# Decentralized business

`kaal:entity:decentralized-business`

**Status.** derived

This node is assembled mechanically from the 3 claims that carry the concept tag `decentralized-business`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

3 claims across 2 works, 2018 to 2021.

**2018**

- [3266953-040](https://wulfkaal.github.io/claims/3266953-040) [predictive/argued] -- The combined efficiencies of the DAO model suggest that DAO businesses could overcome collective action problems and outcompete existing internet based businesses such as Uber.
  > The combined efficiencies of DAOs over existing businesses suggest that DAO businesses could effectively overcome collective action problems and outcompete internet-based businesses such as Uber.
  Craig Calcaterra, Wulf A. Kaal, Gopinath Sivalingam, Reputation Protocol for the Internet of Trust - Conceptual Whitepaper (2018). SSRN: https://ssrn.com/abstract=3266953

**2021**

- [3782192-038](https://wulfkaal.github.io/claims/3782192-038) [condition/asserted] *(failure mode)* -- 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.
  > 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.
  Craig Calcaterra, Wulf A. Kaal, Introduction to Decentralization (2021). SSRN: https://ssrn.com/abstract=3782192
- [3782192-039](https://wulfkaal.github.io/claims/3782192-039) [condition/argued] -- Money and contracts are worthless in business with counterparties who cannot be trusted to keep a bargain, so decentralized commerce requires a system in which reputation means something.
  > Money and contracts are worthless in business with barbarians who can't be trusted to keep a bargain. To do business, we need a system where reputation means something.
  Craig Calcaterra, Wulf A. Kaal, Introduction to Decentralization (2021). SSRN: https://ssrn.com/abstract=3782192

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/decentralized-business.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.