Responsibility
Do not put a person, or a title, on a chain because the slide looks modern.
Identity evidence stays off public chains. A token does not create ownership a court will recognise. An agent does not get a budget without a human stop. Historic pages that guessed otherwise stay in the archive, marked as history.
The practical tests
- Can the counterparty challenge the data?
- Who can stop the agent?
- What happens when the oracle is wrong?
- Is a database the better system?
How to read this page
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Illustrative commercial design only. This is not legal, tax, investment, employment or securities advice, and it is not an offer to the public, a solicitation to invest, or a promise of funding, equity or returns. Structures vary by venture and must be drafted for the incorporation jurisdiction by qualified startup, tax and securities counsel. Blockchain Lab does not claim to be a licensed investment manager, broker or bank on the basis of this website.