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 which are service-providers and build decentralized platforms. The approach is called Equity-Based Token Distribution (EBTD), and can be thought of as an alternative SAFT. The explanation of this is rather extensive,...
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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 game theory. I’d find it hard to name any other project whose scale of innovation could stand alongside Bitcoin....
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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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The key opportunities and issues of tokenization

Businesses who have real clients and turnover look on in, as ICO startups – with nothing more than a white paper to their name – receive plaudits, and hundreds of millions of dollars. Many people, perhaps a little tardily, decide to make an ICO...
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Blockchain and notaries

Today I saw on my news feed the idea that blockchain could replace public notaries. The suggestion was – who needs notaries, if everything’s already been checked? But it’s not really a correct analogy. For example, let’s say that Alice sells her apartment to...
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Improving the financial affairs of all Mankind

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

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