Showing 2025Show all
2 papers · 1 filter
cs.CE2025
Cycles Protocol: A Peer-to-Peer Electronic Clearing System
Ethan Buchman, Paolo Dini, Shoaib Ahmed +2
For centuries, financial institutions have responded to liquidity challenges by forming closed, centralized clearing clubs with strict rules and membership that allow them to colla…
econ.TH2025
NDAI Agreements
Matthew Stephenson, Andrew Miller, Xyn Sun +2
We study a fundamental challenge in the economics of innovation: an inventor must reveal details of a new idea to secure compensation or funding, yet such disclosure risks expropri…