blockchain   14726

« earlier    

!! (12/2017) The Evolution Of The Enterprise From Institution To Platform To Protocol In A Tokenised Economy – DATARELLA
An enterprise can be defined as the largest participant of an economic system with an ideology based on – in most cases – private ownership of the means of production and their operation for profit. In the early days, the owners of an enterprise would manage its operations themselves. With the advent of the public corporation, ownership and management were separated from each other: in most cases, the owners did not participate in the management of the company but delegated this to employed executives. With this separation of ownership and management, and a trend towards larger entities with hundreds to thousands, to hundreds of thousands of employees, enterprises had to be structured in a way that would enable a proper management and controlling.

Throughout the history of capitalism, enterprises have been regarded as stand-alone, singular entities, existing because of the product and service portfolios they would offer to the market. Aspects of enterprises’ interdependencies and connections with their environments played a minor role...

The Enterprise As A Platform
Acknowledging external impacts of enterprises and the shift from supply-side to demand-side driven markets mark a clear behavioral change for enterprises: trade unions, environmental regulations, but also purely economic aspects, such as just-in-time production or supply chain optimization, all have led to a new kind of enterprise – evolving from institutional constructs into a platform, acting as hubs mainly responsible for organizing a network of partners making sure a final product will be presented to the customer.

Platforms may offer many positive aspects but they lack all advantages of a decentralized, trustless system, such as a blockchain protocol. Apple, Tencent, Siemens, or other giant platforms are centralistic structures that are successful as long as each platform partner plays along: as soon as one entity in the supply chain fails, the product can’t be delivered on time or with a certain quality. Costs of managing and controlling the platform processes itselves have become immense.

The Enterprise As A Protocol

There is a cure for this sensitivity: if platform enterprises improve themselves further and evolve into protocols, they become resilient against internal as well as external attacks and they can regain what most of today’s companies have continuously lost in the past years: credibility and trust in the eyes of consumers. A protocol can be described as a defined set of rules and regulations that determine how data is transmitted in networks. A blockchain protocol is a decentralized database and ledger that allows all participants of the network to work with the identical, consistent data set at any time.

A protocol enterprise uses blockchain technology to share the database and its additional, external intelligence, such as AI, autonomous machines, VR or AR, to collaboratively manage and control a supply chain process. The system is completely decentralized, featuring automated processes in line with a set of rules and regulations all participants have agreed on – the governance model. A liquid feedback mechanism ensures that all participants have the ability to participate in the network’s opinion making process. Depending on the intended level of openness, either selected third parties or the general public may also join the network. In the first case, a private, permissioned blockchain would allow a pre-defined group of participants to join the network. If everybody should be granted access to the network, a public blockchain would be used.
blockchain  firm  enterprise2.0_star5  natureofthefirm  digitalisierung  martin:politik 
23 hours ago by MicrowebOrg
Twitter
RT : Announcing $1m Contribution from Collinstar Capital and Blockchain Ventures.
TokenSale  Blockchain  ICO  from twitter_favs
23 hours ago by randyhilarski
Coinhive
Mining using javascript
mining  blockchain 
yesterday by ttpro1995

« earlier    

related tags

!fromtwitter  2017  a16z.com  accelerator  ai  altcoin  andreesen_horowitz  app  app_a  app_i  article  audio  authentication  aventi  bcaas  bigdata  bitcoin  bitcoinbitcoinbitcoin  bittorrent  blockchain_apps  book  bookmarks_bar  books  business  c#  casestudies  cello  ceo  channel9  charts  client  coins  comparison  copay  courseware  crypto-wallet  crypto  cryptocurrency  cryptography  cryptokitties  culture  cybersecurity  database  decentralized_web  democracy  dev  digital  digitalisierung  distributed  distributedapps  distribution  doge  download  e-mobility  ebook  economics  economy  ecourse  education  encryption  energy  engineering  enterprise2.0_star5  environment  eos  ether  ethereum  examples  exchange  explanation  extension  faucet  fiat  film  filmmaking  fintech  firm  food  free  gaming  golang  green  guld  hi-order-bits  history  holidaypreparation  how-to  hyperledger  ibm  ico  identity  indie  indy  init  innovation  institution  insurtech  interesting  internet  interview  iot  iote  javascript  js  languages  ledger  library  list  management  mapping  market  martech  martin:politik  measurement  media  michael-nielsen  minimum-viable  mining  mmh  money  multisig  musicwontstop  musique  natureofthefirm  neo  netcritique  network  new-companies  nibble  node.js  node  nodejs  notimenobitcoin  notimenobudget  nsa  opensource  org:bleg  p2p  payment  pdf  pocket  politics  pons  privacy  programme  programming  project  protocol  repository  resource  ruby  science  security  service  sociology  stats  storage  stratis  surveillance  tangle  tcstariat  tech  technology  techtariat  tendances  testnet  tezos  today  tokens  tokensale  tools  trade  trends  trust  trustagent  tutorial  tweetit  tweets  value  video  vr  wallet  wfp  wired  womenintech  world 

Copy this bookmark:



description:


tags: