Session host: Thomas Zeinzinger
Goal: First: We want to create an understanding that with the emergence of blockchain, decentralized storage protocols and self-sovereign identity systems there is a third option besides private markets and governments to combat the worsening climate crisis. Scalable and resilient Commons structures.
Second: We want to gain insights and opinions from the interested audience and if possible, forge new alliances with participants and deepen the cooperation among the presented human-centric, digital wallet solutions.
The workshop will show attendees how the MyData architecture works using real case studies and leave them with a ‘how-to’ framework to guide their implementations.
Description: The worsening climate crisis shows how little has been done during the last 40 years since Exxon researchers already predicted what will happen to the global temperature if we continue to pollute the atmosphere with CO2 and other greenhouse gases. The private sector was following the typical logic of profit maximization and governments discussed and drafted emission-reduction plans year after year in COP meetings (#25 by now!), resulting in emissions raising from 19.5Gton (1980) to 36.6Gton (2018). So, if we neither can rely on politicians nor on the private sector, the climate cautious public needs to take matters in their own hand.
Luckily this social innovation is supported by the technical development of blockchains, decentralized storage protocols and self-sovereign identity solutions, which allow to scale commons structures on a global level. These technologies allow a human-centric approach to personal data, voting and money. But there are still many hurdles and therefore we want to present and discuss a crucial part in this effort to scale commons structures – digital wallets, which are built to put people in full control. With the EU Clean Energy Package at hand, it is now the time to work on the necessary commons infrastructure to scale the energy transition bottom-up with the efficiency of private companies and within the legal frameworks of governments.