Xcel Token

Today there are tens of thousands of pilots trying blockchain technology in numerous features of society. The public sector, specifically government, has also shown significant interest in blockchain technology. Currently  governments on all landmasses  except Antarctica are engaged in blockchain pilot projects.  The public sector is responsible for many areas of trust and services so there are a large number of use cases across countries including: the European Union (EU — anti-counterfeiting), Estonia (Digital Government), US (FDA, DHS, HHS, GSA — security, anti-counterfeiting), China (Payments), India (Payments, Land Registry), Switzerland (Identity), Denmark (Voting), Dubai (Digital Government), Georgia (Land Registry), Gibraltar (Stock Exchange), and many more. Some of the spaces in the Public sector that Blockchain can fit in to- 1.      Identity Management/Attestation Blockchain technology provides three special capabili...

To understand blockchain governance, we need to first get a fair idea of what the word governance means, read on to know more. Humans tend to interest each other and build tribes, villages, town, cities, or empires. With that comes societal norms among those who are living with or near each other. These rules have different ways of pending into existence. It doesn’t matter if the governance is the real world or the digital world, there are shared underlying principles within both. These principles are: Rules, Rulers, Participants. Governance can be commenced by a government, market, network, or social system (family, tribe, development team, etc.). For a governance procedure to work successfully, the above three principles will need to play nicely with each other. For example, the rules should be aligned with the overall participants’ goals, and the rulers should enforce positive and negative actions within this governance structure. Now that we have a basic and ...