ABSTRACT
This chapter focuses on the Social Theory of "post-liberalism", as illustrations of such in the workplace, it explores the proliferation of blockchains. The process of the blockchain works by mutual verification of 'transactions', across a distributed network of computers, which are verified by algorithms within the network. The pseudonymous technologist Satoshi Nakomoto created the blockchain protocol around 2007, at the start of the latest large-scale financial crisis affecting western economies. Since then a wide range of technologists have adopted the principles of the blockchain to generate other forms of unique, non-copyable distributed information that can be applied, for example, to ways of democratic voting and the organisation of collaborative political and economic structures. The blockchain offers energy companies a more efficient, secure and accurate way to manage supply, distribution and bill-paying, on a global scale, using smart contracts that are almost impossible to hack into.
