The Social Smart Contract.<\/p>\n
Democracy Earth Foundation
\ndemocracy.earth<\/p>\n
Abstract.<\/p>\n
In a world that has succeeded in the globalization of financial assets while keeping political rights enclosed to
\nterritories, we need to build new models of democratic governance that enable humanity to collaborate and address
\npressing global issues. Democracy Earth Foundation is building free, open source software for incorruptible
\nblockchain-based voting within institutions of all sizes, from the most local involving two people to the most global
\ninvolving all of us. Uneven distribution of opportunity around the globe due to the perpetual confrontation between
\nnational governments has led to accelerated climate change, rising inequality, terrorism and forced migrations.
\nDemocracy Earth Foundation considers that the technology stack that includes Bitcoin as programmable money
\nwithout Central Banks, and Ethereum enabling smart contracts without the need of Judiciary Courts, requires a new
\nlayer that signals incorruptible votes beyond the territorial boundaries of Nation-States. This transnational network
\nwill act in accordance with the personal sovereignty of its members and protect their human rights with encryption.
\nIn our Initial Rights Offering we offer a token called vote that will grant participation rights to every human with
\ndecision making as its main function. Our proposal introduces cryptographically induced equality: as long as any
\nperson is able to validate his or her self-sovereign identity, will get a corresponding share of votes equal to the share
\nof every active participant in the network. We define a Proof of Identity process that avoids central authority by
\nintroducing the idea of attention mining that incentivizes participants to strengthen the trust of votes by performing
\nsimple tests aimed at detecting replicants. Finally votes get dripped to valid participants under a Universal Basic
\nIncome mechanism aimed at finding a proper equilibrium in the historical tension between money and politics. We
\nseek nothing less than true democratic governance for the Internet age, one of the foundational building blocks of an
\nachievable global peace and prosperity arising from an arc of technological innovations that will change what it
\nmeans to be human on Earth.<\/p>\n
Read full text:<\/p>\n
https:\/\/github.com\/DemocracyEarth\/paper\/raw\/master\/The%20Social%20Smart%20Contract.pdf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The Social Smart Contract. Democracy Earth Foundation democracy.earth Abstract. In a world that has succeeded in the globalization of financial assets while keeping political rights enclosed to territories, we need to build new models of democratic governance that enable humanity to collaborate and address pressing global issues. Democracy Earth Foundation… Continue reading