I joined Didier Borel on the Swiss Swiss Road To Crypto to talk about Data Unions.
The twist is, that anyone with a Pave bike can rent out their vehicle to anyone who’s got the Pave app installed on their phone. In addition Pave owners are in full control of their driving data which they can monetize on their own terms. This opens up a completely new path towards a true sharing economy. There’s no longer a centralized company renting out bikes, cars or whatever new hybrid vehicle there is, but the owners of the e-bike themselves. Riders take the profit and they are in control of their data … Tech Times
It’s hard to say something original when it comes to criticizing the current state of the centralized web. What seems more important is to get started on building a better, decentralized internet. A new internet where, on the one hand, the power to pull a kill switch is never in the hands of just a few, but also a new internet infrastructure in which one cannot easily get DDoS’d, similar to how it is in the current, rather centralized set-up … Centralization Strikes Again
There are many ways that a token economy can be designed. One popular choice, for example, are bonding curves to reward early adopters. Here an algorithm ultimately determines how a system can evolve. When designing these types of systems, it is advisable not to have too many degrees of freedom, resulting in large, complex systems that make it hard to intervene should problems arise.
That’s why it makes sense to start from a set of first principles. These first principles are the physics of the system, under which everything else within the system is governed. When testing these assumptions, seemingly irrational behavior from Network participants shouldn’t be excluded. As Zargham put it during the video chat, “it takes a lot of energy to climb Mount Everest, but that doesn’t mean people don’t do it.” … Streamr Blog
Today’s most valuable data is locked away in silos. Its producers have most likely never been remunerated for their contributions, nor will they ever be able to reap the benefits that their accumulated data could potentially create. However, there’s a new approach to liberate data from silos and create open data ecosystems … Nordic APIs
In den USA hat der demokratische Politiker und Unternehmer Andrew Yang sein Data Dividend Projekt gestartet. Eine Daten-Dividende soll es ermöglichen, die Profite, welche Tech-Konzerne mit unseren Daten machen, gerecht mit den Erzeugern der Daten zu verteilen. Denn laut Yang gehören die Daten nun mal uns allen und nicht nur den Firmen, die sie speichern… BTC-Echo