Professor Potts (RMIT, Australia) illustrated how a blockchain economy destroys a corporate economy in the same way that a market economy destroyed the feudal economy. New economic infrastructure underpinned by blockchain – a public good – weakens and will outcompete hierarchic governance through lowering the cost of trust. This potentially dismantles the main rationale for regulatory governance of corporate forms.
This live event experienced connectivity issues causing a delay in screen sharing. Due to this the slides can be viewed here: Potts on digital governance