Tim Draper: Blockchain Could Free Individuals From Inefficient Governments

US investor Tim Draper presented his vision for blockchain-based digital governments in an opening keynote speech at the GovTech Pioneers conference in Vienna, Austria Cointelegraph auf Deutsch reported May 23.

Draper outlined a future in which blockchain technology utilizing smart contracts in conjunction with artificial intelligence will massively change the role and responsibilities of states. “If we combine Bitcoin, blockchain with smart contracts and artificial intelligence, we could create the perfect bureaucracy,” the investor told the audience.

Draper explained his vision for the future using the example of healthcare. According to Draper, citizens could store all relevant health data, such as X-rays, DNA analyses, blood tests, and other findings on a blockchain, where an automated system could continuously analyze them with artificial intelligence and send recommendations and warnings to individuals…

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