This is incredibly interesting. Corporations essentially crowdsourced the way bitcoin is. I disagree that these applications will reside in the cloud however, b

This is incredibly interesting. Corporations essentially crowdsourced the way bitcoin is. I disagree that these applications will reside in the cloud however, because those are essentially provided and administrated by a central entity. It's more likely that such an autonomous corporation would provide a cloud service. The protocol could be designed like bitcoin to reject hosts that don't meet certain criteria (such as latency or security). With Homomorphic encryption techniques being advanced these types of clouds could even be somewhat secure.