TELOS: Can it change global economy and social systems?

in #telos6 years ago

Telos and Economic Operating System

Some people call EOS as "Economic Operating System". The EOSIO software (code base) https://eos.io/ , which is used by EOS Mainnet, has been developed by Block.one https://block.one/ . EOSIO is considered "The most powerful Infrastructure" for decentralized applications. EOSIO is a free, open-source blockchain software protocol that provides developers and entrepreneurs with a platform on which to build, deploy and run high-performing decentralized applications (DAPPs). EOSIO has the potential to change Change Current Economic and Business Models.

BP: swedencornet (TELOS/EOS Sweden) https://eossweden.eu/ is confident that EOSIO has the potential to fundamentally change global economy and social systems. It has the potential to empower it’s communities, it’s user base, as well as involved stakeholders. We are deeply committed to contribute towards the growth of the EOSIO ecosystem.

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Telos is using EOSIO software (code base) at it's core. On top it has several additional features to support Enterprise grade applications, well established governance models, and it has a continuous innovation model supported by WPS (Worker Proposal Funds). https://telosfoundation.io/ . You can call Telos a new economic infrastructure for blockchain. Telos provide capabilities that can be be utilized by not only consumer grade applications, but also it welcomes the enterprise world. In alignment with it's governance framework, it also welcomes governments to develop DApps to support public services such as:

  • National Identity Management
  • Land Registration
  • National and Local Voting Systems
  • National and Regional Budget Control Systems
  • Logistics
  • Food & Live Stock Management
  • Allocation of Natural Resources
  • TAX Records

Refer to https://hackernoon.com/blockchain-for-government-41e3b097356d

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Other blockchain infrastructures are complicated and messy, but Telos can help governments and businesses to evolve by integrating blockchain in their digital infrastructure. It can help them to become better, faster, stronger and resilient as a result of that.

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Ref: https://blockchainlion.com/blockchain-and-government/

TBN (Telos Blockchain Network) is opening up for governments to experiment and dive into the blockchain world. TBN can help them to upgrade their processes and systems accordingly if these experiments give back significant improvements in terms of efficiency and lowering costs.

Telo and GRC (Governance, Risks, and Compliance)

As stated Telos has a comprehensive Governance Framework and Arbitration Processes, as discussed further in https://telosfoundation.io/governance

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