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Advisor(s)
Abstract(s)
There has been a fundamental change in the genesis of political-economic trust, with the arrival of a
decentralized but structured way to reach consensuses and automatically implementing decisions through
self-executable contracts. Blockchain technology (BT) is a distributed, consensus-based, and secure way
for individuals to make enforceable censorship-resistant quantifiable agreements. Every vote is a transaction, and BT is paving the way for decentralizing politics, defending privacy, and streamlining voting
procedures. It has the potential to provide much more granular governance that hopefully will preserve
freedom and defend democracy. However, especially in an embarrassing post-COVID-19 world, BT’s
centralization can, instead, pave the way for citizens’ control, turning cryptographic protocols into an
authoritarian digital corset tightened by some to menace the privacy and freedom of many.
Description
Keywords
Blockchain technology Politics Democracy
Citation
Rodrigues, D. & Lopes, P. S. (2021). Blockchanging politics : opening a trustworthy but hazardous reforming era In D. Rodrigues (Eds.), Political and economic implications of blockchain technology in business and healthcare (Cap. 4, pp. 118-1597). Hershey, PA: IGI Global. doi:10.4018/978-1-7998-7363-1.ch004
Publisher
IGI Global