Blockchain Is Extremely Valuable. But Why?

Encoding Promises on the Blockchain

“On one occasion Nietzsche argued that what separates humans from animals is the ability to make promises, because this implies both freedom and constancy of character. For Nietzsche, human society depends upon promises. But we are not constant in fulfilling promises — contracts are often broken, whether by negligence, forgetfulness, or plain villainy. Smart contracts are an interesting tool for enforcing promises because they guarantee their own constancy beyond any desire on our part to subvert them; for that reason smart contracts may play an important role in the organization of our social lives.”

- Joshua Broggi PhD, Oxford University

Trust in business is like structural integrity in a building

The Guggenheim Museum in New York designed by Frank Lloyd Wright

“What is needed most in architecture today is the very thing that is most needed in life — Integrity. Just as it is in a human being, so integrity is the deepest quality in a building. Stand up for integrity in your building and you stand for integrity not only in the life of those who did the building but socially a reciprocal relationship is inevitable.”

Frank Lloyd Wright, Eminent American Architect

A bit is a basic unit of information used in computing and digital communications. Multiple bits are represented as bytes. There are eight bits in one byte.

Bits — the ultimate ease of use

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The Transformative Potential of Blockchain

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