Limited Liability Corporations - What Are They?

In the late 18 sixties, you actually needed a charter from a king ah to create such a limited liability corporation. The property of of block chains that really makes this possible is the idea that block ans let you in code things that are immutable. R id unlocked all f this innovation, because all of a sudden now people could poll capital together. Now things like the railroads became possible. And these very, very complex things that required lots and lots of humans and lots of lots of capital, all of a sudden became ossible.