Blockchain 15: Blockchain & Society

Peer-to-peer networked forms of social organization have always been there from the earliest days, however, previously they have remained the domain of the local and the personal as they do not scale well without supporting communications technology.

Throughout the modern era, formal hierarchical social structures came to replace informal communities as the dominant organizational paradigm. It is only in the past decades that we have seen the emergence of a new form of social structure that reverses this process, the social network. With the advent of blockchain technologies, these forms of distributed organization are presented with an opportunity to sustain more and more areas of social life, establishing themselves as a core pillar of a world where peer-to-peer is the way forward.