People are using the new internet to collaborate and tackle the challenges of these times. Is it another proof that the first female Nobel Prize Winner in Economics, Eleonor Ostrom, was right?
Eleonor Ostrom didn’t believe that the tragedy of the commons was just a fact. She has found in her research that people always have come together and tried to find solutions beyond market and public administration. People self-organize themselves and start to work together for the common good.
Eleonor Ostrom defined 8 design principles for the governance of successful endeavors.
“When Ostrom meets blockchain: exploring the potentials of blockchain for common governance” is a recent research paper. It plots 6 affordances of blockchain technology and checks if and how they can serve the 8 design principles defined by Eleonor Ostrom. You can download it here.
Heads, hands and hearts are needed to co-design the future. Threefold and alike are putting tools in our hands.
There is no reason to believe that bureaucrats and politicians, no matter how well-meaning, are better at solving problems than the people on the spot, who have the strongest incentive to get the solution right. - Elinor Ostrom -
Enjoy your holidays and see you in 2023.
Co-Inpetto Farm contributes to the roll-out of Threefold Grid. A decentralized digital infrastructure is our innovation space to anchor sustainable prosperity.