Liberty Ecosystem: Using Blockchain to Fight Authoritarianism

March 18, 2019

The Liberty Ecosystem, a blockchain-based platform founded with the goal of fighting authoritarianism, has been introduced by executives from the Asia Pacific Conservative Union (APCU).

The Liberty Ecosystem is described as a “decentralized federation of local advocacy and economic development organizations seeking to combat the rise of authoritarianism in the Asia-Pacific region and around the world.”

The project was developed by Jikido “Jay” Aeba, Chairman of APCU, and Yasu Kikuta, CEO and co-founder of the organization. Jay Aeba was reportedly a former member of Happy Science, a controversial religious and spiritual movement in Japan, which some have described as having the characteristics of a cult. After Aeba parted ways with Happy Science in 2015, he founded the Japanese Conservative Union, a far-right political party.

According to the announcement issued by the Liberty Ecosystem, nations like China are funding foreign infrastructure projects, with the ultimate goal of gaining control over the political sovereignty of other nations. This ‘dollar diplomacy’ has led to the authoritarian government model being implemented in other countries, such as Japan, Sri Lanka, and Indonesia.

Liberty Ecosystem stated that its blockchain-based project relies on “Liberty Tokens” to create a shared community and financial infrastructure aimed at empowering local organizations, which are engaged in the fight against authoritarianism. The project revealed that it has also partnered with token economy ecosystem Wowoo.

Experts in the field of blockchain technology have long hinted that human rights activism may become one of the best ways blockchain and cryptocurrency can be put to use. However, famed American whistleblower Edward Snowden has expressed his concerns about Bitcoin, as he believed the cryptocurrency’s public blockchain makes it vulnerable to misuse.

Source: cointelegraph.com

About Asia Blockchain Review

Asia Blockchain Review is the largest initiative for media and community building in Asia for blockchain technology. It aims to connect all blockchain enthusiasts on a regional scale and facilitate the technological foundation of blockchain through a range of group discussions, technical workshops, conferences, and consulting programs.

Our goal is to cultivate and encourage a collaborative community for our members to gather, share their experiences and endeavors in the blockchain space, and brainstorm the potential uses of blockchain technology.

    Related Article
    Daimler Trucks and Waymo partner on the development of autonomous SAE Level 4 trucks
    Daimler Trucks and Waymo have signed a broad, global, strategic partnership to deploy autonomous SAE...

    October 31, 2020

    Microsoft cloud business gathers steam as pandemic boosts growth
    According to Reuters, Microsoft Corp's cloud computing business slightly re-accelerated and its Team...

    October 31, 2020

    Chainstack To Ensure Easy Access To XDC, The First Digital Currency On The Public Corda Blockchain Network
    Chainstack and Cordite Society are announcing a partnership to make Cordite XDC nodes available to e...

    October 29, 2020

    Ant’s Record Strategic Allocation In Shanghai IPO Fuels Small Investor Scramble
    According to Reuters, Chinese fintech giant Ant Group’s move to earmark a record 80% of the Shanghai...

    October 28, 2020

    We provide information about Asia Blockchain Review latest activities as well as global blockchain news and research. Subscribe to our Newsletter now or Contact us