At this meeting of BSGC, we will consider the promises and challenges of a social impact blockchain project based right here in Chicago.
Urban Array is a Decentralized Autonomous Social Enterprise that uses decentralized technologies to give regular people the ability to organize, collaborate and rebuild communities. Their goal is to help communities and groups that government or the 'market' don't adequately reach or serve, by allowing crowd-sourcing of work, resources, capital, rewards that allow people to have ownership within their communities.
Urban Array uses blockchain technology to manage a fair and equitable governance and voting process. They deploy the use of concurrent smart contracts to distribute micro ownership to local stakeholders that contribute skills, time, capital and other resources. Blockchain technology will also allow to to migrate to a completely decentralized and autonomous organization with no central controller that is wholly run and owned by the consensus of the participants.
At BSGC, Urban Array will present the philosophy behind their project and details of their proposed architecture. From there, we will have an open conversation about Urban Array's governance model and its applications for socially transformative organization structures.