Blockchain Revolution



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Blockchain Revolution

Integrity. To rebuild the public’s trust in political institutions, elected officials
must behave with integrity. Trust must be intrinsic to the system, encoded in every
process, not vested in any single member. Because the blockchain supports radical
transparency, it is becoming central to rebuilding trust between stakeholders and their
representatives. Ongoing transparency is critical to maintaining this relationship.
Power. Everyone has a right to take part in the government, directly or by voting.
Whoever is elected must conduct affairs in the full light of day as a peer among peers.
With the Internet, citizens took more responsibility for their communities, learned
from and influenced elected officials and vice versa. With blockchain, citizens can go
one step further: they can advocate for sealing government action in the public record
in an unalterable and incorruptible ledger. Not just checks and balances among the
powerful few but broad consensus of the many, for example, to effect background
checks on potential gun owners.
Value. Votes must have value. The system must align the incentives of all
stakeholders, be accountable to citizens rather than big money, and invest tax dollars
wisely. The machinery of government must be high performance, better and cheaper
with technology.

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