kaal:claim:3709041-001

Centralized coordination of behavior for the common good risks undermining individual effort, whereas blockchain technology's autonomous and anonymous decentralized coordination of individual action can deliver common good outcomes without suppressing individualism and its welfare enhancing effects.

Source quote, verbatim
While centralized common good coordination of human behavior risks undermining individual effort, blockchain technology's autonomous and anonymous decentralized network coordination of individual human action can help overcome the threat to individualism and its welfare enhancing effects.
From

Kaal, Blockchain Technology for Good (2020), I. Introduction, p. 3
https://ssrn.com/abstract=3709041 · source PDF

Cite as

Kaal, Blockchain Technology for Good (2020). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3709041

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mechanismsupport: argueddecentralizationinstitutional-designblockchain

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