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Internet of People Blockchain Project Fermat Adopts Distributed Governance
Source: http://www.i-policy.org/
Source Date: Wednesday, April 19, 2017
Focus: Electronic and Mobile Government, ICT for MDGs, Knowledge Management in Government
Created: Apr 21, 2017

Fermat, a decentralized and blockchain-enabled open source project developing the Internet of People (IoP), has announced a new release of its distributed governance system featuring an embedded voting system inspired by that of privacy-focused cryptocurrency Dash, but featuring community-cancelable contracts.

“Fermat’s graphchain technology enables both a global mapping of everybody with verified proof of how they are related, and also people to people and company to people interactions without going through intermediaries. In order to achieve this as a decentralized open source project we need a sound distributed governance system, one which includes Contribution Contracts,” said Luis Molina, Founder of Fermat.

Fermat’s contribution contracts enable any individual or entity interested in offering their services, whether that is software development, marketing or business development support, to submit a proposal to the community of token holders.

Internet of People Blockchain Project Fermat Adopts Distributed Governance

Fermat, a decentralized and blockchain-enabled open source project developing the Internet of People (IoP), has announced a new release of its distributed governance system featuring an embedded voting system inspired by that of privacy-focused cryptocurrency Dash, but featuring community-cancelable contracts.

“Fermat’s graphchain technology enables both a global mapping of everybody with verified proof of how they are related, and also people to people and company to people interactions without going through intermediaries. In order to achieve this as a decentralized open source project we need a sound distributed governance system, one which includes Contribution Contracts,” said Luis Molina, Founder of Fermat.

Fermat’s contribution contracts enable any individual or entity interested in offering their services, whether that is software development, marketing or business development support, to submit a proposal to the community of token holders.
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