Decentralization: A Path to True Democracy?


The article presents an analysis of the impact of centralized and decentralized systems on government administration.


Traditional hierarchical models and modern democracy have a number of drawbacks.


Implementing decentralization in the banking sector, following the example of the IT sphere, could solve existing problems. Blockchain technologies can ensure equality of participants, contract compliance, and freedom of choice.


Decentralization may become the foundation for creating a truly democratic society.



#Decentralization #Blockchain #Democracy

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