Crypto Utopia? Defining the Greater Good in a Blockchain World

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Cecile Baird and Simon Chan are founding partners of Blockchain For Good (BC4G), a think tank that aims to bring together minds from around the world to explore and debate the development of blockchain, for the greater good of humanity, society, economy and the environment.

In this opinion piece, Baird and Chan argue that we need a duty of care today, for a humanised blockchain future tomorrow.

Blockchain’s public interface, at its most basic, is a string of shared data made up of a series of uniquely ordered alphabetical letters and numbers, timestamped and immutable.

Yet, through this, blockchain can fundamentally change existing organisational structures, not merely as an evolutionary development, but potentially as a transformational technology. While it continues to develop, we need explore the opportunities that blockchain technology can offer and the consequences of not getting it right.

To do this, we believe we should zero in on one area that has not yet received the same level of attention or investment: the human aspect of the blockchain, and how it could underpin the technologies that impact our everyday lives.

Together, we need to identify some guiding principles on how we can shape an underlying duty of care, bringing together great minds in the

Read more ... source: CoinDesk

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