Author: Stavros Koumentakis

I. Preamble “Verba volant, scripta manent” (: “spoken words fly away, written words remain”) Romans used to say.  It is similar to a Greek saying, roughly translating: “when there is something in written, no one can dare question it”.  Both phrases obviously refer to the need (our need) for written proof of what is agreed […]Continue reading

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Ι. Preamble In 1956, American President Eisenhauer announced the US satellite program. Dr Richard Woolley, Astronomer Royal, rather hastily publicly characterized the discussions made at the time about space travel as “utter bilge!”. On 4.10.1957, the Soviet Union launched “Sputnik1”. Could blockchain be “utter bilge”?   ΙΙ. 4IR, DLT & Blockchain We are at the […]Continue reading

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Ι. Preamble “Prisoner’s dilemma”: A standard example of a game analysed in game theory, the study of mathematical models of strategic interaction among rational decision-makers. This dilemma, as well as this theory, probably does not regard everyone. Other dilemmas seem to be more familiar: “Oh but I think I am in trouble, don’t know if […]Continue reading

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