Blockchain Revolution

WIELDING TOOLS OF TWENTY-FIRST-CENTURY DEMOCRACY
As a global, distributed, and programmable ledger that is secure, designed for privacy,
and enriched with incentive systems, blockchain technology lends itself to the
development of new democratic tools such as:
Digital Brainstorming: Bringing together policy officials and citizens to have
real-time, moderated, online brainstorming sessions to identify new policy issues or
needs. Consensus is then achieved through one-token, one-vote systems that can help
achieve thoughtful discussion and make it harder for disrupters, trolls, and saboteurs
to cause damage.
Challenges: Online contests with a panel of judges. Think of preblockchain
models like the Goldcorp Challenge (mentioned earlier), the X Prize, or the numerous
innovation challenges conducted by many Western governments. The goal of
challenges is to engage citizens in innovation and the creation of public value.