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WISERUNION / Chinese public reading

Blockchain - the underlying technology of Stakeholder Capital Theory

Institutional technology, stakeholder capital and evolvable co-creation of order

V1.0 · 2026-10-08

This book defines blockchain as an institutional technology. Along the two main lines of information replication and asset transfer, social consensus and technical execution, it systematically discusses digital assets, contribution confirmation, capital formation, equity allocation, collaborative governance and evolvable systems.

About this book and the current version

Understand co-creation from the perspective of institutional technology.

V1.0 is officially released as the WISERUNION institutional research version and the non-sale research version, which includes a preface, introduction, seven chapters and thirty-two chapters, conclusion, thirteen appendices, thirteen core charts and references. The first author is Codex, and the second author is Andrew David W.Y. This book does not constitute legal, accounting, or tax advice in a particular jurisdiction or certification of actual system security.

V1.0 is officially released as the WISERUNION institutional research version and the non-sale research version, which includes a preface, introduction, seven chapters and thirty-two chapters, conclusion, thirteen appendices, thirteen core charts and references. The first author is Codex, and the second author is Andrew David W.Y. This book does not constitute legal, accounting, or tax advice in a particular jurisdiction or certification of actual system security.

Source: yutengfei.com Chinese version ↗ · The copy of this site was compiled on 2026-10-27. The author, version and text are retained according to the current Chinese version of the original site.

CONTENTS / Full directory

From each chapter, keep reading.

57 public reading units · Full text in Chinese

  1. 01 Introduction Why co-creation requires institutional technology Chinese source
  2. 02 Introduction How Blockchain Becomes the Technical Foundation for Stakeholder Capital Governance Chinese source
  3. 03 "Blockchain - The Underlying Technology of Stakeholder Capital Theory" Core Chart Catalog V1.0 Chinese source
  4. 04 Chapter 1 Institutional Technology: From Information Copying to Asset Transfer Chinese source
  5. 05 Chapter 1 The institutional technical attributes of blockchain Chinese source
  6. 06 Chapter 2 The Fundamental Difference between Information Replication and Asset Transfer Chinese source
  7. 07 Chapter 3 Issues of exclusivity, ownership and property rights in the digital world Chinese source
  8. 08 Chapter 4 From Digital Assets to Stakeholder Capital Chinese source
  9. 09 Chapter 5 From social consensus to institutional rules Chinese source
  10. 10 Chapter 6 Applicable Conditions and Selection Boundaries of Institutional Technology Chinese source
  11. 11 Part 2 Consensus and Implementation: How Institutions Enter Technical Systems Chinese source
  12. 12 Chapter 7 Cryptography: Authorization, Integrity and Verifiable Evidence Chinese source
  13. 13 Chapter 8 Distributed Ledger: How a Common State is Formed Chinese source
  14. 14 Chapter 9 Consensus Mechanism: Confirmation System of Common Ledger Chinese source
  15. 15 Chapter 10 Institutional Arrangements in Different Consensus Mechanisms Chinese source
  16. 16 Chapter 11 Smart Contract: How institutional rules are executed Chinese source
  17. 17 Chapter 12 Reality Connection: How the on-chain system corresponds to off-chain facts Chinese source
  18. 18 Part 3 Contribution Acknowledgment: How Co-Creation Becomes a Verifiable Record Chinese source
  19. 19 Chapter 13 Stakeholder Identity and Relationship Modeling Chinese source
  20. 20 Chapter 14 Commitments, Tasks and Contribution Events Chinese source
  21. 21 Chapter 15 Contribution Evidence and Confirmation Procedures Chinese source
  22. 22 Chapter 16 Contribution Measurement and Value Judgment Chinese source
  23. 23 Chapter 4 Capital and Equity: From Contribution Records to Institutionalized Rights Chinese source
  24. 24 Chapter 17 Capital formation conditions and account system Chinese source
  25. 25 Chapter 18 Equity Structure, Digital Certificates and Rights Transfer Chinese source
  26. 26 Chapter 19 Token Mechanism and Circulation Rules Chinese source
  27. 27 Chapter 20 Income Accounting and Distribution Execution Chinese source
  28. 28 Part 5 Collaborative Governance: How to operate, supervise and revise the system Chinese source
  29. 29 Chapter 21 From technical consensus to multi-party governance Chinese source
  30. 30 Chapter 22 Formulation, implementation and revision of the system Chinese source
  31. 31 Chapter 23 Auditing, Correction and Responsibility Tracing Chinese source
  32. 32 Chapter 24 Cross-organizational collaboration and ecological governance Chinese source
  33. 33 Part 6 System Construction: From Technical Architecture to Validity Testing Chinese source
  34. 34 Chapter 25 The overall technical architecture of stakeholder capital governance Chinese source
  35. 35 Chapter 26 Security, Privacy and Continuous Operation of the System Chinese source
  36. 36 Chapter 27 Implementation Path and System Migration Chinese source
  37. 37 Chapter 28 How to test the true effect of blockchain on capital governance Chinese source
  38. 38 Part 7 Future Institutions: From Programmable Assets to Evolvable Co-Creative Order Chinese source
  39. 39 Chapter 29 From asset transfer to programmable rights and obligations Chinese source
  40. 40 Chapter 30 Capital system jointly created by humans and intelligence Chinese source
  41. 41 Chapter 31 Composable Systems and Cross-Organizational Collaboration Networks Chinese source
  42. 42 Chapter 32 Verifiable, Revisable and Evolvable System Chinese source
  43. 43 Conclusion · Turn shared creation into capital for shared growth Chinese source
  44. 44 Appendix 1 · Stakeholder-capital concepts and technical objects Chinese source
  45. 45 Appendix 2 · Blockchain suitability assessment Chinese source
  46. 46 Appendix 3 · Stakeholder identities, roles and permissions Chinese source
  47. 47 Appendix 4 · Contribution events, evidence and confirmation-status data dictionary Chinese source
  48. 48 Appendix 5 · Capital-formation conditions and rights-registration template Chinese source
  49. 49 Appendix 6 · Mapping institutional provisions to smart-contract functions Chinese source
  50. 50 Appendix 7 · Return accounting, distribution and reconciliation workflow Chinese source
  51. 51 Appendix 8 · Governance proposals, voting and rule-upgrade workflow Chinese source
  52. 52 Appendix 9 · Security, privacy, exceptions and recovery checklist Chinese source
  53. 53 Appendix 10 · System acceptance and technical-effect assessment Chinese source
  54. 54 Appendix 11 · Institutional dimensions of consensus mechanisms Chinese source
  55. 55 Appendix 12 · On-chain control, institutional interests and legal rights checklist Chinese source
  56. 56 Appendix 13 · Future institutional propositions, conditions and falsification paths Chinese source
  57. 57 References Chinese source

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