Blockchain and Distributed Autonomous Community Ecosystems : Opportunities to Democratize Finance and Delivery of Transport, Housing, Urban Greening and Community Infrastructure

This report investigates and develop specifications for using blockchain and distributed organizations to enable decentralized delivery and finance of urban infrastructure. The project explores uses cases including: providing urban green, street or transit infrastructure; services for street beautification, cleaning and weed or graffiti abatement; potential ways of resource allocation ADU permitting and land allocation and homeless housing. It establishes a general process flow for this blockchain architecture involves: 1) creation of blocks (transactions); 2) sending these blocks to nodes (users) on the network for an action (mining) and then validation that that action has taken place; and 3) then adding the block to the blockchain. These involves potential for creating new economic value through proof of work which can be issued through a token (possibly a graphic Non-fungible Token), certificate or possible financial reward. We find that encouraging trading of assets at the local level can enable creation of value that could be translated in the sustainable “mining actions” that would fund the basis of an alternative, local cryptocurrency