Bazaar services
- 3. Software Development Individual coders Strict hierarchy “cathedral” Open-source hackers “bazaar” Clones and forks (Github-style)
- 4. (Rough) Progression of Governance Anarchy Monarchy/Empire/Fiefdoms Plutocracy/Aristocracy Bureaucracy/“Democracy”
- 5. Communication Word-of-Mouth (close to zero) Press/Radio/Television Internet Mobile Mesh?
- 6. Distance sales Back-of-magazine (close to zero) Amazon One Matchmaker, One Merchant eBay/Amazon Marketplace One Matchmaker, Many Merchants … No Matchmakers, Many Merchants
- 7. General Theme Nothing ...strong individual imposes order; progress to... Centralisation ...order enables cooperation; progress towords... Decentralisation Efficient Resilient Scalable ...or natural order?
- 8. “Uberisation” Trade will suffer the same fate
- 9. eBay was a trailblazer eBay: Decentralised marketplace Amazon Marketplace: same Uber: Decentralised taxi TaskRabbit: Decentralised labour AirBnB: Decentralised hostelry
- 10. Matchmaker or Merchant? Merchants is decentralised ...but… Matchmaking still centralised.
- 12. Ethereum Trust as a commodity Provides a strong uncorruptible link between real-world and digital Programmable value “smart contracts”, guaranteed semantics, ... Interoperability ICAP/KYC/AML/decentralised reputation/…
- 13. Enables... “Uber” without Uber, Inc “eBay” without eBay, Inc “AirBnB” without AirBnB, Inc
- 14. “Inclusive, globalised, village bazaar” Bazaar Services