Cong & He (2017). Blockchain Disruptions and Smart Contracts. University of Chicago.

Available at: Blockchain Disruption and Smart Contracts (2017), Cong & He.

Lin William Cong, and Zhiguo He, both from the University of Chicago Booth School of Business, in this paper analyse how decentralization improves consensus effectiveness and how the features of  blockchain may reshape industrial organization and the landscape of competition. This is a very important academic work to understand the relation between Distributed Ledger Technologies (DLT) embodied in blockchain and smart contracts.