Interoperability, meaning the API economy, is most efficiently achieved in the long run on decentralized platforms, because negotiations on a level playing field are fairer, resolve quicker, and encourage more business.
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Interoperability, the API economy, is most efficiently achieved, in the long run, on decentralized platforms. Negotiations made on a level playing field are fairer, resolve quicker, and encourage more business.
Craig Calcaterra, Wulf A. Kaal, Future of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782201
Holds when
in the long run
Classification
mechanismsupport: arguedeconomicsdecentralization
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