Why work with Indigenous communities?
Mass adoption of distributed ledger technology isn’t going to work from a top down level. It is a disruptive technology, and the average person would prefer not to be disrupted.
As a result, the first adopters won’t be the people who trust the current system. It will be through disenfranchised communities who understand why the current system doesn’t work (and in some cases, how it doesn’t exist at all).
Social impact use cases for blockchain have mostly focused on global issues. Whether it be communities lacking traditional banking infrastructure, or countries where the entire political system is fundamentally corrupt, the emphasis so far has been on how blockchain can be used to replace systems that are universally acknowledged to be broken. This is admirable and necessary, and we support these efforts unreservedly.
Across the board, Canada is consistently ranked as one of the most developed, happiest, well-regarded countries in the world. Despite these designations, Indigenous people, who are the fastest growing demographic in Canada, are still subject to many of the same issues facing disenfranchised people in developing nations.
We believe the fastest route towards mass adoption of blockchain technology in the west isn’t to show how it’s better than the previous infrastructure in the developing world. It’s to show how it’s better than the existing infrastructure we have here.
Creating equity between Indigenous and non-Indigenous Canadians will allow us to demonstrate the inequality of the initial system. We can show North Americans how the increased transparency created by distributed ledger technology can lead to better outcomes for everyone, both socially and economically.