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When we built BigchainDB, we always had in mind a public instance. We knew that along with projects like Ethereum and IPFS, we had a chance to make a major contribution to the dream of a fully decentralized Internet. This talk will discuss the benefits of a public blockchain database, the challenges in building a decentralized organization that is cohesive enough to administer itself without creating a central authority, and the potential for building the decentralized Internet.
Are All Blockchains Public, Greg McMullen: A Public BigchainDB: A Blockchain Database for the Decentralized World Computer.
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The rationale behind this follows: Considering that countries can’t collect sales tax on Web deals at their borders, the only way they can collect it (other than a self-assessment system) is with an online sales tax. Further, it is claimed that organizations in the European Union suffer a significant competitive disadvantage because they have to gather Value Added Tax (BARREL) but others do not.
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