Blockchain research institute and accelerator Cryptic Labs is adding two Nobel Laureates to its team of advisors. The additions, economists Dr. Eric S. Maskin and Sir Christopher Pissarides, are professors at Harvard University and the London School of Economics, respectively. They join Cryptic Labs’ Chief Scientist Dr. Whitfield Diffie, who won the 2015 Turing Prize for his contributions to cryptography.Awarded the Nobel Prize for Economics in 2007 for his seminal work in mechanism design theory, Dr. Maskin will bring extensive knowledge of this theory to puzzle out how projects can devise more effective token economics. To Dr. Maskin, unlocking the potential of blockchain technology means finding the proper incentives to drive a business model, and this means looking past the utility of the coins themselves.“As with any technology, it will take time to parse how economic theories will adapt. I believe that the missing element in the blockchain space is an academic focus on applications of the technology beyond cryptocurrencies. This will allow experts to truly understand and demonstrate the potential for the technology to transform various industries,” he told Bitcoin Magazine.Sir Christopher Pissarides, on the other hand, who was awarded the Nobel Prize for Economics in 2010, will provide insight on macroeconomic trends. With their combined expertise, these two authorities will work to fill in the in... For Further Information Click on Below Button