• How Blockchain Can Enable a Liquid Democracy

    With the authoritarian model gaining strength in the world and President Xi Jinping of China consolidating his power and changing the rules to effectively become “emperor for life, democracy is having a tough time at the moment. Even President Trump praised Xi’s move and joked about doing the same thing in the US. The Democracy Index, developed by the Economist Intelligence Unit (EIU), measures the state of democracy in 167 countries. The 2017 edition of the Democracy Index, showed that 19 countries are a full democracy, 57 countries are a flawed democracy, 39 countries are a hybrid [...]

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    7 Blockchain Benefits for the Finance Industry

    A few days ago, The Merkle ran a story that R3CEV, the largest blockchain consortium of banks and technology firms, admitted that the technology they are developing does not use a blockchain and as such they admitted defeat. A day before that article, R3CEV released a story about when a blockchain is not a blockchain to explain that what the R3 partnership is developing is actually not a blockchain, but an open source distributed ledger technology (Corda). As R3CEV explains in their article, it is “heavily inspired by and captures the benefits of blockchain systems, but with design [...]

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    Blockchain Explained – part 4 – Transactions and Smart Contracts

    Blockchain is rapidly gaining attention from organisations in every industry. However, it is a difficult to understand technology that, if not executed correctly could result in serious harm to your organisation. Therefore, in this series of posts on the blockchain, I explain what the Blockchain is and how it affects your organisation. The first part was a generic introduction to the Blockchain, while the second part focused on different types of blockchains and DApps. The third blog provided insights in several startups that are working hard on developing the required technology as well as [...]

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