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April 3, 2025· arXiv
preprint
Open access

Ethics of Blockchain Technologies

Authors:Georgy Ishmaev

Abstract

This chapter explores three key questions in blockchain ethics. First, it situates blockchain ethics within the broader field of technology ethics, outlining its goals and guiding principles. Second, it examines the unique ethical challenges of blockchain applications, including permissionless systems, incentive mechanisms, and privacy concerns. Key obstacles, such as conceptual modeling and information asymmetries, are identified as critical issues. Finally, the chapter argues that blockchain ethics should be approached as an engineering discipline, emphasizing the analysis and design of trade-offs in complex systems.

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