Let’s get the ball rolling!
News from Applications of Decentralized Trust and Governance to Empower Communities
Updates on our activities and progress.
You are welcome to join us today 11am EDT / 5pm CEST
Contribute to Applications of Decentralized Trust and Governance to Empower Communities to see this Update
Published on September 20, 2022 by Sebastian Klemm
Join us and learn about:
Applications of Decentralized Trust and Governance to Empower Communities:
Examples in Human Rights reporting and Philanthropic Fund Governance
Case examples from Kenya, Syria & Afghanistan
Golda Velez [Cofounder at Whats Cookin Inc, Infra Engineer at 3Box Labs]
14 July 2022 [60min]
👉 Get the Meeting Link by signing up & donating [50% of your donations will go to fund English language books for women in Afghanistan]*
Hear it from Golda Velez:
What is Trust?
It can be defined as the ability to predict an actor's future behavior - will they complete the project? Will they act in good faith, be an effective leader, act in alignment with the expressed goals?
Web3 offers to answer this question with financial incentive layers for non-trusted actors, but when funding a long term project and choosing a lead, most funders want to know something of the actor's reputation. Trust in a lead allows a project to move rapidly, but with enough eyes, it can be revoked just as rapidly if needed.
*Here are the women in Afghanistan, we are working with. They are looking for jobs.
Someone [anonymised here for security] has been teaching a group of 80 girls and young women, and is trying to quietly raise funds to continue.
Here is Mohammed in Syria, running the volunteer group in RaisetheVoices.org to document accounts of human rights violations.
Currently, these are simply entered into our testimony database, but our Open Trust Claims project is intended to create a graph of signed claims.
Reputation is earned, not bought
Peer reviewed tasks and proven results provide an equal playing ground to earn. This information is itself valuable.
Decentralized reputation alone opens up a huge swath of opportunities to replace centralized behemoths in areas from remote work, to purchasing goods, to making donations.
Open Trust Claims
is broadly a concept for linked, signed specific claims or assertions. Specifically, it would be useful for the following use cases:
- Currently, recipients of philanthropy prepare reports for donors documenting their impact. However, these reports are prepared by the administrators of the recipient organization. Often the funds are used for salaries and other non-impactful uses, and the actual impact on the intended population is not always as positive as it could be.
- OpenTrustClaims enable a standard format of self-signed claims by each recipient, attesting to benefits they have received.
- The credibility of recipients is further established by a network of signed or verified claims, including for example github contributions, upwork ratings, ratings of work performed, attendance at events, etc. Having a broad and rich network of small claims is helpful in evaluating credibility of specific assertions.
- Having a DAO or a token-governed benefit corporation be able to receive funds enables those directly involved on the ground to have voting power over the distribution. A system of peer review including reviews of reviews by "anchor" credible individuals provides a way for individuals to earn governance through work over time, rather than giving it to powerful locals.
We are looking forward to welcoming you on 14th July.
image: CC BY-NC-ND 4.0 proofingfuture.eu
Transparent and open finances.
Estimated annual budget