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Tokenomics is not Economics – Digital CX -The Digital Transformation Chapter 5


Chapter 5 Some Sources and Quick Review

In Chapter One we established a few things, such as, 

  1. In just a few months, globally, in just about every sector customer loyalty will be up for grabs
  2. Customer experience is the challenge of the recovery
  3. W3 CX solves a few things, and those things start with the network
  4. But not the network we have today It all starts with a smart network

In Chapter Two, we established a few things, such as, 

  1. Smart Networks have things that have a lot of letters in them
  2. Platform=Network of Networks 
  3. Successful Platforms= Network of Networks with a Place and a Purpose
  4. If a network has a purpose and a place, you can add value to your network. 
  5. Add value to your network and it becomes a platform. 
  6. Adding value generally happens when a workflow (use case), is matched to a network. 

In Chapter Three, we established a few things, such as, 

  1. First, it is the miners, who set up the network 
  2. Miners extract economic rents for the lifetime of the platform
  3. In the first Use Case, Local guest service providers are paid in advance 
  4. In the first Use Case Local artists, local restaurant owners, local tour guides, hunting guides, and other local service providers fulfill guest requirements in App, paid in real-time, all networked on an IoT backbone.

In Chapter four we established a few things, such as, 

  1. Successful Platforms= Network of Networks with a Place and a Purpose
  2. Platform businesses scale in a manner that is very different from traditional business models, Platform businesses scale without commensurate effort and costs involved from the platform business itself. 
  3. Things are getting connected everywhere
  4. every connected thing is becoming intelligent
  5. The means of production are no longer just with the pipeline companies 

I will use the use cases mentioned in chapter one to illustrate this process namely –

Restaurants with long lines

Stores that for no apparent reason are just closed

Service providers that are overworked and less patent

Booking a room on the road with pets, or children is frustrating

Where can we eat? Road food at McD’s again

Rental cars are in short supply, events are not organized, and you may need to make multiple reservations, on multiple platforms, and then keep track of which member rewards card this trip is on. 

For a mother of four, this is comparable to calculating the exact trajectory of a golf ball traveling from here to the moon. And if you need to change things, well that brings the trip pretty much to a halt. And all of that is acceptable. 

In chapter 5 we covered this – For the most part, the Echo Tours and Travel on Indexic answer all of the issues and some very tidally at near zero marginal cost.

You book a travel experience and your experience is supported in the app. Changes are handeld in app. Campus travel is included in the flat fee of 30 dollars per person per day. These campuses are not that large. Some services need deliveries, bakery goods for instance. These provide excess unused capacity for add-hock transportation, which could be autonomous.

Bonus – and what if someone wanted pizza delivery at the top of Sherman’s pass? 

Next up 

Chapter 6 

Buying a car has become an adversarial process, with the dealerships vs car buyers. 

Then in chapter 7, The Medical Industry is reeling from a mass exodus of talent. A sobering new survey released by Elsevier Health, called “Clinician of the Future,” reveals a prediction that up to 75% of healthcare workers will be leaving the healthcare profession by 2025. For those of you doing the math, that’s only three short years away.

There are very few bakeries left. There are almost no local stores left selling locally grown and baked goods. Echo Tours Platform has integrated is into all campuses. Covered in Chapter Two

Then in chapter 8 

Home Title Insurance

We can tell you where every single bitcoin fraction is with 100% accuracy, and we can trade millions of dollars worth of Bitcoin for ETH, and we can do it in a few minutes and for 10 bucks or so. Compare this to the title insurance industry. 

Then in chapter 9

The 3 Trillion Dollar Grant writing research system has no one keeping track of negative results. New groups continue to research solutions that have been disproven before an estimated 60% of the time (almost 2 trillion dollars in waste). 

Chapter 10 Wisps and why they were made illegal.

Buying a cell phone from one of the 3 major carriers is a joke. The distributorships fly the badge of the major carriers, but in reality, you are purchasing from a small locally run operation, with very little value added, In the mobile Store in Flagstaff, for instance, it’s okay to insult customers. 

Chapter 11

In just a few months, globally, in just about every industrial sector customer loyalty will be up for grabs. 

Customer experience is the challenge of the recovery. 

Whether it’s more tailored products, greater digital parity with analog services, or faster turnaround, customer expectations of what great customer experience (CX) looks like have shifted significantly. 

Chapter 12 

The Solov Residual and why Tokenomics is not economics – Flashback to Crypto Kitties

Some Sources 

Wireless Mesh Networking: An IoT-Oriented Perspective Survey on Relevant Technologies

Internet of Things (IoT) Lab, Department of Engineering and Architecture, University of Parma, Parco Area delle Scienze 181/A, 43124 Parma, Italy

*Author to whom correspondence should be addressed.

Future Internet 2019, 11(4), 99; https://doi.org/10.3390/fi11040099

Received: 7 February 2019 / Revised: 30 March 2019 / Accepted: 10 April 2019 / Published: 17 April 2019

https://www.mdpi.com/1999-5903/11/4/99


Network Security Approaches in Distributed Environment

Keshav Sinha (Birla Institute of Technology, India), Partha Paul (Birla Institute of Technology, India), and Amritanjali (Birla Institute of Technology, India)

Source Title: Research Anthology on Artificial Intelligence Applications in Security

Copyright: © 2021 

https://www.igi-global.com/chapter/network-security-approaches-in-distributed-environment/270652

Monrat, Ahmed Afif & Schelén, Olov & Andersson, Karl. (2019). 

Survey of Blockchain from the Perspectives of Applications, Challenges, and Opportunities. IEEE Access. PP. 1-1. 10.1109/ACCESS.2019.2936094. Blockchain is the underlying technology of several digital cryptocurrencies. 

Blockchain is a chain of blocks that store information with digital signatures in a decentralized and distributed network. The features of blockchain, including decentralization, immutability, transparency, and auditability, make transactions more secure and tamper-proof. Apart from cryptocurrency, blockchain technology can be used in financial and social services, risk management, healthcare facilities, and so on. 

Many research studies focus on the opportunity that blockchain provides in various application domains. This paper presents a comparative study of the tradeoffs of blockchain and also explains the taxonomy and architecture of blockchain, provides a comparison among different consensus mechanisms, and discusses challenges, including scalability, privacy, interoperability, energy consumption, and regulatory issues. In addition, this paper also notes the future scope of blockchain technology.

https://www.pwc.com/us/en/tech-effect/emerging-tech/metaverse-survey.html

https://events.reutersevents.com/customer-service/customer-service-san-diego/brochure-thank-you

https://86e7f6db-23e9-4435-bbb0-7f34e646c16a.usrfiles.com/ugd/86e7f6_97afa0175e4e4e4294c64387b6bab94b.pdf

The next generation of clean energy vehicles is here.

https://invest.aptera.us/?utm_source=fb&utm_medium=23850045989230206&utm_campaign=23850045989340206&fbclid=IwAR3aT9dTHRgBqlVEQ0GeDP26vavJ-iSOafdRAszdT-Ey2zkBDyAIhsDfS74

https://michael-noel.medium.com/tokenomics-is-not-economics-426426ea44bc

https://blockchain-consultants.medium.com/

https://blockchain-consultants.medium.com/the-yin-and-yang-of-money-creation-9ff559826cdc

Next, up, Use Cases – second Use Case – Automible Manufactures Direct to Consumer. 

Be sure to follow or subscribe so I can let you know when I publish the next in the series. 

Michael Noel CBP

aka Biz Builder Mike Twitter – @BizBuilderMike Youtube @BlockchainWeekly

 eschew obfuscation, espouse elucidation

Tokenomics is not Economics – Digital CX -The Digital Transformation Chapter 6

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Tokenomics is not Economics – Digital CX -The Digital Transformation Chapter 6

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