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 […]

Read more "Why Reputation Systems are Needed for the Evolution of Decentralized Commerce"


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 […]