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.
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