Saturday, November 10, 2018

Government Network : THE STATE OF GOVERNANCE The first stages of a global collaborative movement.

In the last two hundred years, we experienced a decline in poverty and an enhancement of our overall living conditions. The majority of these improvements are a result of universal education, technological improvements and improved models of governance. However, across borders and through different layers of our respective cultures, not all participants in our global society are affected equally.

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While some of us thrive, our consumption-based economies lead to the destruction of our natural resources and biodiversity. Our fragile debt-based financial systems, aggravated by corruption and bad governance, bring forward economic cycles which involve bubbles and their bursts. A currently relevant example is the hyperinflation striking Venezuela (2018). Many other examples can be given on the symptoms of inadequate governance models lacking focus on the future turning the weaker individuals of our society into victims.

With the slow realisation of said problems, enabled by the advancements of communication technology, a series of small and large revolts have taken place throughout the world. In some instances, they overthrew countries and proved that with the help of modern technology, people are more powerful than any state, religion or political system. It is in these events that the first stages of a global collaborative movement bringing forward change can be recognized, a movement in which the Government Network is taking part. The following are examples of an impressive global collaborative movement:

● 2010 - 2014: “Arab Spring” started in Egypt and spread throughout the region

● 2011 - 2012: “Occupy” started in the United States and spread worldwide

● 2012 - 2012: “May Day” protests across the United States and Asia

● 2013 - 2013: “Gezi Park” regional protests Turkey

● 2014 - 2014: “Umbrella Movement” in Hong Kong

● 2015 - 2018: “Black Lives Matter” in the United States

● 2016 - 2018: “Syrian Refugee Crisis” global support

● 2017 - 2018: “Iranian Uprising” global protests

Coincidently with the advent of political change, the world is experiencing the rise of a new type of currency, namely, virtual-, cryptocurrency. Cryptocurrencies find their origin in 2009, after Satoshi Nakamoto's released his whitepaper on Bitcoin, and with it, the invention of distributed ledger technology. In less than a decade, the technology led to the creation of thousands of projects and applications.

The market capitalization of all cryptocurrencies combined briefly touched $ 800 Billion at the beginning of 2018, countries have taken steps to integrate crypto in their respective legal frameworks and accept their integration into the economy. Cryptocurrencies and the underlying distributed ledger technology play a key role in the Government Network, enabling its formation.

https://thegovernment.network/


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