We are witnessing the birth of the Information Age and with it the dissolving and readjusting of power structures all over the world. Decentralisation is not a new technology for money alone, it represents a product of the Information Age as we move from the Industrial. It is the evolution of structure. A new organisational structure not even only for industries but society itself and the blockchain is another by-product of this.
Society’s methods for gaining knowledge are forever growing, with the advent of the Internet, information for any topic is at our fingertips. In ‘The Root of Chinese Qi-Gong’, Dr Yang Jwing-Ming describes the evolution of knowledge in a way where knowledge is no longer strictly obtained through a centralised power. We’re moving from a set of solutions learned from the hierarchy of family tradition to a spanning set of best solutions from a global repository of solutions, the Internet. Our ability to learn, by evolving beyond the traditions of passed down knowledge is the ability to learn in a decentralised manner.
Not only is decentralisation rooted in how society learns, it is also becoming rooted in how companies are structured. Evolution of companies structures have occurred over the last century with the moving away from a hierarchy of power as it was in the Industrial age. For example, Ford’s factories were managed through a structure of hierarchy of power, with the top of the pile dictating all the happenings within the company for vehicle production. This is a very different structure of authority to the one Google presents, where the authority is possessed by the specialists in development as opposed to an appointed manager holding the reigns. The power is moved from a centralised authority to have the customers and specialists as the point of focus. Companies’ powers are becoming decentralised in the Information Age through the no longer required micro management.
The removal of hierarchical power is also evident in the changes that news and media outlets have experienced in the last decade; the reduction of central authorities controlling the information that is presented to the masses. This has been replaced by social media sites, where the first person to live stream an event gets the attention as every individual now has the ability to capture a large audience’s attention without an immense budget. News and media has become decentralised.
While these are simple examples of decentralisation in many parts of life as we know it, it lends to the notion that the blockchain is not alone in its revolutionary approach to organising an industry. I believe this gives it a lot more power to succeed in that the blockchain is not an invention of its own, it is part of a pattern emerging across the globe in relation to the evolution of humanity. Decentralisation is part of a successful pattern, one that overpowers its predecessors of power through central hierarchy and authority and emerges as the current best solution for organisations, learning and industry growth.
What’s next for decentralisation? Decentralised government, education systems and spiritualities? For now, I’m betting on the blockchain.