Voting & Governance

Voting as a Real-World Sensing Apparatus: Reputation-Based Consensus and Governance.

The application of voting in a blockchain-based organization extends far beyond traditional governance. It can act as a mechanism for real-world sensing, allowing blockchain networks to aggregate consensus on real-world conditions and ensure auditing integrity and credibility. By implementing reputation-based consensus systems, organizations can create incentive structures that ensure reliable governance, compliance, and accountability.

Below is a breakdown of how voting can be used in both micro and macro contexts to provide governance and oversight while ensuring the organization’s legitimacy through auditing and real-world sensing.