Markets-Driven Governance
Diagrams | Matrices | Thinkers
Put your money where your mouth is.
How can markets improve decentralized decision making that optimizes coordination for growth?
Principles
Futarchy is an exploration into the future of collective decision-making by leveraging crypto rails to build stronger communities.
- Accountability
- Accessibility
- Transparency
- Efficiency
Advantages
- Tamper-proof data builds trust in accountability of data-driven decisions.
- Cryptographic security to protects sensitive data and ensures data integrity and provenance.
- Decentralized data storage, ensures no single entity controls information enhancing trust.
- Immutable transparent audit trails in processes with multiple handover boundaries.
Evolution
Conduct experiments to explore opportunities to make meaningful collective progress.
- Assess areas where central data control poses a risk.
- Identify key business processes that can benefit from enhanced transparency.
- Investigate emerging blockchain applications relevant to your industry.
- How can blockchain add an extra layer of security to confidential data.
- How could blockchain protect against data vulnerabilities to tampering.