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October 12, 2020 41 mins
In their new book "Redefining the Future of the Economy: Governance Blocks & Economic Architecture," Co-Authors Dawn Talbot & Ralph Benko say the blockchain industry has failed to live up to its promise because it cannot reflect complex decision processes. They propose a mathematical framework for automated decision making meeting fiduciary standards. Without this approach, they warn that the US could become a second-rate technology power dominated either by coders with wild-west mentalities or by China’s investment in blockchain, which they call this generation’s sputnik moment.
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