Blockchain Revolution

Blockchain Implications: Today, a nascent policy network is emerging. Coin
Center, a not-for-profit policy group in Washington, D.C., focuses on five core
verticals: innovation, consumer protection, privacy, licensing, and AML/KYC (anti–
money laundering/know your customer). The Chamber of Digital Commerce, a trade
organization, focuses on promoting the acceptance and use of digital currencies.
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The
United Kingdom has its own Digital Currency Association, as do Australia and
Canada, that speaks for industry. With the hiring of John Collins, a former senior

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adviser to the U.S. government, Coinbase became the first company to install a
permanent policy advocate.
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Promoting and uniting many strong voices in the policy
arena will ensure that blockchain has a better chance of fulfilling its potential. For
example, we know mining consumes a lot of energy and that climate change is a big
problem. Responsible policy will go a long way toward building a sustainable future,
and government can’t do it alone.
4.
Advocacy Networks
Advocacy networks seek to change the agenda or policies of governments,
corporations, and other institutions. The Internet has lowered the cost of collaboration,
and today the world is witnessing the dramatic rise of increasingly powerful advocacy
networks that are more global, widely distributed, and technologically sophisticated
than anything we’ve seen.