A way to a BLOCKCHAIN society

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Avatar for ramonoropeza
3 years ago

Every time blockchain has more applications and use cases. There is no doubt the potential of this technology to contribute to solving many of humanity's problems. However, the big headlines about this technology are monopolized by cryptocurrencies.

Large economic groups are not opposed to cryptocurrencies as long as they do not represent an end to their hegemony, the creation of new elites within cryptocurrencies that only want to get rich has also been seen. Cases like the big voting whales on Steemit or the BitcoinCore developer and miner groups are already widely denounced for their greed.

But to build a healthy blockchain society, it is necessary to involve the vast majority of the population. And here cryptocurrencies play a central role, because it is about building a new economy. A new economy where the processes of production, distribution and commercialization are stored in the Blockchain and those involved obtain fair rewards for it.

In an ideal society, in which an entire country is technologically literate and the technological platform is first class, in which everyone has access to this technology. It would be easy to implement or make the necessary transition to a Blockchain society. But if we place, for example, Venezuela a country with a lot of wealth potential but third world, we see that cryptocurrencies are only seen as a reserve value to save themselves from hyperflation and not as a means of payment and blockchain technology is hardly known among the enthusiasts and developers.

For this reason, those who are interested in becoming a Blockchain society must use this technology and its resources to advance towards societies with a high technological index and contribute to the eradication of poverty. This can be achieved through financing initiatives towards education and entrepreneurship in general. Perhaps with a greater emphasis on technology. But it is necessary that this be financed purely with cryptocurrencies. In the case of startups, have as requirements to produce and incentivize the use of cryptocurrencies.

An important step would be for the primary means of production (food, raw materials) to have part of its capital in cryptocurrencies. For example, it would have been very interesting if PDVSA (One of the largest oil companies on the planet and controlled by the Venezuelan government) really received payments in cryptocurrencies (PETROS), since many large industries would have an example of what to do and what not to do. It is really difficult to know the impact that this would have had on the Venezuelan real economy and to see if the petro circulated as a means of payment.

Now imagine that new companies arise in the industrial sector with large capital obtained through cryptocurrencies and only accepting these as a means of payment. It would be a really big boost for a blockchain society. But these types of companies must have a code of ethics beyond profit. Imagine a distributed property company, where capital comes from everywhere and profits are decentralized, or perhaps reach some consensus among the "owners" and establish beneficial, altruistic uses of these profits.

Creating companies whose ownership is decentralized thanks to the blockchain, would be a way to integrate large population groups to this technology and see a new type of economy. Pay salaries in cryptocurrencies or tokens created by the same company, accept payments and pay providers with them because they have the backing of the company.

To achieve this, we have to go through great technology literacy in many countries, since it must be global. Humanity is one and we only have one planet. We can use this type of property to end poverty and enhance economic growth in disadvantaged and corruption-ridden regions.

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This is a good article..liked reading it...you are doing a great job in this platform..keep writing more

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