kaal:claim:3782205-010

Digital information storage makes decentralization newly viable because every participant can hold the authoritative record of the organization's entire history, removing the need for a central authority over the record.

Source quote, verbatim
Digital information storage, which allows each person to be the authoritative holders of the entire organization's history. No centralized authority is needed to be in charge of the record.
From

Craig Calcaterra, Wulf A. Kaal, Eight Institutions for the Evolution of Decentralization (2021), Chapter 9. Eight institutions, p. 2
https://ssrn.com/abstract=3782205 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, Eight Institutions for the Evolution of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782205

Classification

mechanismsupport: asserteddecentralizationblockchain

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