Are you interested in new forms of governance?
Summary of the whitepaper titled Liberland Blockchain Whitepaper, published on the Liberland website.
This is a great preparation to our next interview with Vít Jedlička, the president of Liberland in episode 370 talking about their new governance structure based on blockchain.
Since we are investigating the future of cities, I thought it would be interesting to see how we can utilise the upcoming technologies, like blockchain to improve our governance systems. This whitepaper presents how Liberland operates its government entirely on a public blockchain which aims to ensure transparency and accountability, balancing decentralisation with necessary permissioned access for citizens.
Find the white paper through this link.
Abstract: Liberland is a country founded in 2015 on a terra nullius between Croatia and Serbia, with its founders being enthusiasts of blockchain and liberty. The goal of the Liberland Blockchain is to provide all e-government services to its citizens via a Substrate-based blockchain system, with governance as its first use case. The Liberland Blockchain is designed as a layer 1 public blockchain, governed by the holders of its native tokens, the Liberland Dollar (LLD) and Liberland Merit (LLM). The system also supports Non-Fungible Tokens (NFTs) representing land and other assets and implements a decentralised identity solution. In the future, it will support an online judiciary system, enabling non-smart but self-executing contracts on the blockchain with the judiciary as an oracle. The judiciary will also enable features like account recovery and recourse against fraud and theft.
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You can find the transcript through this link.
What was the most interesting part for you? What questions did arise for you? Let me know on Twitter @WTF4Cities or on the wtf4cities.com website where the shownotes are also available.
I hope this was an interesting episode for you and thanks for tuning in.Episode generated with Descript assistance (affiliate link).
Music by Lesfm from Pixabay
