Insureblocks Blockchain & Smart Contracts In Insurance

Ep.47 – Building effective governance in a blockchain ecosystem – insights from Corda Network

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Sinopsis

Often not considered as “sexy” in the blockchain world, but building effective governance is probably one of the most important tasks in building a resilient blockchain ecosystem. For this podcast we were very privileged to have James Carlyle, Head of Network and Operations at R3.   What is blockchain? Blockchain is a distributed ledger system that makes a fundamental promise which is “what I see, is what you see”. The idea being that although people share a common view, they actually have their own copies of data and that matter for numerous reasons such as the one of control. . It means with a copy of their own data and the promise that what they see is what the other side sees, that they don't need to rely on intermediaries.   What is governance? I always say if you haven't figured out who is in control, it's because you haven't been looking hard enough; there is someone there Governance is about control first and foremost. What had initially attracted James to Ethereum was the idea of an unstoppable wor

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