One of the most important questions that can asked about a new technology is: What is this thing actually good for? A DLT “trust engine” provides two essential elements: rules and records. Understanding these rules and records helps understand the importance and applicability of various forms of DLT in viable business solutions.
We believe that the integrated approach to blockchain-based government systems is the way forward and could give smaller, nimbler sovereign nations like the Crow Tribe a huge advantage over larger governments and economies. More efficient, accessible, and reliable systems in these areas will make a real impact on people’s lives.Read More
Understanding pros and cons of blockchain economic systems is important when a business is deciding which blockchain platform to use to launch an ICO or utility token.
This article discusses the tokenomic structure of blockchain systems. In other words, it compares ways of designing high level economic models of blockchains. In contrast, this article is not about creating a coin for a specific business use. We are focusing on where the rail systems can take us, not what kind of trains to run.
This week IBM announced that it was working with a company called Stronghold to release a new stablecoin – a cryptocurrency designed to have stable value – on the Stellar public blockchain network. A high-profile announcement like this is clearly good news for Stellar, but it could also indicate the start of a meaningful maturation of blockchain that may not be immediately obvious.Read More
The fields of cryptoeconomics and tokenomics are so new that there’s not much consensus on the definitions of terms, or best practices for designing tokens. As a a full-time cryptocurrency economist, I’ll help define these terms and outline token design in line with my work at He3Labs, where we bring the benefits of blockchain to real-world businesses through concepts like tokenomics.Read More