The Infinite Potential of Blockchain-Based Institutions

in ethereum •  7 years ago  (edited)

Institutions are the cornerstone of social systems.

A blockchain based-social network powered by cooperatively owned infrastructure could power a virtual microeconomy. 

Network Data Priorities: Availability + Integrity

Network value add is created and evaluated by asset-holding distributed autonomous institutions and their underlying communities, whose job is to (1.) create collaborative environments within the virtual sandbox economy and (2.) enrich the network through the evaluation of network asset use.

This network takes the form of a trust-web or "light-web" where identity (artificial or real) can be used as a network identifier allowing for the ownership of paid data + interactions within the network.

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