Blockchain Revolution



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Blockchain Revolution

Blockchain Implications: Diasporas are critical to blockchain’s future. For one,
blockchain makes the process of sending remittances simple and affordable. Far from
being a job killer, blockchain actually creates time and resources for these people to
pursue other wage-earning opportunities or entrepreneurial endeavors. While a few
companies have originated in places such as the Philippines and Kenya, diasporas
must do more to accelerate knowledge, adoption, and acceptance of blockchain


payment methods. Today, the majority of companies targeting the opportunity, such as
Abra and Paycase, are U.S., U.K., Canada, or China based.
10.
Governance Networks
The blockchain governance network will combine all the features and attributes of the
nine other GSN types. Ultimately, a blockchain governance network should strive to
be inclusive and welcome participation from all relevant stakeholder groups. The
network should be a meritocracy, meaning that the community would champion
viable proposals regardless of the rank and status of the proposer. The network should
be transparent, releasing all of its data, documentation, and meeting minutes for
public scrutiny. Finally, decisions should be reached, as much as possible, by
consensus in order to gain legitimacy for the outcomes.

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