Topic: [2016-02-17]Blockchain and Politics: Australian Party to Use The Tech For Direct (Read 292 times)
February 17, 2016, 08:40:53 AM
Ethereum?
February 17, 2016, 07:56:50 AM
Blockchain and Politics: Australian Party to Use The Tech For Direct Democracy
Australian Flux Party intends to use bitcoin in replacing representative democracy with a digital counterpart to direct democracy, Reuters reported.
The concept behind the proposed policy is to elect six senators, who will not propose anything, and will support or block legislative inititiatives basing on votes from the party’s members. The voting itself will be based on bitcoin-like tokens, which are tradeable and exchangeable within the party environment.
Those tokens may be essentialy used for direct voting, exchanging, or providing to trusted proxies. The Flux representatives then vote for a proposed legislation proportionally to the outcome of direct voting of the party members. The party’s founders believe that, even though ministers are not necessarily experts in their field, the party members may re-assign their votes to those having a proper degree of expertise.
http://forklog.net/australian-dreamers/
Australian Flux Party intends to use bitcoin in replacing representative democracy with a digital counterpart to direct democracy, Reuters reported.
The concept behind the proposed policy is to elect six senators, who will not propose anything, and will support or block legislative inititiatives basing on votes from the party’s members. The voting itself will be based on bitcoin-like tokens, which are tradeable and exchangeable within the party environment.
Those tokens may be essentialy used for direct voting, exchanging, or providing to trusted proxies. The Flux representatives then vote for a proposed legislation proportionally to the outcome of direct voting of the party members. The party’s founders believe that, even though ministers are not necessarily experts in their field, the party members may re-assign their votes to those having a proper degree of expertise.
http://forklog.net/australian-dreamers/
Jump to: