Coalichain (ZUZ)

What is Coalichain

Coalichain is a decentralized-democracy ecosystem, based on blockchain and smart-contracts and fueled by cryptocurrency. It delivers effective, accountable, people-driven governance to any organization or group of people, from DAOs, through companies, NGOs, municipalities, and all the way to primaries and general elections. Coalichain allows representatives to showcase their agenda directly to their voters; make clear and enforceable promises; transparently raise money and more. It also allows anyone to track the performance of elected officials and hold them accountable.

Coalichain is the natural evolution of the Blockchain revolution. Decentralized, secure and transparent it levels the democratic “playing field”, allowing, for the first time in human history, people-driven, clean from external influences and enforceable democracy.

People-driven Governance

Key Features

Key Benefits

Decentralized Political Platform that connects peoples to their Leaders & Governments

Rationale

Coalichain is an environment that will allow direct, contractual relationship between the electorate and the elected. Think of politics, only accountable and transparent. To facilitate transactions in this environment, we need to be able to measure impact. This is a bit vague. Let’s unpack it with an example. Imagine an organization. Let’s call it “OrgX”. OrgX has decided to implement a new governance system – one that is similar to (but better than) a general election in a democracy:

To ensure fair and accountable election/governance, OrgX defined the following:

1. All votes count the same.

2. To be eligible to be a candidate you must demonstrate significant political activity and involvement, e.g., voting, participating in political discourse and other internal interactions that show involvement in the election and governance process.

3. Anyone can support a candidate. However, all support, such as funding, must be transparent and public – to avoid covert influence and conflict of interests.

Pretty cool, no?

How do you execute all that? Item #1 seems fairly easy and common in democratic elections. However, if we think about it, it is strongly related to item #3. If someone can vote and donate a large sum of money to a candidate, his vote, might, effectively, be worth more, since the elected director will prefer to accommodate that voter’s interests. Therefore, we want to make sure that item #3 is also adhered. Item #2 requires we measure activity and involvement, in a way that is secure and resistant to tempering.

OrgX realized that a carefully designed blockchain, smart-contract, cryptocurrency-based environment can hold the key for all these requirements. The blockchain architecture makes sure that all transactions are public, transparent and resistant to tempering. Smartcontracts provide, and enforceable accountability mechanism and an internal cryptocurrency facilitates monetary activities and can serve as a unit of measurement for governance impact in the sense of activity, involvement and participation.