Research

Evidence for decisions at the edge of finance and technology

Garrick's research focuses on digital assets, financial innovation, monetary systems, market structure, and economic history. His work combines original data, institutional context, and practical questions facing policymakers, investors, and business leaders.

Selected Work

Peer reviewed2019

Governance and control in distributed ledgers: Understanding the challenges facing blockchain technology in financial services

With Michel Rauchs, Blandin Apolline, and Keith Bear. Published in Information & Management.

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Index2014

The Bitcoin Market Potential Index

A framework for comparing the relative potential for Bitcoin adoption across national markets.

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Market report2019

The State of Stablecoins 2019: Hype vs. Reality in the Race for Stable, Global, Digital Money

With Michel Rauchs, Parth Deshpande, and Robert Crook.

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Book chapter2014

From Bitcoin to the Brixton Pound: History and Prospects for Alternative Currencies

With Michael Leonard. In Proceedings of the 2014 International Conference on Social Computing.

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Benchmarking study2017

Global Blockchain Benchmarking Study

With Michel Rauchs. A data-led view of blockchain use, organisations, and infrastructure worldwide.

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Research agenda

Recurring questions

Digital money & infrastructure

How stablecoins, public digital currencies, and distributed ledgers change payment systems, settlement, custody, and market organisation.

Adoption & market structure

How regulation, institutions, user needs, and business models shape the development of new financial technologies.

Economic history & policy

What alternative currencies, sovereign credit, financial repression, and historical crises reveal about present choices.

Research archive

Further selected work

Earlier macroeconomic and financial-market commentary is available in the MacroDigest™ archive.

Digital assets, stablecoins & alternative finance
Macroeconomics, sovereign risk & financial history