Its goal is to study the potential of decentralized economic systems and find real use cases
On February 14, 2019 the Institute of Decentralized Economics (IDE) has started functioning in London – it has been revealed by Cointelegraph crypto news outlet.
IDE is reportedly supported by a global blockchain alliance Sweetbridge. The organization aims to be a think tank that will investigate economic systems based on blockchain technology, and to assess an effect they have on existing institutions. According to IDE’s press release, the institute intends “helping organizations better understand the economics that underlie the blockchain industry.”
Furthermore, IDE will study the potential of decentralized and autonomous systems and search for promising use cases. Also, the institute will investigate stablecoins and means of interaction between policy of the state and technologies of digital economics. Functioning of IDE will be regulated by the IDE Foundation Council.
Sweetbridge will purportedly assist IDE in their research and will attract blockchain industry participants with different experience and expertise – including businessmen, firms, and governmental organizations.
Author: Alena Snezhnaya