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Centralized mechanical turk solutions are subject to significant shortcomings. Decentralized crypto solutions can optimize the mechanical turk market. Autonomous decentralized protocols for validating domain specific reputation of workers that perform tasks allow micro task workers to stake...
Persistent link: https://www.econbiz.de/10012926759
Internet-based platform businesses outcompete traditional brick and mortar business on nearly all measures of comparison. Similarly, distributed ledger technology (DLT) businesses depend on the internet and show a lot of promise in multiple business verticals. Yet, internet-based platform...
Persistent link: https://www.econbiz.de/10012909448
Chapter 6 underscores the importance of reputation systems for the decentralized economy. Reputation is the proper incentive, instead of money, for motivating the most efficient cooperation and long-term stability in business. Existing Web3 smart contract solutions often incentivize people to...
Persistent link: https://www.econbiz.de/10014031207
Autonomous decentralized validation of domain-specific reputation is a core decentalized infrastructure necessity.The main design goals for measuring domain-specific reputation in autonomous decentralized and anonymous systems are to:1) evaluate domain specific reputation across a wide variety...
Persistent link: https://www.econbiz.de/10014359340