Chen and Bellavitis (2020) argue that blockchain technology can reduce transaction costs by creating a “distributed trust” process. Cong and He (2019) continue the argument that Bitcoin and blockchain technology are only disruptive because of decentralization, while misquoting and erroneously describing the nature of decentralization in the context of political systems. Etemadi et al. (2021) provide a literature review broken into a series of communities of thought based on a comprehensive Scopus search, capturing the widespread failure to understand blockchain systems and technology. Lombardi et al. (2021) cluster the technology into five keyword clusters, while Pervez and Haq (2019) use hyped terminology to undervalue the research presented.
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