Token script


The problem of the internet as we know it

Tim Berners-Lee and the innovators of the world wide web modelled the web primarily on a) the public library model and b) the computer-human interaction model.
a. In the library model, information is freely available, indexed and cross-referenced by a URI. Its incarnation, the URL, is where the data is, and there is no restriction on where you can go.
b. In the computer-human interaction model, two players are having a conversation - the human asks and the machine answers. A computer has limited knowledge, but it can help the user to reach the right computer.
Therefore, the web was built as a giant library where each book is a computer with whom one can have a conversation.
This design has caused a lot of modern inconveniences. A user would one day receive an email on her monthly statement, yet she couldn't recognise a few entries on them. It says "Amazon". Was it about ordering a pair of shoes? She has to copy the order number and look it up in Amazon. The same user might pause as she books two tickets for an opera, switch to her frequent flyer app, copy that number over and paste it into the order to collect the points. She might struggle a bit installing that frequent flyer app at the outset. When she buys on another webshop, she needs to download another app or create another account.
第一次见到如此中立且具象的方式形容 Web 互联网的设计理念:
  1. 按照图书馆的方式设计
  1. 按照人机交互的模型设计

Changes in the business process and in the market

The authors of this paper advocate a method to draw the line between a smart contract and a business process.
  1. A smart contract dictates the transaction rules of tokens, not the utility of the tokens.
  1. A smart contract and business process are integrated through the tokens.