kaal:claim:3782192-038

Decentralized money and decentralized contracts have been built, but decentralized business will not work until roughly eight further decentralized institutions that people actually use in business are built.

Source quote, verbatim
Two important tools have been built, decentralized money (Bitcoin) and decentral- ized contracts (Ethereum). But it won't work until eight more decentralized institu- tions are built that people use to do business.
From

Craig Calcaterra, Wulf A. Kaal, Introduction to Decentralization (2021), Future, p. 11
https://ssrn.com/abstract=3782192 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, Introduction to Decentralization (2021). SSRN: https://ssrn.com/abstract=3782192

Holds when
Classification

conditionsupport: assertedfailure: Missing institutional layer for decentralized businessfamily: cold-start-and-bootstrappingtokenomicsinstitutional-designdecentralization

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