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Basically, macroeconomics deals with human behaviour in relation to scarce resources. We simply average the past, define a trend, model it and make predictions. Blockchain will help us bypass the shortcomings of averaging, by tailoring predictions to specific behavioural profile or economic actors. This technology will help us in designing markets with almost 99.5% accuracy.
By Dr Chukwuemeka Ifegwu EkeBasically, macroeconomics deals with human behaviour in relation to scarce resources. We simply average the past, define a trend, model it and make predictions. Blockchain will help us bypass the shortcomings of averaging, by tailoring predictions to specific behavioural profile or economic actors. This technology will help us in designing markets with almost 99.5% accuracy.