The internet transformed how we share culture, work together —and even fall in love— but governance has remained unchanged for over 200 years. With the rise of open source software and peer to peer networks, political intermediation is no longer necessary. We are building a protocol with smart contracts that allows decentralized governance for any kind of organization.
They want to fight corruption.
First, Identity:
What differentiates valid elections from surveys is strong identity validation. We are working with pioneering decentralized protocols for identification, so no single corporation (like Facebook) or government (think Estonia) owns your credentials. Only you are in control.
Then, Institutions:
Whether it’s a club, a student center, your football team, a corporation, a workers union or even a big city: these are all institutions. For them to be open and democratic, governance rules and membership must be stated under incorruptible technology. See how the blockchain grants it.
Also, Budgets:
Institutions execute projects: a collection of tasks that require funds and approval. After you join an organization that meets your interests, pitch projects defining tasks and pricing. Funds are securely stored using bitcoin and granted upon approval.
And finally, Delegations:
In the age of connected societies, voting to have representatives for 4 years is absurd. Peer democracies lets you elect among friends and people you trust. Legitimacy must emerge bottom up rather than top down. It’s possible: we’ve seen open source democracy take off.
SOURCE – Democracy Earth, Youtube
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.