Blockchain and the sharing community

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With blockchain, software applications can be run on a peer-to- peer network that is not controlled by any single party. These applications can be used to coordinate the activities of a large number of individuals, who can organize themselves without the help of a third party.

[fulltext] =>

Blockchain facilitates the exchange of value in a secure and decentralized manner, without the need for an intermediary.

 

With blockchain, software applications can be run on a peer-to- peer network that is not controlled by any single party. These applications can be used to coordinate the activities of a large number of individuals, who can organize themselves without the help of a third party.

 

Blockchain technology thus facilitates the emergence of new forms of organizations, which are not only dematerialized, but also decentralized. These organizations — which have no director or CEO, or any sort of hierarchical structure — are collectively administered by all the individuals interacting on a blockchain. As such, it is important not to confuse them with the traditional model of “crowd-sourcing,” whereby people contribute to a platform but do not benefit from the success of that platform. Blockchain technologies can support a much more cooperative form of crowd-sourcing — sometimes referred to as “platform cooperativism”— whereby users qualify both as contributors and shareholders of the platforms to which they contribute.

 

With this new opportunity for increased “cooperativism,” we’re moving toward a true sharing or collaborative economy — one that is not controlled by a few large intermediary operators, but that is governed by and for the people.

 

Read the original article.

 

 

 

 

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Read more on LSL World Initiative's blog. 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With blockchain, software applications can be run on a peer-to- peer network that is not controlled by any single party. These applications can be used to coordinate the activities of a large number of individuals, who can organize themselves without the help of a third party.

{K2Splitter}

Blockchain facilitates the exchange of value in a secure and decentralized manner, without the need for an intermediary.

 

With blockchain, software applications can be run on a peer-to- peer network that is not controlled by any single party. These applications can be used to coordinate the activities of a large number of individuals, who can organize themselves without the help of a third party.

 

Blockchain technology thus facilitates the emergence of new forms of organizations, which are not only dematerialized, but also decentralized. These organizations — which have no director or CEO, or any sort of hierarchical structure — are collectively administered by all the individuals interacting on a blockchain. As such, it is important not to confuse them with the traditional model of “crowd-sourcing,” whereby people contribute to a platform but do not benefit from the success of that platform. Blockchain technologies can support a much more cooperative form of crowd-sourcing — sometimes referred to as “platform cooperativism”— whereby users qualify both as contributors and shareholders of the platforms to which they contribute.

 

With this new opportunity for increased “cooperativism,” we’re moving toward a true sharing or collaborative economy — one that is not controlled by a few large intermediary operators, but that is governed by and for the people.

 

Read the original article.

 

 

 

 

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Blockchain facilitates the exchange of value in a secure and decentralized manner, without the need for an intermediary.

 

With blockchain, software applications can be run on a peer-to- peer network that is not controlled by any single party. These applications can be used to coordinate the activities of a large number of individuals, who can organize themselves without the help of a third party.

 

Blockchain technology thus facilitates the emergence of new forms of organizations, which are not only dematerialized, but also decentralized. These organizations — which have no director or CEO, or any sort of hierarchical structure — are collectively administered by all the individuals interacting on a blockchain. As such, it is important not to confuse them with the traditional model of “crowd-sourcing,” whereby people contribute to a platform but do not benefit from the success of that platform. Blockchain technologies can support a much more cooperative form of crowd-sourcing — sometimes referred to as “platform cooperativism”— whereby users qualify both as contributors and shareholders of the platforms to which they contribute.

 

With this new opportunity for increased “cooperativism,” we’re moving toward a true sharing or collaborative economy — one that is not controlled by a few large intermediary operators, but that is governed by and for the people.

 

Read the original article.

 

 

 

 

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