BLOCK Issue 4
The Block is a bi-annual publication which illuminates the cutting-edge sectors of AI, blockchain, crypto and emerging tech, printed in both English and Chinese and delivered to leading brands across the global industry. View our latest issue of the Block below.
The Block is a bi-annual publication which illuminates the cutting-edge sectors of AI, blockchain, crypto and emerging tech, printed in both English and Chinese and delivered to leading brands across the global industry. View our latest issue of the Block below.
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DELIBERATIVE DEMOCRACY
In the case of deliberative democracy, instead of simply
voting on every decision, deliberation and discussion
are fundamental to reaching specific decisions. In this
respect there are elements of both consensus and
majority rule involved.
In today’s traditional democracy, officials are elected
and come to various decisions about how things are to
be run. With a deliberative democracy, elections and
voting aren’t the only factor. Instead, it includes key
deliberation and discussion about specific topics. Many
of the people affected by certain decisions don’t have a
chance to weigh in on how things affect them. This isn’t
the case with a deliberative democracy. In fact, these
groups of people are actively sought out in order to
include their opinion.
This concept of democracy is used by Bosagora and
represents huge potential for the blockchain and
cryptocurrency industry.
THE BOSAGORA SOLUTION FOR
BLOCKCHAIN DEMOCRACY
Bosagora has introduced the concept of the Congress
Network, a decision-making body of fully-synchronized
node operators. Collaboration that is both inclusive and
effective occurs among various project stakeholders.
With the Congress Network, things like source-code
development and how to utilise marketing resources
can be decided by voting. Bosagora node operators can
join the Congress Network to participate in all decisionmaking
processes and contribute to the entire project.
“ As we progress in the
future, technology could be
the thing that alters the
current democratic regime ”
Blockchain projects, like any other
product, are created to satisfy the
needs of their users. Like with any
product and industry, the market
can always change and projects
need to be adaptable. As evidenced
during various market crashes over
the years, stakeholders feel the
need to express their opinion on
how projects should move forward
32 | #AIBCsummit Issue 4