Recordism: A social-scientific prospect of blockchain from social, legal, financial, and technological perspectives
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Blockchain has the potential to reform the architecture of cyberspace and transform the storage, circulation and exchange of information through decentralization, transparency and de-identification. Meaning that ordinary participants can become traders, miners, retailers, and customers simultaneously, breaking the barriers and reducing the information gap between participants in the community, contributing to the futuristic metaverse with an open progressive and equal ideology. Such information transformation empowered by blockchain also profoundly impacts our methodological cognition, legal governance on cyberspace and financial and technological development. This study explores the main question: what are the implications of the blockchain-driven information revolution for society and social sciences? In order to answer this main question, this paper chooses four perspectives, which are methodological, legal, financial and technical. By analysis of these four perspectives, this paper is expected to provide a more comprehensive analysis of the blockchain-driven impact on society, social sciences, and technology to contribute to current scholarships. Additionally, regarding blockchain as an innovative methodological cognition, it grows on top of other technologies while helping advance other technologies. This paper concludes that although there are few frictions between blockchain and current social architecture, blockchain is so much more than the technology itself, that can be a representative of the community, acting as the source of trust, watcher of governance, law enforcer for virtual activities, and an incubator for future technologies.
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