Faculty News
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Professor Thomas Philippon's research on blockchain technology is referenced
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![Financial Times logo Financial Times logo](/sites/default/files/styles/192w_x_144h/public/assets/images/uat_025699.jpg?h=cd55d432&itok=uJaKbjrl)
Excerpt from the Financial Times -- "In theory, the blockchain technology could improve the efficiency of the market, but if there is no entry, this would simply increase the rents of incumbents. A restricted blockchain could in fact be used by incumbents to deter entry and stifle innovation."
Faculty News
—
![Financial Times logo Financial Times logo](/sites/default/files/styles/192w_x_144h/public/assets/images/uat_025699.jpg?h=cd55d432&itok=uJaKbjrl)
Excerpt from the Financial Times -- "In theory, the blockchain technology could improve the efficiency of the market, but if there is no entry, this would simply increase the rents of incumbents. A restricted blockchain could in fact be used by incumbents to deter entry and stifle innovation."