Industry Leaders Reach Agreement on Blockchain Governance
Prominent leaders in the blockchain space have formed a new group with the aim of promoting blockchain’s use cases, increasing collaboration within the industry and addressing blockchain governance. According to a newly published ten points agreement participants state that despite the blockchain being a decentralized technology: “Like-minded people and groups can self-organize to voice their valuable perspectives, collaborate and solve problems in a bottom-up, multi-stakeholder fashion. Especially as the Internet Provides new means and mechanisms to do so.” The agreement is the result of....
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Governance has long been one of the most-hyped applications for blockchain technology. However, there's often little clarity about what "governance" means in this context. The term is used to encompass applications ranging from secure online voting, to new forms of political governance, to flawed experiments in decentralized investment funds. First, we need to be clear about what we mean by "governance". Most often the term brings to mind political governance. The institutions that, according to a system of rules and laws, make up our various levels of government.....
Executives representing the top-level leadership at a range of blockchain companies and projects have signed a letter calling for a new focus on perceived issues with blockchain governance. Calling themselves the 'Muskoka Group', the 14 executives include leaders building a diverse set of open-source distributed ledgers, as well as the heads of notable for-profit startups. The letter, published today, follows a two-day governance workshop held by authors Don and Alex Tapscott in Muskoka, Canada, one that the organizers said he found participants focusing on the "big picture"....