Events; News & Events

International: Basic income is present at Blockchaingers Hackathon 2018

Blockchain is a kind of register, or digital ledger, of economic transactions. According to specialists, it is incorruptible since it exists as a distributed network of registers, and hence impossible to hack. Since 2008, the year of its appearance, it has evolved from a single article (by Satoshi Nakamoto) to a global phenomenon. At present, numerous applications have been found and are being researched for Blockchain, so much so that an international meeting of people working with the Blockchain has been set up. And this year that meeting, the Blockchaingers Hackathon, happened in Groningen, in the Netherlands, from the 5th to the 8th of April (some results of the Hackathon can be watched here).

The Blockchaingers Hackathon had already been organized in 2017, at the same location, but this year Hilde Latour, Co-chair of the Universal Basic Income Europe (UBIE), was there to try and plant the seed of basic income in several blockchain working teams. There have already been proposals that merge the blockchain and basic income concepts, such as the one involving artificial intelligence and autonomous assets, presented at the Blockchain Innovation Conference 2017 of Vincent Everts by Jan-Peter Doomernik. The connection of this “crazy thought experiment” with basic income was further explained by Hilde Latour at that same Conference, possible to watch on this short five-minute presentation.

At the Blockchaingers Hackathon 2018 Hilde was interviewed in two occasions, where basic income is generally described, as well as its possible integration with what is called the “machine economy”. In any case, according to Hilde, basic income can be viewed as a transitional solution between the present day monetary economy and a future society where goods and services will be available to all, without the intermediation of money.

 

More information at:

The Blockchaingers Hackathon 2018 website

About Andre Coelho

André Coelho has written 170 articles.

Activist. Engineer. Musician. For the more beautiful world our hearts know it's possible.

Share Button
The views expressed in this Op-Ed piece are solely those of the author and do not necessarily represent the view of Basic Income News or BIEN. BIEN and Basic Income News do not endorse any particular policy, but Basic Income News welcomes discussion from all points of view in its Op-Ed section.

2 comments

  • i couldn’t understand that part “and hence impossible to hack” – what we can find from http://tmrc.mit.edu/hackers-ref.html and http://catb.org/~esr/jargon/html/H/hacker.html , hacking means creating, innovating, and thinking out of the box – so, what is written here in the articale is totally nonsense, since all blockchain technologies are made by creativity and innovation

    • Andre Coelho

      Hi,

      From an internet definition:

      hack1
      hak/Submeter
      verb
      1.
      cut with rough or heavy blows.
      “I watched them hack the branches”
      sinónimos: cut, chop, hew, lop, saw; slash
      “Stuart hacked the padlock off”
      2.
      gain unauthorized access to data in a system or computer.
      “they hacked into the bank’s computer”

      So here the meaning would be more attached to number 2.

      Best regards,

Leave a Reply

Your email address will not be published. Required fields are marked *