Is Blockchain Really the Future of Democracy?

  • Blockchain has been touted as everything from the future of finance to the cure to poverty and the only way to secure land registries.
  • They paint a Utopian vision of people voting on smartphones on route to work and having their say in daily government decisions and on land registry matters.
  • She said Smerkis is helping to drag cryptocurrencies into the light and is determined to create a regulated environment for cryptocurrencies, adding that he wanted to speak with me about “how blockchain has the power to forge the democratic future that we have all dreamed of, but fallen short of…
  • The technology behind blockchain is completely clean, and governments want to use it because of that very transparency.
  • We can have a say on every major decision, through the blockchain, and force the government to actually do what the majority of people want.

Blockchain has been touted as everything from the future of finance to the cure to poverty and the only way to secure land registries. Now it is b…

Blockchain has been touted as everything from the future of finance to the cure to poverty and the only way to secure land registries. Now it is being pushed as the future of the very democratic process, but can it really work this way?

Optimistic sources claim that we can all switch to blockchain voting. They say it is impregnable, secure, anonymous and instant. They paint a Utopian vision of people voting on smartphones on route to work and having their say in daily government decisions and on land registry matters.

Bitcoin has been mired in controversy since it launched in 2009. It has been connected to the Dark Web, Silkroad and all manner of illegal activity. China banned all cryptocurrency exchanges and cryptocurrencies are on shaky legal ground pretty much everywhere.

She said Smerkis is helping to drag cryptocurrencies into the light and is determined to create a regulated environment for cryptocurrencies, adding that he wanted to speak with me about “how blockchain has the power to forge the democratic future that we have all dreamed of, but fallen short of achieving.”

We should not be voting in this day and age by placing a mark on a piece of paper. Today, we have all the right technology at our disposal. We just need to learn how to trust it. We have the means to tie each and every…

Is Blockchain Really the Future of Democracy?