Futuracy

How do you get the most out of decentralized coordination?

Futarchy is an exploration into the future of collective decision-making by leveraging crypto rails to build stronger communities based on the ideals of

• 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.

Progress

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.