Decentralization

Craig James Calcaterra, Metropolitan State University, Minnesota; Wulf Alexander Kaal, University of St. Thomas, Minnesota

Introduction

Part I: What is Decentralization?

Decentralization is Eating (and Saving) the World

Types of Decentralization

Three Basics of Decentralization

Five Stages of Decentralization

Three Key Techniques of Decentralization

Part II: The Brave New World of Decentralization

Commerce Disruptions

Societal Innovations

Leapfrogging

Decentralization beyond High Tech

Decentralization of Large Organizations

When Should I Start Decentralizing?

Can I Choose not to Decentralize?

Decentralization is Iterative

Decentralization Regions to Watch

Part III: Decentralization Neutralizers

Tribe Characteristics

S-Curve of Centralization

Degrees of Decentralization

Grassroots

Democratic Legitimacy of Code

Governance

Infrastructure Requirements

Defending Against Decentralization

Part IV: Unleashing the Power of Decentralization

How to Increase the Degree of Decentralization

Eight Key Transitions

Decentralized Infrastructure Innovation

Decentralized Smart Contract Business

Decentralized Underwriting - Insurance

Decentralized Governance

Decentralized Legal Environment - Distributed Jurisdiction

Part V: How to Make Money in Decentralization

Historical Evidence: Decentralization Removes Profit Margins

Five Factors that Explain Profit Margin Removal Upon Decentralization

How to Reverse the Trend

Nine Counterintuitive Rules for Making Money in Decentralized Systems

Five Factors of Decentralization that Change Commerce

Part VI: Responsible Decentralization

Responsible Decentralization in Society and Commerce

Framework for Responsible Decentralization

The Response Spectrum

Balancing Responsibility and Velocity as Decentralization Grows

Conclusion

Acknowledgments

Appendix A: Disclosures

Appendix B: The Decentralizers

Index