Code is law blockchain

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His article makes three main which are erased when you work in tandem to govern.

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Code is Law: Does Anyone Get This Yet?
With the advent of blockchain technology and associated smart contracts, code is assuming an even stronger role in regulating people's interactions over the. �Code is law� refers to a laissez-faire contract theory that acts as an unofficial governing principle within cryptocurrency and other. Blockchains are disintermediated and transnational. They are resilient and resistant to change, and enable people to store nonrepudiable data, pseudonymously.

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The model presented in Figure 4 shows a society in which the code becomes the law that regulates and mediates the relations of all actors involved. The rise of the internet and later Web2 did not bring decentralisation and the ability for societies to influence decision-making in a decentralised way or the emancipation of the society. Similarly, many internet users are yet to realise the power and value of their harnessed data.