Blog 2 - Blockchain, corporations and commons business models.
Although there are many type of businesses, including partnerships, cooperatives, and sole proprietors, most large businesses today are corporations. However this hasn't always been so, Prior to the 1800s most businesses were sole proprietors and many operated as cogs in community commons businesses that resembled what is very similar to what we know as cooperatives today. Since then, the world has enjoyed an explosion of wealth and this has been largely driven by the rise of