US economist Oliver Hart has become the first Harvard professor to join a crypto startup by taking the role of advisor in blockchain governance company Prysm Group, Forbes reported on Wednesday. The academic will focus on the blockchain-generated smart contracts and their reward program after years of research on the traditional process of deal making, a study that brought him to the Nobel Prize in 2016.
A key aspect in smart contracts is the incentive system as the creation of the deal depends on the achieved consensus. Hart will analyze how verifiable the dat...
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