Blockchain-based smart contracts in digital marketplaces are the technology most likely to extend and lead the decentralization of the relationship between businesses and their counterparties.
Source quote, verbatim
In particular, blockchain-based smart contracts in digital marketplaces are predisposed to extend and lead these decentralization changes.
From
Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, The ‘Unmediated’ and ‘Tech-Driven’ Corporate Governance of Today's Winning Companies (2017), V. Unmediated & Technology-Based Corporate Governance, p. 26 https://ssrn.com/abstract=2922176 · source PDF
Cite as
Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, The ‘Unmediated’ and ‘Tech-Driven’ Corporate Governance of Today's Winning Companies (2017). SSRN: https://ssrn.com/abstract=2922176
Holds when
further accelerated by the sharing economy, the Internet of Things, and artificial intelligence
supported_bykaal:claim:3405401-005 Smart contracts benefit business by simplifying and automating transactions, removing transaction costs, and c...
extended_bykaal:claim:2992962-003 If the jurisdictional means necessary for conflict resolution mechanisms covering Ethereum blockchain based sm...
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