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Digital blockchain networks appear to be following Metcalfes Law

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TLDR
An analysis of some of the recent blockchain networks is presented to determine if they satisfy Metcalfes Law, as has been shown for some online social media networks.
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This article is published in Electronic Commerce Research and Applications.The article was published on 2017-07-01. It has received 91 citations till now. The article focuses on the topics: Metcalfe's law & Network model.

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Citations
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Blockchain research, practice and policy: Applications, benefits, limitations, emerging research themes and research agenda

TL;DR: It is asserted that blockchain technology has the potential to contribute to a number of the UN Sustainability Development Goals and engender widespread change within a number-of-established industries and practices.
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The impact of the blockchain on the supply chain: a theory-based research framework and a call for action

TL;DR: In this paper, the potential implications of the blockchain for supply chain management (SCM) are investigated using four established economic theories, namely, principal agent theory (PAT), transaction cost analysis (TCA), resource-based view (RBV), and network theory (NT).
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Datestamping the Bitcoin and Ethereum bubbles

TL;DR: This paper examined the existence and dates of pricing bubbles in Bitcoin and Ethereum, two popular cryptocurrencies using the (Phillips et al., 2011) methodology and concluded that Bitcoin is almost certainly in a bubble phase.
Journal ArticleDOI

Datestamping the Bitcoin and Ethereum Bubbles

TL;DR: The authors examined the existence and dates of pricing bubbles in Bitcoin and Ethereum, two popular cryptocurrencies using the Phillips et al. (2011) methodology and concluded that Bitcoin is almost certainly in a bubble phase.
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Fintechs: A literature review and research agenda

TL;DR: The results show a set of definitions for the term fintech and suggest as a comprehensive understanding of finttech, as innovative companies active in the financial industry making use of the availability of communication, the ubiquity of the internet, and the automated processing of information.
References
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Book

Critical mass : How one thing leads to another : Being an enquiry into the interplay of chance and necessity in the way that human culture, customs, institutions, cooperation and conflict arise

Philip Ball
TL;DR: In this paper, the authors show how much we can understand of human behaviour when we cease to try to predict and analyse the behaviour of individuals and look to the impact of hundreds, thousands or millions of individual human decisions.
Book

Critical Mass: How One Thing Leads to Another

Philip Ball
TL;DR: In this article, the authors show how much we can understand of human behaviour when we cease to try to predict and analyse the behaviour of individuals and look to the impact of hundreds, thousands or millions of individual human decisions.
Journal ArticleDOI

Metcalfe's law is wrong - communications networks increase in value as they add members-but by how much?

TL;DR: In this paper, the authors argue that Metcalfe's law, which states that the value of a communications network is proportional to the square of the number of its users, is incorrect.
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Metcalfe's Law after 40 Years of Ethernet

TL;DR: Ethernet's inventor and the law's originator models Facebook user growth over the past decade and fits Metcalfe's law to the associated revenue.
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The functional form of network effects

TL;DR: The functional form of network effects in a simple model of a telephone network is explored, and it is found that it can be linear, but only under strong conditions.
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