Christopher

33%
Flag icon
With blockchain technology peers can develop more formal reputations for effective contributions to the community. To discourage bad behavior, members could ante up a small amount of money that either increases or decreases based on contribution. In corporate-owned communities, peers could share in the value they create and receive payment for their contributions as smart contracts drop transaction costs and open up the walls of the firm.
Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World
Rate this book
Clear rating