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Follow on Google News | Blockchain-based Decentralized World GovernanceBy: Earth Nation What's governance? A big feature of any federal government has to do with record-keeping. Who is who, what high-end stuff do they own, who are they committed to, what is their annual income, etc. All this recording and storing of information tends to be bogged down by old systems, real human problem, and said individual salaries. It is the perfect job for the blockchain - a widespread, unalterable ledger. Blockchain abilities can be easily developed and continuously upgraded to perform lots of the systems of government at a tiny fraction of the price of modern governance. Visualize your annual fees decreasing and the capability to register your brand-new car from your cellphone - no DMV line! Now imagine being able to show resources across borders without taxes, unrelated documents, or any middle man whatsoever. With blockchain technology, the issue of trust is normally removed from the formula. Smart agreements for example can work on the idea of trustlessness, where neither partner needs to know anything about the other yet they are both easily responsible to one another. This technology is very much indeed in its early stages, yet there's a clear path of where things are headed. Much more updated information is available online regarding these subject matters. But before you go surfing off to some other rabbit-hole, Let me introduce a group I've found that is embracing this technology and utilizing it to help make the world a more equal, lasting, and thriving location to be. It really is called Earth Nation, which is what you may call a decentralized autonomous organization (DAO). They have managed to network lots of communities on many different continents, create at least a couple of their own currencies, and offer both personal and organizational loan programs to encourage prosperity amongst anyone who decides to become involved on a resonant level. Furthermore, Earth Nation shows other organizations how to be decentralized themselves. All of this imagining becomes a whole lot easier to swallow when you can see it already doing its thing. Because of the nature of blockchain technology, it's easy to see how edges become obsolete as time passes. When borders become obsolete, so do militaries. So when militaries become obsolete, so does the rest of taxation. For being paid no matter what you are doing - that's called universal basic income. That is one of Earth Nation's cornerstone philosophies. If you haven't heard of it already or have yet to understand how any such thing could possibly work, then that is one more thing really worth researching. Or if you'd just like to begin, navigate to Earth Nation now http://earthnation.world End
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