Blockchain and Public Institutions: Faith and Hope Through Mathematics
Currency speculation aside – blockchain is a hugely transformative technology uniquely suited to the distributed nature of municipal governments’ day-to-day life. Co-ordinating the activities of inter-governmental agencies at the provincial, state, and federal levels, not-for-profits, community groups, inspectors, and contractors would require significant central overhead to achieve. Plus these groups are frequently fiercely independent, at odds, or even outright suspicious of each other. Far better a decentralized approach, a platform that facilitates co-operation and collaboration without the need to trust a single central authority.