English

Collective intelligence and the blockchain: Technology, communities and social experiments

Physics and Society 2021-07-13 v1 Computers and Society General Economics Economics

Abstract

Blockchains are still perceived chiefly as a new technology. But each blockchain is also a community and a social experiment, built around social consensus. Here I discuss three examples showing how collective intelligence can help, threat or capitalize on blockchain-based ecosystems. They concern the immutability of smart contracts, code transparency and new forms of property. The examples show that more research, new norms and, eventually, laws are needed to manage the interaction between collective behaviour and the blockchain technology. Insights from researchers in collective intelligence can help society rise up to the challenge.

Keywords

Cite

@article{arxiv.2107.05527,
  title  = {Collective intelligence and the blockchain: Technology, communities and social experiments},
  author = {Andrea Baronchelli},
  journal= {arXiv preprint arXiv:2107.05527},
  year   = {2021}
}

Comments

Brief "perspective" commentary piece

R2 v1 2026-06-24T04:06:44.762Z