The latest news on this front comes from a really interesting article from Crypto Insider by Inbar Preiss:
Democracy has been a pillar of Western civilization since around 500 BC. In its many shapes and forms, democracy has evolved with societies to serve a political structure. As possibly all political theories go, democracy promises greater merit on paper than in practice. Just the element of democratic voting poses some serious challenges. For example, just to name a few, it is hard to predict consequences of the majority vote. Secondly, it can be problematic to decide who is eligible to vote, and whether all votes are of equal weight. Thirdly, it is required that voters are knowledgeable about the topics on which they vote, which is difficult to control. Finally, the issues which require a vote are often more complex than a black and white decision, making it harder for voting to have meaningful input.
The revolutionary development of blockchain technology is a game-changer for many industries, but it also changes the practical possibilities of democracy. Blockchain innovates on the existing democratic framework and facilitates a solution to some of the problems, through the inherent qualities of decentralization, transparency and incorruptibility. Democracy.Earth is an organization which deals with exactly this, offering “free, sovereign and incorruptible governance.”
See the full story here.
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