Meet the company that wants you to do yield farming with your e-bike

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

Meet the company that wants you to do yield farming with your e-bike

Why the Web 3.0 stack needs real-time data

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

lighted city at night aerial photo

Unlocking the Potential of Interoperability

During this hour-long panel Marlene discusses the potential of interoperability with Anil John, Technical Director at the Silicon Valley Innovation Program, Matt Prewitt, President at RadicalxChange Foundation and James Felton Keith, Founder & CEO of the Inclusion Score. This talk was part of the MyData Global 2020 Conference

“The current decentralized identifier system has the potential to enable an ecosystem where the identifiers you choose for yourself – for financial, for social media, for governmental services – that you can take them with you. We’re not there yet. Decentralized identifiers are now locked either to a ledger or the issuance infrastructure that issues it right now. Can you get to a point where a decentralized identifier is something that you truly own and that you can take with you? Yes, that can happen, but a whole lot more work needs to be done.” – Anil John

“I think the idea of collective bargaining about data is a worthy goal. I’m not arguing for this standard or that standard. But I do think that if we have the necessary standards on the technology side and the necessary regulatory support on the other side then we will be able to create a more solicitous data economy.” – Matt Prewitt  

“What if somebody wants to climb Mount Everest?”

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