View the first of the series presented on March 30 from Georgetown University on the Future of Money, Governance and the Law (Click the link)
Then The GBA is planning to continue the series of events on
“The Future of Money, Governance, and Law”
Concluding with a major conference at the end of 2019. We are planning to have the event in a public space on Capitol Hill and invite legislators, regulators and government employees to join us.
- In 2019, 90 GBA chapters around the world (click on “Map” view) will be hosting panel discussions on the Future of Money, Governance & the Law.
- Each GBA Working Group will also be asked to develop a position paper on the future of money, governance and the law from each of the perspective.
- Written summaries of the panel discussions will be collected.
- The panel discussions will be recorded (audio and video). The audio will be released on the GBA Podcast Channel (coming soon). The video will be compiled into a documentary on the future of money, governance and the law. The documentary will be made available to major networks for distribution on conventional media platforms.
- All of this information will be compiled and presented at the annual conference to be held in Washington, DC. We will use virtual reality technologies to allow GBA members from around the world to participate in the event.
- We will also publish The Government Blockchain Association’s Annual Report on the Future of Money, Governance & the Law to be published at the end of 2019.
We will attempt to look decades into the future and ask questions like, if peer-to-peer currencies are adopted in mass, and banks are disintermediated:
- How will governments monitor economic and illegal activities?
- How will governments collect taxes?
- How will nations manage economic policy?
- How will the mass adoption of cryptocurrencies impact the value of reserve currencies?
- How will the mass adoption of cryptocurrency impact governments ability to manage debt?
These are only some of the questions that governments around the world must begin to address. It is possible that a global economic change could sweep the world very quickly? Could government institutions, legal and regulatory frameworks, and systems respond fast enough? What happens if there is a major and sudden paradigm shift in the very nature of money? We need to begin to ask ourselves these questions. And, these questions are not unique to one government or department. Every government entity in the world will be impacted by this issue. We need to address this now.
Details about the 2019 Major Conference will be updated as we draw closer to the event. Here are the major tracks revolving around the future of:
Track 1: Money
- A world without banks
- Money without inflation
- Money without borders
- Money without fractional reserve banking (Hard Money)
Track 2: Governance
Governments use banks and financial institutions to monitor, influence and enforce legal compliance. But, what happens when major sectors of a population engage in peer-to-peer transactions without financial institutions. How can governments perform their functions of maintaining an orderly society when a significant instrument of power erodes or dissolves. We will look at topics including:
- How do governments collect taxes when transactions bypass financial institutions
- Alternative revenue generation methods
- Law enforcement and intelligence officials use financial institutions to identify and arrest criminal activity and national security threats. However, without financial institutions, what tools are available to government including AI and data analytics to use blockchain and cryptocurrency to enforce laws and standards.
- Transparent earmarking/ radical transparency
- Digital, not geographical, citizenship; citizenship without borders
- Implicit voting … (using proxies to determine the sentiment of citizens)
Track 3: The Law
Smart contracts create new situations that may challenge the traditional legal system. Public blockchains and smart contracts respond to software code and algorithms and potentially AI. Judges and legal systems may not have any control over some transactions. Further, the very concept of entities and ownership may change. Our existing legal framework may need to change to prepare for a world where the software as the code is supreme rather than the code written in books. Some topics discussed in this track include:
- What is THE LAW? Tracking the legal code, regulations, and judicial decisions to understand the LAW, now and in time.
- Can the law be expressed as software code
- How will the law treat Sovereign Autonomous Organizations (SAO)
- Digital dignity implemented via MID’s
- Digital sovereign rights, digital property.
- Privacy in a transparent world
- Privacy and identity implemented through personas
- Digital reputation and identity
- Keynote addresses with breakout sessions
- Ample time and events for networking
- Exhibit area for sponsored tables and booths will be available
To join the planning committee, please contact Gerard Dache at gerard.dache@GBAglobal.org
We are seeking several categories of speakers. They include:
- Government executives with experience implementing blockchain programs
- Government legislators with blockchain legislative experience
- Government regulators with experience regulating blockchain based assets
- Government contractors with experience deploying blockchain solutions
- Banking & financial executives with experience managing blockchain based assets
- Legal experts with experience advising clients implementing blockchain solutions
- Economists who have studied the impact of cryptocurrencies on traditional financial systems
- Technologist with an understanding of the array of blockchain technologies
Confirmed speakers will start to be listed on this page in the Spring/Summer of 2019
Agenda and Track Descriptions are expected by August 1
Conference projected date November 1-2, 2019
If you are interested in speaking at the global conference in Washington, DC, please fill out the form below.