The New Frontiers of Governance

Boardroom Governance Newsletter #17 | Sept 20 2021

@RyanWatkins_ | Research @MessariCrypto

“We reject: kings, presidents, and voting. We believe in: rough consensus and running code.” David Clark, 1992. *Unofficial motto of the Internet Engineering Task Force (IETF)

Just over a dozen years after Bitcoin was first introduced by Satoshi Nakamoto’s white paper in 2008, blockchain technology has evolved from its first and original application (electronic cash) to a number of new categories in an expanding wave of computing and crypto innovation. The growth of cryptocurrencies has been meteoric, with a current market cap of ~$2 trillion, including massive growth in decentralized finance (DeFi).

Blockchain has been hailed as a game changer, and leading tech figures such as Marc Andreessen believe that it will have a transformational impact on society, the same way than personal computers did starting in 1975 and the Internet in 1993.

But one area that has received less mainstream attention is the potential for this technology (referred generic…