The Cryptoeconomics of Cities, Data and Space

We explore the connection between new decentralised data infrastructure and the spatial organisation of cities. Recent advances in digital technologies for data generation, storage and coordination (e.g. blockchain-based supply chains and proof-of-location services) enables more granulated, decentralised and tradeable data about city life. We propose that this new digital infrastructure for information in cities shifts the organisation and planning of city life downwards and opens new opportunities for entrepreneurial discovery. Compared to centralised governance of smart cities, crypto-cities are more emergent orderings. This paper introduces this research agenda on the boundaries of spatial economics, the economics of cities, information economics, institutional economics and technological change.

Keywords: Blockchain, Distributed Governance, Smart City, Spontaneous Order, Blockchain Supply Chain, Data Markets, Proof-of-location

JEL Classification: R10

Suggested Citation: Suggested Citation

Allen, Darcy W E and Berg, Chris and Jowett, Kiersten and Novak, Mikayla and Potts, Jason, The Cryptoeconomics of Cities, Data and Space (August 20, 2019). Allen, DWE, Berg, C, Jowett, K, Novak, M, Potts, J (Forthcoming) ‘The Cryptoeconomics of Cities, Data and Space’, Cosmos + Taxis., Available at SSRN: https://ssrn.com/abstract=3439911 or http://dx.doi.org/10.2139/ssrn.3439911