Democracy according to Abraham Lincoln, is defined as the government of the people by the people, and for the people. It has been suggested by many scholars as the best form of government. This is because it provides room for accountability of the leaders to the leaders, freedom of expression and so much more.
Many countries have adopted democracy as a system of government because it theoretically provides one of the best governance frameworks.
However, have we been able to achieve the Democratic principles of government of the people, by the people, and for the people?
There are many cases of press censorship, election rigging, human rights violations, misappropriation of public funds, and hate speech bans and these governments who claim to be democratic get away with it.
Before you claim that in your country, public officers' misappropriation of funds is not obtainable for fear of being punished when caught, I want you to understand that one can only be punished if they are caught.
If not for some independent press, and investigators you will never know about misappropriated funds, corruption, or the like. Some public officers are skilled at covering their tracks. That's why some of these independent journalists and investigators are usually murdered when they try to uncover the tracks of corrupt officials.
Democracy preaches freedom, transparency, equality, and accountability but in reality, we are not free. Inequality, Racism, and marginalization are global problems and have contributed to several conflicts in human history. In addition, the government is not fully accountable as it should be, at least, as Democracy preaches that it should be.
What is the solution?
DAO.
DAO is an acronym for Decentralized Autonomous Organization. It is a digital organization that operates through a set of rules encoded into smart contracts on a blockchain network.
A DAO is a true definition and practical application of Democracy. The definition of democracy implies it is a decentralized form of government. That is why it is said to be the government of the people, by the people, and for the people.
The people here are tied to a geographic location based on shared ties like religion, common history, and colonialism. The bottom line is that they agreed to live together as one country. Thus, the government is for them and is run by them. This is why organizations like the United Nations do not interfere in the domestic affairs of member states.
DAO is a decentralized form of organization, meaning that it is not controlled by any single entity, such as a government or corporation. It is run by the members, who use blockchain-based mechanisms to make decisions and allocate resources.
Think of your country as a community. Annually, it has budgets, proposed projects, etc. In some cases, the government who in this case is the community manager or the Team that ensures the smooth running of things in the community receives funds from the World Bank, and other organizations to execute these proposed projects.
In most cases, if not all, you don't get to decide how the funds will be allocated, even if you have expert knowledge of it.
You have to trust your government to do that.
Also, you don't get to decide if a project is worth embarking on. In most cases, the proposed projects are either executed partially or not executed at all. Sometimes, some states are marginalized in the allocation and distribution of funds.
Regardless of what may be the case, DAO provides a sustainable solution to the problem.
-With DAOs, as a citizen of a country, you can vote on proposals and make decisions about the direction and management of the community which is in this case your country.
-Contributing to a passion project is very easy, and reliable and you do not have to worry about the misappropriation of funds. You are part of the decision-makers, that is, you will be part of those who would determine how the funds will be used.
-DAOs run on Smart contracts. It does not need a human to execute agreements. Once the conditions of the agreement are met, it executes the entire agreement, not one or two but all of them.
Doesn't this sound great?
Imagine the ingenuity, inclusion, and progress this would bring about.
Is this possible?
Yes, if we decide to make it possible. Recall that some time ago, we were skeptical about the possibilities of e-voting. Today, we are not.
We can start taking steps to utilize the beautiful solutions that blockchain technology presents.
DAOs are designed to ensure transparency, accountability, and inclusion. Applying it in government will go a long way in protecting succeeding generations from the scourge of wars, conflicts, and the like.
Do you believe this? Let me know in the comment section.
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DAO: the practical application of Democracy
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