Post Category → Humanities
Blockchain property deeds and wealth liberation
In his under-appreciated classic “The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else“, Peruvian economist Hernando de Soto argues that the legal structure of property and property rights is a major determinant of the economic success of a country. “Every developed nation in the world at one time went through the transformation from predominantly informal, extralegal ownership to a formal, unified legal property system [and this] allowed people everywhere to leverage property into wealth.”
Trillions of dollars of economic value are trapped in informal assets that cannot, for example, be leveraged to secure loans or otherwise bootstrap wealth creation.
Imagine if you had an inexpensive, fraud-proof way to register and regulate these assets? Could this finally be the breakthrough use of blockchain?
Police Kanban
Why don’t the police use a public Kanban board to show the progress of criminal cases through the system?
Their workrate and priorities could be assessed openly. It would be great for transparency. Victims and journalists and other interested parties could track cases without needing to call the police.
This occurred to me after reading about some dreadful case in Sweden where a child rape victim’s case had not been processed after a year, and her attackers were still roaming about in the community as they all waited for the police to investigate. Journalists were calling the police for updates. The lack of transparency combined with public ignorance about both the scale of certain crimes and polices under resourcing all contributed to the situation.
Making the police workload publicly visible could really help focus resourcing discussions.