Publications

The Blockchain as a Narrative Technology

Author(s)
Wessel Reijers, Mark Coeckelbergh
Abstract

In this paper, we engage in a philosophical investigation of how blockchain technologies such as cryptocurrencies can mediate our social world. Emerging blockchain-based decentralised applications have the potential to transform our financial system, our bureaucracies and models of governance. We construct an ontological framework of “narrative technologies” that allows us to show how these technologies, like texts, can configure our social reality. Drawing from the work of Ricoeur and responding to the works of Searle, in postphenomenology and STS, we show how blockchain technologies bring about a process of emplotment: an organisation of characters and events. First, we show how blockchain technologies actively configure plots such as financial transactions by rendering them increasingly rigid. Secondly, we show how they configure abstractions from the world of action, by replacing human interactions with automated code. Third, we investigate the role of people’s interpretative distances towards blockchain technologies: discussing the importance of greater public involvement with their application in different realms of social life.

Organisation(s)
Department of Philosophy
External organisation(s)
Dublin City University
Journal
Philosophy and Technology
Volume
31
Pages
103-130
No. of pages
28
ISSN
2210-5433
DOI
https://doi.org/10.1007/s13347-016-0239-x
Publication date
03-2018
Peer reviewed
Yes
Austrian Fields of Science 2012
603122 Philosophy of technology
Keywords
ASJC Scopus subject areas
Philosophy, History and Philosophy of Science
Portal url
https://ucrisportal.univie.ac.at/en/publications/e586280d-ffbf-4280-9f78-375ec860f694