Facilitate true democracy through blockchain governance3 months, 1 week ago | 0 Replies
For an even handed and a truly democratic form of governance, we conceptualize a decentralized participatory governance that is based on blockchain technology. A decentralized participatory mode of governance is made possible by credible and secure decision making processes and norms, where every decision requires the collective approval of inter connected members rather than a central figure of
authority in order to become a resolution. The mechanism allows every participant of a network to propose and/or independently vote upon a proposal so as to reach a tailored blockchain solution. Open participation, voting rights and distribution of governing tasks according to capability and exerted power rather than fixed roles and power relations seek to maximize the value of company/community by enabling its participants to work together.
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