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Internet of Agreements Presentation

Internet of Agreements Presentation

The Internet of Agreements is how we will manage global supply chains, using code to automate compliance and logistics.

Hexayurt Capital

January 24, 2017
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  1. regulation is digital dark matter • There are almost no

    first class representations of regulation in code • There is no API to do customs checks • We ignore regulation because representing it is too hard • Climb that hill: it is time to do this
  2. rootless global nomads • The “blockchain people” typically own a

    single backpack and maybe shoes • We talk “supply chain” but the sheer physicality of the real world is missing • The blockchain is an excellent match for the real world: scarce is scarce
  3. logistics is everything • The entire built environment, your clothes,

    your tools, your food travels • Most finance is, in the final analysis, resolved into physical matter + services • Even digital production still happens in studios: Pinewood is 200 acres
  4. blockchain & supply chain • Goods flow left, money flows

    right • Metadata like insurance hitches a ride • Freight moves on a global robologistics network; bills of lading are still on paper • Is it legal to import bananas to Brazil?
  5. imagine building an accurate map • We have great maps

    of physical space • We have great maps of “ledger space” • We have zero maps of regulatory space • Our self driving cars cannot drive until they know the law: the car must be lawful • The same is true for our robologistics grid
  6. extend the case the rest of the way • NLP

    parses two humans making a deal • Template smart contract / regulator check • Deal is recorded as a smart contract • Payment triggers shipping by robologistics • Each logistical step is recorded on chain • Impact: goods arrive on verbal command
  7. marketplaces or monopolies • Alexa: buy me more printer paper

    • Pre-existing service contract is the template • Amazon owns its own robologistics grid • Is this a natural monopoly, or a competitive bazaar? • Can the blockchain turn monopolies into marketplaces? Much depends on this!
  8. hexayurt.capital • Things get weird even before big AI •

    Our interconnected technological progress produces hybrids with huge vigour • Humans want technology like magic