I listened to an interesting podcast/discussion the other day that proposed transparency as the answer to the world’s problem. The speaker referenced a professor in America who posed this question in the 1970s, how can a market economy promote peace instead of war. The professor then apparently ran a lot of computer simulations and determined that transparency was the answer.
Funnily enough, governments tend to want to impose full transparency on its citizens while remaining shrouded in secrecy, and citizens tend to make the same demands of their governments (we want governments to operate with transparency, but we don’t want them to trespass our rights by demanding transparency of us).
I wonder if transparency carried out both ways could be the answer. I also wonder what kind of role Web3 could play in working on such solutions.
There certainly are tradeoffs, full Transparency vs no Transparency. Technology will enable packaging up data and sharing it in a controlled way with people whom our social structures deem necessary. In a way and scale not seen before. There are huge opportunities here enabled by Blockchain and Cryptography.
I wont give an oponion on what the right balance is or what data should be shared but if the technology enables a new level of control which we can experiment with then we might find a good model to work with and the right balance to keep Governments happy and People safe and secure.