Blockchain Revolution

Blockchain Implications: How do we ensure that the incentives are adequate for
distributed mass collaboration, making the technology ready for prime time? We will
likely have an “ICANN moment” for blockchain, where organizations will form to
deliver essential functions. However, whereas ICANN and many other GSN types in
the Internet governance network are distinctly American, blockchain leaders should
push to make these organizations international. Joichi Ito said, “I do think there’s
already a big push to make governance non-American and international from the
beginning because that’s one thing we learned from ICANN, that it’s hard to get out
from under America once you get started as part of America.”
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The Coalition for
Automated Legal Applications (COALA) is a global organization that performs a few
key roles: It disseminates knowledge, influences policy, and advocates for blockchain
technology, and supports the development and deployment of blockchain-based
applications, all critical to overcoming major potential showstoppers.
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3.
Policy Networks
Sometimes networks create government policy, even though they may consist of
nongovernmental players. Policy networks support policy development or create an
alternative for policy, whether governments support them or not. The goal of policy
networks is not to wrest control of the policy-making process from governments.
Instead, their goal is to turn decision making from the traditional hierarchical
broadcast model to one of consultation and collaboration.