The impact of the blockchains for Human Rights, Democracy, and the Rule of Law” is the title of a new report released by the Information Society Department of the Council of Europe. This report explores the risks and potential benefits of blockchain technology for democracy, human rights and the rule of law. It aims to showcase use cases and flag potential issues, as well as to provide initial recommendations to the Council of Europe for additional research and prospective programming regarding blockchain technologies. The report highlights some of the promising features of blockchain technology and various types of implementation, from cryptocurrencies, to smart contracts, to distributed autonomous organizations (DAOs) and non-fungible tokens (NFTs). It also presents some of the important limitations that may impede fundamental rights.
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By
Robert Williams
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