The Blockchain Phenomenon
A revolution is taking place which offers enormous promise for humanity and for all exchanges that take place between individuals, organizations, institutions and politicians.
A piece of the puzzle.
In a Zoom meeting last night, one participant admitted that he knew nothing about Blockchain. I expect that most of the other 25+ attendees would also admit that their knowledge is likewise limited.
This morning, I found this Investopedia web site and asked the group leader to forward it to the person who wanted to know more about Blockchain.
https://www.investopedia.com/terms/b/blockchain.asp
The title reads:
Blockchain Facts: What Is It, How Does It Work, and How It Can Be Used.
— Learn what these digital public ledgers are capable of.
This article is part of a series about Blockchain. One section of the Blockchain review describes a variety of potential Blockchain applications which reveals the enormous impact it will have in the future.
While Artificial Intelligence receives a lot of public and media attention these days, I believe that the topic of Blockchain Applications deserves as much, and more. They may appear to be separate topics but, in reality, the capabilities of both will merge over time and become integrated in ways that exploit the best of their unique and powerful functionalities. The results will appear seamless to the end user effectively masking the miracles of technology taking place out of sight.
My interest in Blockchain
The potential to recreate and democratize Canada’s governance processes and institutions has captured my imagination.
In Digital Direct Democracy, A Libertarian Antidote to Digital Communism, I envision a digital technology solution in which Blockchain technology plays a central part for its unique capabilities. In brief, Blockchain will provide transaction transparency and security for all human exchanges. This will be especially important for those regulated by governments and central banks. The overall system will enable citizens to OPT OUT or OPT IN for public services based on whether they meet the needs or preferences of the citizen.
Imagine if you could OPT OUT of paying all carbon taxes based on your belief that they serve no valid purpose for you or your family and, as such, are a needless expense.
That small ebook provides a few good examples of the possibilities of Blockchain to serve Canadian democracy. The possibilities are nearly endless if we begin to explore them together.
Will concerned citizens support Digital Direct Democracy?
Many Canadians have joined “freedom groups” across Canada. They meet regularly to discuss ways to slow, stop and reverse institutional overreach that increasingly invades their lives.
Blockchain should be part of the solution to that problem along with the other core ideas outlined in Digital Ditect Democracy.
