Blockchain and Smart-contract: a pioneering Approach of inter-firms Relationships? The case of franchise networks
| Autor: | Richard Baron, Magali Chaudey |
|---|---|
| Přispěvatelé: | Dao, Taï, Groupe d'Analyse et de Théorie Economique Lyon - Saint-Etienne (GATE Lyon Saint-Étienne), École normale supérieure de Lyon (ENS de Lyon)-Université Lumière - Lyon 2 (UL2)-Université Claude Bernard Lyon 1 (UCBL), Université de Lyon-Université de Lyon-Université Jean Monnet - Saint-Étienne (UJM)-Centre National de la Recherche Scientifique (CNRS), Groupe d'analyse et de théorie économique (GATE Lyon Saint-Étienne), Centre National de la Recherche Scientifique (CNRS)-Université de Lyon-Université Jean Monnet [Saint-Étienne] (UJM)-Université Claude Bernard Lyon 1 (UCBL), Université de Lyon-Université Lumière - Lyon 2 (UL2)-École normale supérieure - Lyon (ENS Lyon) |
| Jazyk: | angličtina |
| Rok vydání: | 2019 |
| Předmět: |
Transaction cost
Blockchain Smart contract business.industry media_common.quotation_subject JEL: L - Industrial Organization/L.L1 - Market Structure Firm Strategy and Market Performance/L.L1.L14 - Transactional Relationships • Contracts and Reputation • Networks ComputingMilieux_LEGALASPECTSOFCOMPUTING Network Payment [SHS.ECO]Humanities and Social Sciences/Economics and Finance Oracle Network management Franchise Information asymmetry Transparency (graphic) JEL: O - Economic Development Innovation Technological Change and Growth/O.O3 - Innovation • Research and Development • Technological Change • Intellectual Property Rights/O.O3.O33 - Technological Change: Choices and Consequences • Diffusion Processes Smart-Contract Business JEL: L - Industrial Organization/L.L8 - Industry Studies: Services/L.L8.L81 - Retail and Wholesale Trade • e-Commerce [SHS.ECO] Humanities and Social Sciences/Economics and Finance Industrial organization media_common |
| Popis: | This paper is interested in the analysis of Blockchains and Smart-contracts applied to inter-firms relationships, in particular the franchise networks. After defining the Blockchain technology and the Smart-contract as a particular type of contract stored in blockchains, we question the theory of contracts and its conception(s) of transactions, information asymmetries, firm or inter-firm relations. To better understand the challenges of blockchain for franchise networks and identify opportunities for implementation in these networks, we present some relevant applications of this technology. We identify different ways where blockchain technology could improve the network management and therefore their performance: the supply-chain, the brand-name protection, security and transparency in the payment of fees and royalties, access to reliable information via an oracle. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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