The transparency, security, and decentralized governance demanded by the Ethical Data Alliance vision requires that we select technologies that are equally transparent, secure, and decentralized.
A blockchain is, in the simplest of terms, a time-stamped series of immutable records of data that is managed by a cluster of computers not owned by any single entity. Each of these blocks of data (i.e. block) is secured and bound to each other using cryptographic principles (i.e. chain).
For supply chains where participants are not known or trusted, blockchain technology can add trust, transparency, and traceability. Almost by definition, these supply chains are complex, multi-tiered, involve many parties, and they operate in a regulated environment that demands a higher level of traceability.
Cryptocurrencies and P2P Marketplaces: Cryptocurrencies and decentralized ledgers were created specifically to provide security and resilience against tampering with data.
The first block of the Bitcoin blockchain, mined in January 2009 contains the following sentence: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks”. This is widely understood to mean that the people behind the Satoshi Nakamoto pseudonym wanted to protest against the unethical bailout of large banks with public money. On the Bitcoin network “bailouts” and “emergency new money creation” are not possible.
This same principle can now be applied to more complex marketplaces. We can prove the authenticity and provenance of data, just like the bitcoin network can prove and preserve the authenticity of the balance of coins in a transaction.
The EDEN Nomicon
https://nomicon.edenprotocol.io/Nomicon/
What the nomicon is doing. Who can join in and how. Why and how?
The Pilot
Join the Pilot (form? Or how do we want to describe/handle this?)