Blockchain’s governance paradox


Izabella Kaminska at the Financial Times: “Distributed ledger technologies “are starting to look an awful lot like some of the more conventional technical solutions that we have,” says Prof. Vili Lehdonvirta, an associate professor and senior research fellow at the Oxford Internet Institute, at a recent talk he gave at the Alan Turing Institute. At the heart of the issue (as always) is who dictates and enforces the rules of the system if and when things go wrong, according to Lehdonvirta. He echoes a point we’ve long made, namely, that what really matters in these systems is how they... (More >)

Blockchain Ethical Design Framework


Report by Cara LaPointe and Lara Fishbane: “There are dramatic predictions about the potential of blockchain to “revolutionize” everything from worldwide financial markets and the distribution of humanitarian assistance to the very way that we outright recognize human identity for billions of people around the globe. Some dismiss these claims as excessive technology hype by citing flaws in the technology or robustness of incumbent solutions and infrastructure. The reality will likely fall somewhere between these two extremes across multiple sectors. Where initial applications of blockchain were focused on the financial industry, current applications have rapidly expanded to address a... (More >)

Blockchain in Cities


Report by Brooks Rainwater at the National League of Cities: “Public trust in American lawmakers (particularly at the national level), elections and democratic institutions has plummeted in recent years. While there are many contributing factors, the explosion of digital information, digital misinformation and outright abuse has played a major role in this downward trend. To restore confidence in the core tenets of our society, leaders need solutions tailored to an increasingly digital world. Additionally, blockchain presents direct opportunities for cities — voting, real estate, transportation, energy, water management and more. The potential exists for local governments to utilize blockchain... (More >)

To Lose (But your Chains): Using Blockchain To Better Humanity


Key findings of report by Asheem Singh: “Like the internet before it, blockchain has the potential to revolutionise the charity sector. It offers huge but as yet untapped benefits to charities – from ensuring the right recipients receive what they are due, to modernising charitable giving and offering donors real-time visibility of where their funds are being spent and what impact it’s having. Despite the potential benefits, the charity sector is currently behind the curve on blockchain technology. There are currently too few examples of blockchain use in the charity sector. The sector urgently needs to engage with the... (More >)

Governance on the Drug Supply Chain via Gcoin Blockchain


Paper by Jen-Hung Tseng et al in the International Journal of Environmental Research and Public Health: “…blockchain was recently introduced to the public to provide an immutable, consensus based and transparent system in the Fintech field. However, there are ongoing efforts to apply blockchain to other fields where trust and value are essential. In this paper, we suggest Gcoin blockchain as the base of the data flow of drugs to create transparent drug transaction data. Additionally, the regulation model of the drug supply chain could be altered from the inspection and examination only model to the surveillance net model,... (More >)

The GovLab Selected Readings on Blockchain Technologies and the Governance of Extractives


Curation by Andrew Young, Anders Pedersen, and Stefaan G. Verhulst Readings developed together with NRGI, within the context of our joint project on Blockchain technologies and the Governance of Extractives. Thanks to Joyce Zhang and Michelle Winowatan for research support. We need your help! Please share any additional readings on the use of Blockchain Technologies in the Extractives Sector with blockchange@thegovlab.org. Introduction By providing new ways to securely identify individuals and organizations, and record transactions of various types in a distributed manner, blockchain technologies have been heralded as a new tool to address information asymmetries, establish trust and improve... (More >)

Blockchain as a force for good: How this technology could transform the sharing economy


Aaron Fernando at Shareable: “The volatility in the price of cryptocurrencies doesn’t matter to restaurateur Helena Fabiankovic, who started Baba’s Pierogies in Brooklyn with her partner Robert in 2015. Yet she and her business are already positioned to reap the real-world benefits of the technology that underpins these digital currencies — the blockchain — and they will be at the forefront of a sustainable, community-based peer-to-peer energy revolution because of it. So what does a restaurateur have to do with the blockchain and local energy? Fabiankovic is one of the early participants in the Brooklyn Microgrid, a project of... (More >)

Using Blockchain Technology to Create Positive Social Impact


Randall Minas in Healthcare Informatics: “…Healthcare is yet another area where blockchain can make a substantial impact. Blockchain technology could be used to enable the WHO and CDC to better monitor disease outbreaks over time by creating distributed “ledgers” that are both secure and updated hundreds of times per day. Issued in near real-time, these updates would alert healthcare professionals to spikes in local cases almost immediately. Additionally, using blockchain would allow accurate diagnosis and streamline the isolation of clusters of cases as quickly as possible. Providing blocks of real-time disease information—especially in urban areas—would be invaluable. In the... (More >)

Israeli, French Politicians Endorse Blockchain for Governance Transparency


Komfie Manolo at Cryptovest: “Blockchain is moving into the world’s political systems, with several influential political figures in Israel and France recently emerging as new believers in the technology. They are betting on blockchain for more transparent governance and have joined the decentralized platform developed by Coalichain. Among the seven Israeli politicians to endorse the platform are former deputy minister and interior minister Eli Yishay, deputy defense minister Eli Ben-Dan, and HaBait HaYehudi leader Shulamit Mualem-Refaeli. The move for a more accountable democracy has also been supported by Frederic Lefebvre, the founder of French political party Agir. Levi Samama,... (More >)

If, When and How Blockchain Technologies Can Provide Civic Change


By Stefaan G. Verhulst and Andrew Young The hype surrounding the potential of blockchain technologies– the distributed ledger technology (DLT) undergirding cryptocurrencies like Bitcoin – to transform the way industries and sectors operate and exchange records is reaching a fever pitch. Source: Top Trends in the Gartner Hype Cycle for Emerging Technologies, 2017 Governments and civil society have now also joined the quest and are actively exploring the potential of DLTs to create transformative social change. Experiments are underway to leverage blockchain technologies to address major societal challenges – from homelessness in New York City to the Rohyingya crisis... (More >)