New Decentralized Governance Platform Released, Based on Smart Contracts
Expanse announces the release of a proof of concept version of its decentralized governance services platform, Borderless.Tech. Decentralised political system. In the announcement, Borderless.tech was described as a coalition of globally accessible governance services forged out of smart contracts that live on the Expanse blockchain. The founder and lead developer, Christopher Franko, says that Expanse runs on a decentralized application platform designed to allow more efficient mining and enabling dapp developers to create more powerful applications and innovations. Franko says: “You can....
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"The two things to know about smart contracts is that they’re dumb, and they’re not contracts." This statement from Harvard Berkman Center's Patrick Murck seems increasingly relevant in the wake of the collapse of The DAO. The ethereum-based fund was the largest smart contract issued to date, and its failure has led many to reconsider how ready the technology is for primetime. At their core, smart contracts facilitate decentralized applications by eliminating trust points. Because they automate existing processes, many believe smart contracts could someday lower costs across....
“Governance 2.0” platform Bitnation has written the world’s first Decentralized Borderless Voluntary Nation (DBVN) Constitution in 140 lines of code using Ethereum smart contracts. There is one primary reason the BitNation team opted to code its constitution on the Ethereum blockchain over Bitcoin’s: smart contracts. A lot of progress has been made by....
Aesthetic Integration, a London-based fintech that applies “formal verification” to analyze safety and fairness of algorithms in financial markets, recently announced the launch of Imandra Contracts, a solution the company calls the world’s first platform using formal verification for blockchain-backed smart contracts. The announcement was made at the Devcon2 conference as part of International Blockchain Week in Shanghai. Imandra Contracts applies advances in artificial intelligence, mathematics and computer science to bring improved rigor to the electronic financial markets and other....
Etherparty, a platform that removes the complexity and management of creating and executing smart contracts on the Ethereum network, is looking for participants to test the beta phase of the software slated for an August release. Non-developers can now create smart contracts. “When there’s coverage about Ethereum and how it can be used for decentralized voting, identity, governance, applications, or gaming, it’s all really fantastic ideas,” said Lisa Cheng, founder and owner of Vanbex Group, the Vancouver-based professional services firm behind Etherparty. “But when it comes down to it,....
Decentralized governance platform Electronic Government as a Service (eGaaS) has entered its beta testing phase as its ICO progresses. Electronic Governance as a Service Aims to Provide Decentralized Regulatory Communities. Designed as a replacement for traditional governance models, the eGaaS team said in a press release that its platform can “efficiently transfer most types of government” onto a blockchain. The platform reportedly provides this capability through its four basic functions: financial system, registry structure, smart contract algorithm and “smart laws.” According to the....