Blockchain as the component of the macro-generating cluster of the sixth technological mode

Abstract

© International Research Publication House The modern economic system is characterized by the successive replacement of the Fifth Technological mode by the Sixth Technological mode. The specificity of the Sixth technological mode is the predominance of system-integrating and macrogenerating clusters in its structure. The dominant cluster is the supercluster of telecommunications and digital technologies. Blockchain is a component of this supercluster. Blockchain is a technology with a special mechanism of diffusion into existing economic systems, which can be described in terms of actor-network theory. The corresponding diffusion mechanism includes the following elements: (1) making the new technology obvious, (2) creating a contrast between the complexity and volumes of the preliminary research and the simplicity of the proposed technology, (3) achieving credibility through the simplicity and visualization of the technology, (4) ensuring inequality of opportunities between those who are supporters of the technology and its opponents, (5) a high level of trust in the creator of the technology, (6) the creation of an actor-network structure around the technology. The paper analyses the data components in relation to blockchain technology.