Why Reputation Systems are Needed for the Evolution of Decentralized Commerce

Smart contracts allow anonymous parties to engage in decentralized commerce by providing automated contracting that self-executes and self-regulates according to mathematical strictures. Smart contracts are evolving quickly. Their evolution enables most business logic to be included in smart contracts over time. Example A simple example involving smart property may help illustrate the uses of smart […]

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CRYPTO ECONOMICS

I. Introduction Contemporary society is expeditiously embracing decentralized solutions for human interaction. Increasingly complex frameworks, theories and models are needed to understand the issues facing contemporary societies.[1]Crypto-economics as a discipline is an attempt to create models that allow the analysis of interrelationship in increasingly complex frameworks of human interaction in distributed systems. Most commonly accepted […]

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