kaal:claim:3406323-001
Decentralized systems lack a central intelligence or leadership hierarchy; instead intelligence is distributed through the system and information enters at the edges, closer to where action occurs and where real time information is generated.
Source quote, verbatim
decentralized systems do not have a central intelligence or leadership system with traditional hierarchies. Instead, the intelligence is spread throughout the system.
From
Wulf A. Kaal, Decentralization - A Primer on the New Economy (2019), I. What is Decentralization?, p. 4
https://ssrn.com/abstract=3406323 · source PDF
Cite as
Wulf A. Kaal, Decentralization - A Primer on the New Economy (2019). SSRN: https://ssrn.com/abstract=3406323
Holds when
Classification
mechanismsupport: asserteddecentralizationinstitutional-design
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