Cryptic Labs Hire Nobel Laureates For Blockchain Research
their economic advisory team, including Nobel Laureates Dr. Eric Maskin and Dr. Christopher Pissarides. The expertise and innovation both members will bring to the company will facilitate new insight into the economics of tokens and game theory for blockchain-oriented companies.
A Growing Team Of Notable Researchers To Tackle Blockchain Issues
These new Nobel Laureates additions will be working alongside the company’s lead scientist, Dr. Diffle, a known Cryptographer known for achieving a Turing Award in 2015. Together they will clients on issues concerning token economics as well a guide incentive systems needed to promote expansion and overall adoption.
The research company applies a focus on cryptography in addition to the fundamentals of blockchain tech. It aims to function as a promoter, with particular expertise pertainting to blockchain privacy and security. The company collaborates on research projects, client mentorship, and talent acquisition. Cryptic Labs takes pride in an expanding team of notable researchers across Europe and the United States.
Current Blockchain Development Issues
According to CoinJournal, Cryptic Lab’s CHCO, Herman Collins, explained that current obsticles regarding blockchain adoption includes those related to security, scalability, as well as issues associated with economic models. He stated that the research facility alone has established an incredible congregation of expertise in order to tackle these very same issues and aid enterprises in creating their blockchain strategy.
For issues concerning game theory and design, Harvard University’s Dr. Maskin, aims to provide a focus on user incentives and help lead blockchain businesses to better understand issues on a micro level. He also received a Nobel Prize back in 2007 for presenting the foundation of design theory and mechanism.
In contrast, Dr. Pissarides was on-boarded to focus his knowledge in macro trends, specializing in labor market economics, macro policies, as well as structural change and overall growth. The specialist also received a Nobel Prize in 2010 based on his research pertaining to economic market friction. He told CoinJournal that he aims to discover how to improve blockchain use, enhance its security and promote its accessibility alongside a team he believes can achieve those goals.