Why it’s time to start talking about blockchain ethics

By Mike Orcutt

At first glance, the word “ethics” may seem out of place next to “blockchain.” After all, the world of cryptocurrency may be most famous for its many frauds and scams.

But according to a small contingent of academics, not only does it makes sense to discuss “blockchain ethics”—it is necessary.

If blockchain technology can be reasonably expected to make a significant difference in society, then it deserves its own field of ethics, just like biotechnology, artificial intelligence, and nuclear technology, argues Rhys Lindmark, head of community and long-term societal impact at MIT’s Digital Currency Initiative. 

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