Make Blockchain Work (Ch 3): Navigation

One quality that is not an inherent strength at the moment in blockchain technologies is navigability. While transaction records and technical details are usually kept open, finding the exact pieces of information can be tricky, especially in absence of a precise address or keyword. This omission is understandable, because all functionalities need not and should not be put on-chain. For financing and investment purposes, however, this requires an additional layer that makes blockchain works with improved navigation.

Navigability is highly valuable in financing and investment because better navigation leads directly to improved discovery and matching between fundraisers and investors. Assuredly, this is less of an issue if all assets are cryptocurrencies. Once we extend to real-world assets in general, ranging from collectibles to business assets to infrastructure to valuable goods and beyond, each fundraiser has a certain set of target audiences; each investor also has a certain set of investment preferences. The efficiency at which investors on an investment marketplace can identify specific assets that interest them the most largely determines the maximum efficiency achievable. In other words, by improving navigation, we can raise the maximum efficiency that blockchain can deliver in financing and investment.
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This is the exert of a post originally published by us on our Medium channel: https://medium.com/@IdeaFeX/make-blockchain-work-ch-3-navigation-de0e2d969ca9