Summary of Use Cases for Voting and Real-World Sensing
Internal Governance:
Voting for organizational decisions (funding, investments, partnerships).
Issuing new tokens or deciding on operational expenditures.
Allowing decentralized decision-making through proportionate voting.
Auditing and Verification:
Independent auditors using reputation-based consensus to verify the organization’s asset values.
Auditing financials, contracts, and ownership claims.
Ensuring transparency and trust in real-world organizational activities.
Real-World Sensing and Event Triggering:
Using voting to trigger real-world actions, such as raising capital or minting tokens for secondary offerings.
Implementing escrow mechanisms tied to governance voting to ensure accountability and alignment with project goals.
Maintaining credibility scores based on real-world verification activities and ensuring that organizations are held accountable to stakeholders.
Last updated