Toward Better Security and Governance With Blockchain
2017 is here. There is tremendous optimism for the future, but there is also reason for tremendous concern. Cybersecurity was one of the biggest stories of 2016. Now everyone is looking for a better solution – and not a moment too soon. With our current Internet-based infrastructure, every database, every server and every asset is vulnerable. This is, in many ways, because the Internet was not built for security – cybersecurity describes protections added to a vulnerable system. And while many digital natives were raised on the understanding that cybersecurity is an integral part of life,....
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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.....
The decentralized properties that make blockchain architecture unique can also be its Achilles heel, demonstrating the importance of bringing network governance on-chain to promote a more inclusive and democratized consensus on network upgrades. Governance Transformation Is the Key To Unlocking Decentralization’s Innovative Potential There are many bitter arguments over blockchains, whether involving how they should be run, the consensus mechanisms, implementing changes, or upgrading the frameworks. These debates have often put network communities at odds, creating schisms that....
Governance tokens allow users the opportunity to take on a more active role in managing decentralized projects. Governance tokens are a type of cryptocurrency that allow tokenholders to vote on the direction of a blockchain project. The primary purpose of governance tokens is to decentralize decision-making and to give holders a say in how the project is run.Governance tokenholders are usually more invested in the project’s success as they stand to gain or lose more, depending on the outcome. Community members can use tokens to influence the direction and features of a blockchain protocol....
Blockchain governance suite Boardroom has announced a $2.2 million funding round led by Standard Crypto, with additional participation from Variant, CoinFund, Framework and Slow Ventures.
Given the important role that charities and not-for-profit organizations play in society, the benefits of blockchain technology have just as much relevance to this sector of the economy as any other. The Charities Aid Foundation (CAF), a U.K.-based organization, has taken a pioneering role in exploring how blockchain technology can improve the governance of charities and not-for-profit organizations. The fact that a U.K. organization would take a leadership role in this area is not surprising, given the fact that the U.K. is one of the few countries to have dedicated governance of this....