie Lamarque.en_US
dc.format.extent88 pagesen_US
dc.language.isoengen_US
dc.publisherMassachusetts Institute of Technologyen_US
dc.rightsM.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission.en_US
dc.rights.urihttp://dspace.mit.edu/handle/1721.1/7582en_US
dc.subjectSloan School of Management.en_US
dc.titleThe blockchain revolution : new opportunities in equity marketsen_US
dc.title.alternativeNew opportunities in equity marketsen_US
dc.typeThesisen_US
dc.description.degreeS.M. in Management Studiesen_US
dc.contributor.departmentSloan School of Management.en_US
dc.identifier.oclc958296722en_US


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