@ce_tucker@ccatalini thank you for this brilliant article ,ref. often, especially: at the interface between the offline world and its digital representation, blockchain technology still critically depends on trusted intermediaries<I'm working on new! hbr.org/2018/06/what-blockch…
"Nonetheless, since the value of the tokens depends on a single period of demand, the ability to raise funds is more limited than in traditional equity finance..." Insights from @ccatalini and @joshgans on their top paper! buff.ly/2J8Wuj1
Study by @ce_tucker@ccatalini: last mile problem between digital and physical world. Some comments argue that technology, e.g. retina scanning, can solve the verification problem. But technology alone never solves the incentive problem for truth-telling!
hbr.org/2018/06/what-blockch…
1/2 Great piece by @lesliekjohn: "One issue is that 'informed consent' [...] is something of a charade. Most consumers are either unaware of the personal information they share online or, ..."
"Ask yourself: What parts of my business will become commodified as blockchain gets adopted, and how can I move up the value chain to keep adding value to transactions without being outdated or replaced?" - @ccatalini#MITBetterWorldbit.ly/2usHcyR
What is the "last-mile" problem of the blockchain technology? Check out this article "What Blockchain Can’t Do" by Catherine Tucker and Christian Catalini 👉bit.ly/2lJiqWV