Governments of the World Need To Stop Seeing Blockchain As a Technology, And Rebuild Trust in a Digital World
We have a problem just now, in that many governments around the world just see Blockchain, Distributed Ledgers, Tokenisation — call it what you want — as just another series of technology that they have to adopt, and set up mechanisms for their industry to integrate it into new products.
But it’s not, and if governments see it this way, they will fall behind, as it’s the creation of a new trusted world, which where trust integrated into every single part of it, and where the rights to privacy and consent are properly integrated. With the hack of BA, we see a 20th Century world, and where we have ended-up patching together our systems. How can it be that there is the potential to discover the CVV numbers of 100s of thousands of people, and for more than two weeks?
Our new world will embed trust, and create a new machine which spans the world or could encapsulate local communities. It will be one which can properly identify every citizen uniquely, but also respect their privacy in whichever way they want. And smaller nations around the world are moving, and they are moving at scale.
We are now building a new machine that will make the Internet work properly. While blockchain, smart contracts, distributed ledgers…
