Hello to you all,
I am new in the forum and hope I keep the etiquette. I completed my Master's degree in technology oriented management at the end of the previous year, I am working to make a living and I am also planning to become an entrepreneur. Due to a corona lockdown in my country I was no longer able to work. I used the time at home to think about how the situation could be improved. I worked out a business model for a web service. Unfortunately I could not convince the only person in my circle of friends with the necessary skills to implement it. In contrast to me, this person has a well paid, even in lockdown time consuming job. I was so frustrated that I would have given away the business model just to get it implemented. This circumstance gave me a new idea. Why is it not possible to share innovative ideas openly on the internet? I started to think about it and developed a concept to make sharing ideas incentive compatible. I came across the blockchain technology by chance and was flashed. It was the missing piece and is perfect for storing creators of innovative ideas. With the help of an appropriate community, these innovations can be implemented to create economic incentives for sharing. Innovations have the ability to change markets.
If the way innovations are implemented changes, the entire economy will change over time. It is a bootstrap Approach. In this way, our faulty economy could be transformed without the need for political intervention. The result should be a completely blockchain based economy, but not exclusively based on Smart Contracts. Smart contracts are a great thing, but not always applicable. I hope as many of you as possible read the discussion paper and give me feedback. There is certainly still a lot of work to be done, but only in this way can I find out whether it is worth pursuing the idea further.
Best regards & thank you for your time
