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

V1.0 · 2026-10-08

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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

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