Conduit Executive Summary
Updated Jan 16, 2025
What is Conduit Network?
Conduit Network is a computer network designed with decentralized opinions and a robust rewards program. Conduit Network provides a rich set of semantics and protocols designed to facilitate and foster mutualized economic activity in which all parties involved experience the benefits of the networks success. The design of Conduit Network is based on three key tenets:
- Cost Reduction
- Mutual Benefit
- Decentralization
Cost Reduction
A key tenet of the design of Conduit Network is cost reduction and maximizing the amount of value transferred in an exchange. Many of the protocols of the Conduit Network are rooted in the science of supply chains where standardization of practices and centers of excellence are established, and redundancies are eliminated.
Mutual Benefit
Conduit protocols draw on the incentivization models of supply chains and co-ops where aspects of employee owner and customer owner are evident. All participants of the Conduit Network are owners of the Conduit Network in some capacity, which creates a reality where "a rising tide raises all ships" and the benefit of your competitor ultimately benefits you (and everyone).
Decentralization
Conduit Network sees decentralization as a means to two ends: self-sovereignty and efficiency. In many circumstances, peer-to-peer interaction reduces friction (often materialized in loss of value) and eliminates interference vectors. Decentralization allows the individual to take responsibility for their own property, which ultimately provides liberty. Many Conduit protocols are designed to be "thin services" that promote and facilitate peer-to-peer interaction and allow the individual parties to request and disclose information.
How to get involved
Here is a high-level breakdown of how the current Conduit Network products interact with the Conduit Rewards System. If you would like to find out more about how to purchase our products, please visit our Web 3 Shop or Fiat Shop.
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