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RE: BLOCKCHAIN Democracy is closer than you think..!!
I keep hearing random stuff in the news about governments toying with the notion of using blockchain technology, but haven't seen anything really concrete yet. Would be great if you could post some sources with more information. Blockchain tech has the potential to increase efficiencies and reduce the possibility of corruption, especially in areas such as voting, but I don't expect it to actually replace elected officials anytime soon. Ultimately, there will always have to be humans to oversee things and make the actual decisions, but this could be a wonderful underlying technology to facilitate those decisions.
This was the link I mentioned earlier. Hope this helps. Stephen
http://www.parliament.uk/business/committees/committees-a-z/lords-select/economic-affairs-committee/news-parliament-2015/distributed-ledger-technology-evidence-session/
If you havn't already seen this interview at time 2:55min I talk about the Lords Select Committee I attended. Stephen
Thanks, that was a very interesting video. Isn't it amazing how oddly difficult it is to explain the concept of blockchain to people? It seems to be a slippery concept for most folk to nail down (I thought your explanation in the video was very good by the way). Happily I think Steemit is already proving to be a good tool for introducing blockchain tech to the masses in a way that helps ease them into it.
Totally agree. It won't take long for people to understand BLOCKCHAIN when they see others being paid to post, vote and share. Thanks for the kind comments. Have a great day. Stephen
Thanks for the reply. I attended the Lords Select Committee Meeting for Financial Affairs in the Houses of Parliament in July as a result of the Bank of England proposing that Parliament debate with a view to adopt BLOCKCHAIN. If you havn't seen it let me know and I will dig out a link. I will be speaking to them soon to see whether the Lords have agreed to push this through to the House. Stephen
That sounds quite interesting. I would love to know more details about what exactly that proposal entails, if you could post a link or maybe write a summary of it.