Trust & Transparency
Channel: Systems Innovation
Date: 2019-02-16

Find the complete course at the Si Network Platform → https://tinyurl.com/bdfkwue3

When you remove the centralized component in these networks you also remove the wall around them that they create which can work to greatly increase transparency across whole networks. By switching to a peer-to-peer model you switch to a model based upon direct feedback loops between peers, to get that dynamic real-time information feedback loop you need transparency; the information has to actually flow directly instead of being mediated. By aligning the interests of the network, you can make transparency possible as people have less of their misaligned incentives to hide from each other. When things are on the blockchain then everyone can go and audit what has happened, this is like finding bugs in open source software where "many eyes make all bugs shallow."

Learn about the Systems Innovation Network on our social media:
→ Twitter: http://bit.ly/2JuNmXX
→ LinkedIn: http://bit.ly/2YCP2U6