Markets-Driven Governance
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How can markets improve decentralized decision making that optimizes coordination for growth?
Futarchy is an exploration into the future of collective decision-making by leveraging crypto rails to build stronger communities.
Principles
- 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.