Ethereum co-founder Vitalik Buterin has called on governments, corporations, and researchers to adopt open-source and verifiable technology in areas such as healthcare, finance, and governance, warning that reliance on proprietary systems could erode trust and security.
In a blog post published on his forum on Wednesday, Buterin wrote that societies benefit most not from consuming technology, but from producing it where there is broad access and transparency. He warned that reliance on centrally controlled systems is placing too much trust in institutions that may fail or act in self-interest.
“This future involves a lot of trust being put in technology. If that trust is broken, we get really big problems. Even the mere possibility of that trust being broken forces a fallback to fundamentally exclusionary social trust models,” he explained.
cryptopolitan.com