Content-type: text/html Downes.ca ~ Stephen's Web ~ First Official EU Ethical Guidelines for Blockchain Systems

Stephen Downes

Knowledge, Learning, Community

We haven't heard a lot on the blockchain front lately but it's still out there (and if you dig deeply enough you see it showing up everywhere). Hence the utility of this new set of ethical guidelines for blockchain systems (53 page PDF). There are five major dimensions: fairness, privacy, security, accountability and social responsibility. There are some good bits here, for example, "blockchain systems' governance power should be distributed to minimize the risk of unintentional concentration of decision power." Also, "designers should consider how tokens incentivise behaviour before any assets get tokenised." A lot of thought has gone into this document and it seems to me to be one of the better bits of writing on ethics and technology.

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Stephen Downes Stephen Downes, Casselman, Canada
stephen@downes.ca

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Last Updated: Dec 07, 2024 10:15 p.m.

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