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The trade group accepts members through a consensus system, meaning that Georgia, which joined in 2000, could block Russia.
THE German consensus system is a bit of a cart-horse, but when coalminers demonstrate, steel titans clash and tax laws are rewritten, it tries to buck up.
The real question, like the one that hovers over Mr Koizumi's financial reforms, is whether he can abandon the traditional consensus system and show leadership.
The "Saltsjöbaden Accord", signed there between unions and employers in 1938, ushered in the consensus system of labour relations that remains a pillar of Sweden's economic model.
Germany's consensus system of governance makes it difficult for any chancellor to impose his or her will, but Ms Merkel seems particularly disinclined.
In essence, it has created "a decentralized virtual currency that uses a peer-to-peer consensus system to confirm and verify transactions," two researchers at the Federal Reserve Bank of St . Louisconcluded in a recent study.
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True, there are a lot of really interesting meta-projects devoted to new kinds of blockchains (and other decentralized consensus systems), and pan-chain efforts such as Cosmos and Polkadot, and second-layer initiatives such as Lightning, and scaling, and privacy, and decentralized storage/chat/identity, and so on and so forth.
In the next few paragraphs, we would like to introduce additional dimensions of evidence, which we believe should be formally considered or addressed in future revised consensus systems, such as the GRADE system, for grading the quality of evidence from research.
I refer of course to Bitcoin, a currency with no central bank, built on a decentralized distributed-consensus system known as the blockchain.
You don't always actually need a central server, especially if you have a distributed-consensus system — like a blockchain — for longer-term data storage and algorithmic coordination.
We used the Sustainability Analysis Process (SAP), a system-oriented tool, which encourages participants to arrive at consensus about system boundaries, define sustainability, and identify measurable indicators for a sustainable system [ 21].
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