blockchain

NUG - the business

With the core implementation down we can turn our attention to the business side of things: the organizational considerations and the business model Organizational considerations Affording a possibly global tracking of asset ownership

Network of Underwriters Guild

This post describes the implementation design of the core function of the Network of Underwriters Guild (NUG); updating assets belonging to the providing party and the receiving party. Procedural overview Underwriter sends { id:

En route to the witnessed ledger

What was the issues we took away from looking at the challenges now again? * individual transactions be private (p) * open to justified scrutiny (o) * encourage transactions (t) * remove speculation (s) * Fees should be

Workflow of the witnessed ledger

What are the key ingredients in the witnessed ledger? Every user has a ledger to themself[1]. Every transaction (involving shared information) will have a “counterpart” (some other user with their own ledger)

Implementing the witnessed ledger

The witnessed ledger does not exist - do not go looking for it! It's merely a product of my imagination so please have that in mind when you continue reading this post! Overview