By

Pavel Kravchenko

What’s the problem with blockchain being applied to the real sector?

Even a perfectly tested and ready-to-run system can very often experience essential problems related to the integration of it into the existing infrastructure. We would like to share our own practical case. Back then — two years ago, we’ve learned a very good lesson...
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Even the most trustless system on Earth is about trust between people

What if you’d hear that even the most decentralized, trustless, and far-reaching blockchain-based system, which is Bitcoin today, initially relies on trust relationships between people? In order to get things clear, let’s dream up an unconventional, in the context of Bitcoin, example. Alien invasion...
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Some Thoughts On Equity-Based Token Distribution (EBTD). Part 3-4

Equity-Based Token Distribution. Part 3. “Why utility coins is a scam” or “How to make your kebab stand worth $1B”. Be ready for some math, but, I guess, the $1B reward is worth it 🙂 You have a kebab stand. You sell kebab for...
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Some Thoughts On Equity-Based Token Distribution (EBTD). Part 1-2

I’ve finally developed a mental picture of how tokenization/ICO should work for projects that are involved in building decentralized platforms and, upon that, provide certain services. The approach is called Equity-Based Token Distribution (EBTD) and can be thought of as an alternative to SAFT....
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An economic model for disguising a semi‑decentralized pyramid scam

I’ve always been amazed by the technical side of Bitcoin which combines all the achievements of cryptography, network protocols, consensus mechanisms, decentralized economics and the game theory. I’d find it hard to name any other project the scale of innovation of which could stand...
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The reason to build accounting systems on blockchain

Click to open expanded view (4267 × 1208 px) It’s probably time that we gave a more detailed description of what Distributed Lab does. People often ask us questions like: – Do you develop Stellar forks? – Do you get involved in setting up...
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How tokenization can contribute to the further development of your business

Businesses with real clients and turnover, bring this to your notice:) ICO startups with nothing more than a white paper and their name receive plaudits and hundreds of millions of dollars. Many people, perhaps a little tardily, today decide to make an ICO out...
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Blockchain and the notaries

Today on my news feed I saw a statement that blockchain will replace public notaries. The suggestion was—who needs notaries if everything’s already been checked and verified? That’s a completely wrong analogy. Let’s consider it step by step. Who are notaries? In a general...
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Improving the financial affairs of all Mankind: myths about the blockchain

Here’s an excellent plan for improving the financial affairs of all Mankind. All we need to do is add the word ‘blockchain’ to the name of every company/project/product. The shares will instantly rise by a minimum of 30%, which would certainly make everyone richer…...
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Processes in asset accounting systems

For many years, people used to believe that the Earth consists of an amalgam of four elements—earth, fire, water, and air. It took until nearly 1750 for scientists to prove that fire isn’t an element but a result of a process. Later, in 1869,...
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