physes

3 ms·

1. 1.▲
   by physes 11y ago

   You don't need a government. People can enter into contracts with each other or with agencies and property owners. Pax allows for law and dispute resolution without the need for a nation state.
2. 2.▲
   by physes 11y ago

   Someone else made the point about the funds being held in escrow. In other words, they are locked down programmatically by the contract. You can also define an "else" clause which can define the consequences that will happen in th
3. 3.▲
   by physes 11y ago

   I believe you will be able to incorporate a company, including things like naming members, releasing token representations of stock etc. on the Pax platform. So the actual legal entity will exist autonomously on the blockchain. In this situ