[P2P-F] eco-systemic supply chains are on their way

Sun Aug 5 17:19:09 CEST 2018

dear James,

in the context of our study,
https://www.foprop.org/stewarding-material-commons

perhaps this context is precisely what you could offer us ? I am also still
in particular need of a good explanation, for a separate 'explanatory box'
of the 3 thermodynamic laws,

Michel

On Sun, Aug 5, 2018 at 2:31 AM <jbquilligan3 at charter.net> wrote:

> beyond earthquake, Michel
>
> the global political economy of supply chains restructured by blockchain
> will be in full operation when emergency rationing is instituted about
> 2040-2045 due to swelling populations, diminishing levels of arable land,
> water, fossil fuels and rare minerals and the debilitating effects of
> climate change
>
> -----------------------------------------
> From: "Michel Bauwens"
> To: "Alex Pazaitis", "David Ronfeldt", "Sarah Grace Manski", "xavier
> rizos", "Xavier BlaqSwans", "Andrea Fumagalli", "Alex Foti", "jose ramos",
> "p2p-foundation"
> Cc:
> Sent: Saturday August 4 2018 3:27:49AM
> Subject: eco-systemic supply chains are on their way
>
> I hope this can impress some people that are still on the sidelines of
> this major earthquake, to understand the significance of what is occuring
> right now, a fundamental re-ordering of the capitalist economy under new
> models:
>
> first of all, see this article, that shows successfull blockchain trials
> for supply chains,
> <https://which-50.com/commbank-and-logistics-giants-complete-blockchain-trade-from-regional-victoria-to-germany/>
> https://which-50.com/commbank-and-logistics-giants-complete-blockchain-trade-from-regional-victoria-to-germany/?
>
>
> and what it all means in terms of industrial structures see the article
> quoted below,
>
> but in fact, I don't think their analysis goes far enough, because in the
> ethereum networks, corporates are already subsumed to a eco-system
> consisting not just of companies, but of a multitude of other players,
> including lots of single individuals:
>
> QUOTE
>
> Blockchain-Based Corporate V-Networks
>
> <https://wiki.p2pfoundation.net/Blockchain-Based_Corporate_V-Networks#mw-head>
> <https://wiki.p2pfoundation.net/Blockchain-Based_Corporate_V-Networks#p-search>
>
> *= "V-form networks consist of a number of fully independent companies
> that effectively operate as one vertically integrated company through
> blockchain technology".* [1]
> <https://medium.com/cryptoeconomics-australia/outsourcing-vertical-integration-introducing-the-v-form-network-78e1aa93a814>
>
>
> Contents  [hide
> <https://wiki.p2pfoundation.net/Blockchain-Based_Corporate_V-Networks#>]
>
>    - 1 Contextual Citation
>    <https://wiki.p2pfoundation.net/Blockchain-Based_Corporate_V-Networks#Contextual_Citation>
>    - 2 Description
>    <https://wiki.p2pfoundation.net/Blockchain-Based_Corporate_V-Networks#Description>
>    - 3 Example
>    <https://wiki.p2pfoundation.net/Blockchain-Based_Corporate_V-Networks#Example>
>       - 3.1 The IBM and Maersk TradeTech
>       <https://wiki.p2pfoundation.net/Blockchain-Based_Corporate_V-Networks#The_IBM_and_Maersk_TradeTech>
>
> Contextual Citation[edit
> <https://wiki.p2pfoundation.net/index.php?title=Blockchain-Based_Corporate_V-Networks&action=edit&section=1>
> ]
>
> "A blockchain economy will have more, smaller firms linked together by
> protocols. .. It’s worth pointing out that these networks are inherently
> global, and any regulatory questions global as well."
>
> - Chris Berg, Sinclair Davidson and Jason Potts [2]
> <https://medium.com/cryptoeconomics-australia/outsourcing-vertical-integration-introducing-the-v-form-network-78e1aa93a814>
>
>
> Description[edit
> <https://wiki.p2pfoundation.net/index.php?title=Blockchain-Based_Corporate_V-Networks&action=edit&section=2>
> ]
>
> "The Nobel laureate Oliver Williamson distinguishes between U-form
> companies and M-form companies.
>
> Traditional U-form companies are unitary — their units are divided by
> business process (for instance, accounting, human resources, component
> manufacturing, assembly) and are not treated as separate cost centres.
>
> M-form companies are multidivisional — their units are self-contained
> divisions that report profits and losses to an umbrella central body.
> They’re fully owned by a parent company, but they tend to have their own
> business services (accounting and human resources departments, for
> instance) and even market relationships.
>
> But now we see a new corporate form — the V-form network — made possible
> because thanks to the application of distributed ledger technology to
> supply chain problems.
>
> These V-form networks consist of a number of fully independent companies
> that effectively operate as one vertically integrated company through
> blockchain technology, coordinated and supplied by a third party.
>
> This is a big change to the nature of the firm. We can already see V-form
> networks in the real world. They date as far back as January. It is
> surprising the economics community haven’t noticed them yet.
>
> ...
>
>
> Blockchains can work to coordinate supply chains without the need for
> either (traditional) vertical integration or regulation. The vertical
> integration is outsourced to a distributed ledger. The blockchain provides
> the managerial service that coordinates each ‘unit’ (that is, firm) in the
> supply chain.
>
> Regulators in any country can deal any firm in the supply chain as if it
> was a small unit of a larger, global company.
>
> Each firm in the supply chain get the benefits of vertical integration
> through a network rather than a hierarchy.
>
>
> ...
>
>
> In the V-form network, the blockchain’s token establishes the consortium,
> and incentivizes cooperative behaviour.
>
> The token also serves to move rents around the network. In this way, the
> blockchain provides a market mechanism to solve the sort of bargaining
> problems described by another Nobel laureate, Ronald Coase, that may occur
> as the network operates.
>
> Outsourced vertical integration could be applied to many industries that
> are now integrated. Energy firms that currently integrate the exploration,
> production, generation, and retail of electricity might be better
> decomposed, with blockchains and tokens taking the place of head offices.
> The token economy, rather than energy regulators, could make decisions
> about the distribution of rents around the network." (
> <https://medium.com/cryptoeconomics-australia/outsourcing-vertical-integration-introducing-the-v-form-network-78e1aa93a814>
> https://medium.com/cryptoeconomics-australia/outsourcing-vertical-integration-introducing-the-v-form-network-78e1aa93a814
> )
>
>
> Example[edit
> <https://wiki.p2pfoundation.net/index.php?title=Blockchain-Based_Corporate_V-Networks&action=edit&section=3>
> ] The IBM and Maersk TradeTech[edit
> <https://wiki.p2pfoundation.net/index.php?title=Blockchain-Based_Corporate_V-Networks&action=edit&section=4>
> ]
>
> Chris Berg, Sinclair Davidson and Jason Potts:
>
> "Two weeks into 2018, IBM and the shipping giant Maersk announced a joint
> venture to develop a digital supply chain management system on their
> Hyperledger blockchain platform. Hyperledger is a private blockchain which
> requires permission to access.
>
> In a previous Cryptoeconomics piece, we described how international trade
> is an information problem. As goods are shipped around the world, they are
> accompanied by information — really stacks of paperwork — that describe
> their provenance, destinations, regulatory and tax liabilities and so on.
>
> In the IBM-Maersk system, each firm and bureaucracy in the supply chain —
> producers, shippers, port authorities, regulators, importers, retailers —
> will access and update a shared blockchain ledger containing all the
> information needed by each organisation.
>
> And each organisation would have access to that information everywhere,
> ensuring complete visibility on where goods are in the world and which
> economic and regulatory hurdles they next need to overcome." (
> <https://medium.com/cryptoeconomics-australia/outsourcing-vertical-integration-introducing-the-v-form-network-78e1aa93a814>
> https://medium.com/cryptoeconomics-australia/outsourcing-vertical-integration-introducing-the-v-form-network-78e1aa93a814
> )
>
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