chapter  5
4 Pages

Blockchain Is People

WithSean T. Manion, Yaël Bizouati-Kennedy

Blockchain at its root is people. People across a network agreeing to a shared governance of how data in a system will be shared, processed and accessed. People make up the network that utilizes data and its outputs; ideas are the governance protocols that underlies how this data is to be captured, processed, accessed and shared; and things are the tech that makes up the blockchain network. People creating and agreeing to utilize a computer protocol that captures that governance in code and layers of smart contracts. The protocol is the digital representative of the shared or agreed-upon governance. It is the coding that captures the standards and automated processing into the tech. In designing and running a blockchain system, there are experts or representatives that design, host and maintain that system. Bitcoin was designed by a person or persons known as Satoshi Nakamoto.