Emerging regulatory approaches to blockchain based token economy

The token economy.

knowledge based economy: approaches, foundations and implications

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On Space-Scarce Economy In Blockchain Systems

In this paper we study space-scarce economy in massively replicated open blockchain systems. In these systems, such as Bitcoin, memory to hold a current state snapshot needed to validate transactions becomes the most scarce resource eventually. The issue is even more critical for blockchain systems used to store data (votes, certificates, logs etc.). Uncontrolled state size growth could lead to...

Token Economy Plus Self - Monitoring to Reduce Disruptive Classroom Behaviors

The current study examined the effectiveness of a combined token economy and self-monitoring package with a youth displaying a major mental illness and severe aggressive and persistent disruptive behaviors. The student received points for lower rates of aggressive/disruptive behavior and ‘bonus’ points for accurately self-monitoring and recording his own behaviors. The results indicate that the...

Token Economy for Online Exchange Systems ( Extended

This paper studies the design of online exchange systems that are operated based on the exchange of tokens, a simple internal currency which provides indirect reciprocity among agents for cooperation. The emphasis is on how the protocol designer should choose a protocol a supply of tokens and suggested strategies to maximize service provision, taking into account that impatient agents will comp...