1 comment

[ 3.5 ms ] story [ 10.6 ms ] thread
The headline isn’t a very good summary of the article, or the basic idea expressed therein. The author proposes the use of a tontine, an investment trust arrangement dating back to the 1600’s. A tontine, correctly administered, won’t go bankrupt. A tontine can be implemented using a blockchain.

That’s as far as the article goes is showing how blockchains can prevent pension failures.