Decentralization

Entrepreneurs as well as seasoned business leaders are struggling to innovate and stay ahead of change in the age of decentralization. What separates the companies that get disrupted from the ones that thrive when faced with decentralization? What tactics can be deployed to decentralize large monolithic organizations? Drawing on their experience as researchers and tech entrepreneurs, Professors Calcaterra and Kaal show how to

• Learn to embrace the change that comes with decentralization

• Evolve technology, communication, and culture as the business encounters decentralization

• Use best practices to maintain profitability in the emerging environments of decentralization across industries

• Combine responsibility with velocity to leverage the advantages of decentralization for the common good

The book examines the core infrastructure elements that are needed before the first genuinely decentralized transaction can happen including a legal environment, underwriting, a truly decentralized blockchain that can overcome the blockchain trilemma (decentralization, scaling, security), and efficient governance of blockchains. Decentralization is essential reading for businesses seeking to win in an increasingly decentralized world where adaptation speed is the competitive advantage that matters most.

Auteur

Craig James Calcaterra, Metropolitan State University, Minnesota; Wulf Alexander Kaal, University of St. Thomas, Minnesota, USA

Contenu

Introduction Part I: What is Decentralization?

Decentralization is Eating (and Saving) the World

Types of Decentralization

Three Basics of Decentralization

Five Stages of Decentralization

Three Key Techniques of Decentralization Part II: The Brave New World of Decentralization

Commerce Disruptions

Societal Innovations

Leapfrogging

Decentralization beyond High Tech

Decentralization of Large Organizations

When Should I Start Decentralizing?

Can I Choose not to Decentralize?

Decentralization is Iterative

Decentralization Regions to Watch Part III: Decentralization Neutralizers

Tribe Characteristics

S-Curve of Centralization

Degrees of Decentralization

Grassroots

Democratic Legitimacy of Code

Governance

Infrastructure Requirements

Defending Against Decentralization Part IV: Unleashing the Power of Decentralization

How to Increase the Degree of Decentralization

Eight Key Transitions

Decentralized Infrastructure Innovation

Decentralized Smart Contract Business

Decentralized Underwriting - Insurance

Decentralized Governance

Decentralized Legal Environment - Distributed Jurisdiction Part V: How to Make Money in Decentralization

Historical Evidence: Decentralization Removes Profit Margins

Five Factors that Explain Profit Margin Removal Upon Decentralization

How to Reverse the Trend

Nine Counterintuitive Rules for Making Money in Decentralized Systems

Five Factors of Decentralization that Change Commerce Part VI: Responsible Decentralization

Responsible Decentralization in Society and Commerce

Framework for Responsible Decentralization

The Response Spectrum

Balancing Responsibility and Velocity as Decentralization Grows Conclusion

Acknowledgments

Appendix A: Disclosures

Appendix B: The Decentralizers

Index