ANDREW DAVID W.Y.
Blockchain — The Underlying Technology of Stakeholder Capital Theory

Public reading edition / V1.0

Blockchain — The Underlying Technology of Stakeholder Capital Theory

Institutional Technology, Stakeholder Capital, and an Evolvable Order of Co-Creation

This book treats blockchain as institutional technology and examines digital assets, contribution recognition, capital formation, entitlement design, collaborative governance and evolvable institutions through two linked lines: information copying versus asset transfer, and social consensus versus technical execution.

Version
V1.0
Date
2026-10-08
Author
Codex；Andrew David W.Y.

Text: Chinese original

Start reading · Chinese textContents

Overview

This book treats blockchain as institutional technology and examines digital assets, contribution recognition, capital formation, entitlement design, collaborative governance and evolvable institutions through two linked lines: information copying versus asset transfer, and social consensus versus technical execution.

The Chinese V1.0 WISERUNION institutional research edition contains a preface, introduction, seven parts with 32 chapters, a conclusion, 13 appendices, 13 core figures and references. Codex is listed as first author and Andrew David W.Y. as second author. The full book body remains in Chinese; this interface does not claim a complete translation.

Contents

Preface — Why Co-Creation Needs Institutional Technology · Chinese text

Introduction — Blockchain as a Technical Foundation for Stakeholder Capital Governance · Chinese text

Core Figures · Chinese text

Part 1 — Institutional Technology: From Copying Information to Transferring Assets

Part 1 — Institutional Technology: From Copying Information to Transferring Assets · Chinese text

  1. Chapter 1 — Blockchain as Institutional Technology · Chinese text
  2. Chapter 2 — The Fundamental Difference Between Copying Information and Transferring Assets · Chinese text
  3. Chapter 3 — Exclusivity, Ownership and Property Rights in the Digital World · Chinese text
  4. Chapter 4 — From Digital Assets to Stakeholder Capital · Chinese text
  5. Chapter 5 — From Social Consensus to Institutional Rules · Chinese text
  6. Chapter 6 — Conditions and Limits for Choosing Institutional Technology · Chinese text
Part 2 — Consensus and Execution: Bringing Institutions into Technical Systems

Part 2 — Consensus and Execution: Bringing Institutions into Technical Systems · Chinese text

  1. Chapter 7 — Cryptography: Authorization, Integrity and Verifiable Evidence · Chinese text
  2. Chapter 8 — Distributed Ledgers: How a Shared State Is Established · Chinese text
  3. Chapter 9 — Consensus Mechanisms: Rules for Confirming a Shared Ledger · Chinese text
  4. Chapter 10 — Institutional Arrangements Across Consensus Mechanisms · Chinese text
  5. Chapter 11 — Smart Contracts: How Institutional Rules Are Executed · Chinese text
  6. Chapter 12 — Connecting to Reality: Linking On-Chain Rules to Off-Chain Facts · Chinese text
Part 3 — Contribution Recognition: Making Co-Creation Verifiable

Part 3 — Contribution Recognition: Making Co-Creation Verifiable · Chinese text

  1. Chapter 13 — Modeling Stakeholder Identities and Relationships · Chinese text
  2. Chapter 14 — Commitments, Tasks and Contribution Events · Chinese text
  3. Chapter 15 — Contribution Evidence and Recognition Procedures · Chinese text
  4. Chapter 16 — Measuring Contributions and Judging Value · Chinese text
Part 4 — Capital and Rights: From Contribution Records to Institutionalized Rights

Part 4 — Capital and Rights: From Contribution Records to Institutionalized Rights · Chinese text

  1. Chapter 17 — Conditions for Capital Formation and Account Systems · Chinese text
  2. Chapter 18 — Rights Structures, Digital Credentials and Transfers of Rights · Chinese text
  3. Chapter 19 — Token Mechanisms and Circulation Rules · Chinese text
  4. Chapter 20 — Calculating Returns and Executing Distributions · Chinese text
Part 5 — Collaborative Governance: Operating, Overseeing and Revising Institutions

Part 5 — Collaborative Governance: Operating, Overseeing and Revising Institutions · Chinese text

  1. Chapter 21 — From Technical Consensus to Multi-Party Governance · Chinese text
  2. Chapter 22 — Making, Executing and Revising Institutional Rules · Chinese text
  3. Chapter 23 — Auditing, Correction and Accountability · Chinese text
  4. Chapter 24 — Cross-Organizational Collaboration and Ecosystem Governance · Chinese text
Part 6 — Building Systems: From Technical Architecture to Testing Effectiveness

Part 6 — Building Systems: From Technical Architecture to Testing Effectiveness · Chinese text

  1. Chapter 25 — An Integrated Technical Architecture for Stakeholder Capital Governance · Chinese text
  2. Chapter 26 — Security, Privacy and Continuous System Operation · Chinese text
  3. Chapter 27 — Implementation Pathways and Institutional Transition · Chinese text
  4. Chapter 28 — Testing Blockchain’s Real Contribution to Capital Governance · Chinese text
Part 7 — Future Institutions: From Programmable Assets to an Evolving Order of Co-Creation

Part 7 — Future Institutions: From Programmable Assets to an Evolving Order of Co-Creation · Chinese text

  1. Chapter 29 — From Asset Transfers to Programmable Rights and Obligations · Chinese text
  2. Chapter 30 — Capital Institutions for Co-Creation by Humans and Intelligent Agents · Chinese text
  3. Chapter 31 — Composable Institutions and Cross-Organizational Collaboration Networks · Chinese text
  4. Chapter 32 — Verifiable, Revisable and Evolving Institutions · Chinese text

Conclusion — Turning Co-Creation into Capital for Shared Growth · Chinese text

Appendix 1 — Stakeholder Capital Concepts and Technical Objects · Chinese text

Appendix 2 — Blockchain Suitability Assessment · Chinese text

Appendix 3 — Stakeholder Identity, Roles and Permissions · Chinese text

Appendix 4 — Contribution Events, Evidence and Confirmation States · Chinese text

Appendix 5 — Capital Formation and Entitlement Registration · Chinese text

Appendix 6 — Institutional Clauses and Smart-Contract Functions · Chinese text

Appendix 7 — Returns, Distribution and Reconciliation · Chinese text

Appendix 8 — Governance Proposals, Voting and Rule Upgrades · Chinese text

Appendix 9 — Security, Privacy, Incidents and Recovery · Chinese text

Appendix 10 — System Acceptance and Technical-Effect Metrics · Chinese text

Appendix 11 — Institutional Comparison of Consensus Mechanisms · Chinese text

Appendix 12 — On-Chain Control, Institutional Entitlements and Legal Rights · Chinese text

Appendix 13 — Future Institutional Propositions and Falsification Paths · Chinese text

References · Chinese text

Supporting materials

V1.0正式版PDF（A4）V1.0 · Material: Chinese original

WISERUNION机构研究版、非售研究版；241页，含文字层与58个书签。

V1.0正式版EPUB 3V1.0 · Material: Chinese original

包含出版信息页、57个正文阅读单元和13张核心图表。

Versions and updates

V0.1

This public manuscript contains a preface, introduction, seven parts with 32 chapters, and a conclusion. The eight appendices in the outline do not yet have full text and are not presented as completed material. Supporting resources will be added when available.

V1.0

The Chinese V1.0 WISERUNION institutional research edition contains a preface, introduction, seven parts with 32 chapters, a conclusion, 13 appendices, 13 core figures and references. Codex is listed as first author and Andrew David W.Y. as second author. The full book body remains in Chinese; this interface does not claim a complete translation.

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