Wednesday, January 19, 2022

Pipelines --> Platforms --> Protocols

Interesting article about how market institutions are changing with blockchain technology:

  • Platforms drove market efficiencies by leveraging data to reduce search costs and verification costs. This involved an inherent trade-off as market participants — particularly consumers — needed to surrender their data to the platform to benefit from these market efficiencies. 
    • This surrender of data and attendant lock-in increased the risks of privacy invasion, loss of agency through over-dependance, and unilateral censorship as centralized platforms could change their policies at will.
  • With protocols, property rights go back to the creator and identity goes back to the consumer.



1 comment:

  1. I wanna say thanks to DARK WEB for helping me boost my credit score from 420 to 840 excellent. Last year June i wasn't able to afford to pay my house rent due to my low credit score until i met dark web he help me erased all bad reports on my credit line, boost my credit score. I would advise y'all to get in touch with him if you have any issues with your credit score, just text him on his email; DARKWEBONLINEHACKERS@GMAIL.COM or his number (803) 392-1735

    ReplyDelete