Example: air traffic controller
Search results with tag "Simple economics of the blockchain"
Some Simple Economics of the Blockchain
www.nber.orgThe paper proceeds as follows: We rst review the literature in Section 1.1. In Section 2, we discuss the e ects of the reduction in the cost of veri cation. Section 3 focuses on the reduction in the cost of bootstrapping and operating a network. Section 4 concludes. 1.1 Literature