Grin logo
de en es fr
Shop
GRIN Website
Texte veröffentlichen, Rundum-Service genießen
Zur Shop-Startseite › Soziologie - Wirtschaft und Industrie

Culture within the 4th industrial revolution. How Botho can help blockchain become a key driver of sustainable development in Botswana

Titel: Culture within the 4th industrial revolution. How Botho can help blockchain become a key driver of sustainable development in Botswana

Essay , 2019 , 10 Seiten , Note: N/A

Autor:in: Eddy Mihigo (Autor:in)

Soziologie - Wirtschaft und Industrie
Leseprobe & Details   Blick ins Buch
Zusammenfassung Leseprobe Details

Blockchain is the brainchild of a person or a group of people who go or goes by the pseudonym
Satoshi Nakamoto. Originally devised to support digital currencies such as Bitcoin, blockchain has quickly evolved into something more, with the technological community finding other potential uses for the technology in many industries.

Blockchain can be defined as an incorruptible virtual ledger of transactions programmed to record these transactions along with every other item that may be deemed valuable. It is basically time-stamped series of non-modifiable records, and it is managed by a network of computers that are not owned by one entity (this is the block). These computer networks are secured and grouped together using complex cryptographic principles (this is the chain). Blockchain works because of principles of openness, transparency, accountability and most importantly, trust. The genius of blockchain also resides in the fact that apart from the infrastructural cost that supports the technology frame, there is no actual fee for the transaction. One party initiates the process by creating a block, and only after this block is successfully verified by a predetermined number of computers is it added to a chain. The integrity of the whole chain is dependent on this single block, and because there are so many blocks in the chain, the corruption of a chain is pretty much impossible since the whole chain would have to verify a fraudulent process.

Interestingly, a rudimentary version of blockchain has always existed in Botswana through the
culture of BOTHO. BOTHO is based on similar principles, having been defined as an example of a social contract of mutual respect, responsibility and accountability that members of society innately have towards each other and a process of earning respect before giving it, and to gain empowering by empowering others.

Batswana believe that KAGISANO (Harmony) an only be maintained through mutual respect, honesty, transparency and accountability, the very principles used in the application of blockchain technology. This paper aims to deconstruct blockchain and insert BOTHO principles within it to make in a viable option in sustainably developing Botswana's economy and driving this economy into the 4th industrial revolution.

Leseprobe


Table of Contents

DEFINTION OF BOTHO AND ITS HISTORICAL CONTEXT

BLOCKCHAIN: DEFINITION AND BRIEF HISTORY

BLOCKCHAIN: BITCOIN

BLOCKCHAIN: SOME USES

BLOCKCHAIN: BASED ON (SHARED) TRUTH

THE APPLICATION OF BOTHO TO BLOCKCHAIN

BOTHO AND BLOCKCHAIN: THE CHALLENGES

BOTHO AND BLOCKCHAIN: THE WAY FORWARD

Objectives and Topics

This paper aims to analyze the intersection between blockchain technology and the traditional Botswanan cultural philosophy of "Botho." It explores how the principles of mutual respect, responsibility, and accountability inherent in Botho can be integrated into blockchain architectures to foster sustainable economic development and overcome the limitations of current trust-less systems in the context of the 4th Industrial Revolution.

  • Theoretical definitions and historical context of the Botho philosophy.
  • Technical overview and evolution of blockchain technology and Bitcoin.
  • Practical applications of blockchain across various global economic sectors.
  • The role of "shared truth" and institutional trust in economic transactions.
  • Challenges and strategies for integrating cultural values into decentralized digital systems.

Excerpt from the Book

THE APPLICATION OF BOTHO TO BLOCKCHAIN

The system of a distributed ledger does give participants the self-assurance that their assets can be stored and exchanged. This is however not similar to having faith in an individual or an institution. Werbach (2018) tells us that if blockchain entirely replaces reliance on people, companies, and governments with reliance on software code and cryptography, it will produce distrust.

Botho has already been defined as a social contract of mutual respect, responsibility and accountability. In Botswana local communities, the concept was deeply entrenched in day to day activities. From leaders knowing that they must welcome all regardless of status, to encouraging all community members to express themselves at all times and as equals, botho goes as far as to welcome and give land to outsiders who may want to settle within the community. There is also a cattle-based loan practice that enables poor community members to borrow a cow from the rich to be able to start their own cattle post. This allowed underprivileged members of the community to live in dignity and work towards building their wealth. There were other community-based activities that promoted Botho culture, such as a person cooking food for members of the community who assisted one of them in the building of their house. This was done at no cost. These communities had strong ties that were forged largely through totemic kinship, blood, marriage, and shared communal social structures and ethics that were enhanced by geographic and ethnic ties (Dube et al, 2016).

Summary of Chapters

DEFINTION OF BOTHO AND ITS HISTORICAL CONTEXT: This chapter defines Botho as a universal cultural value system centered on mutual interdependence and explores its historical evolution from ancient Egypt to its role in modern Botswana's development.

BLOCKCHAIN: DEFINITION AND BRIEF HISTORY: This section provides a technical foundation by explaining the origin of blockchain technology as a decentralized, immutable ledger system designed to eliminate the need for trusted third-party intermediaries.

BLOCKCHAIN: BITCOIN: This chapter discusses the emergence of Bitcoin as the most prominent cryptocurrency and explains the differences between permission-less and permissioned blockchain networks, including the use of smart contracts.

BLOCKCHAIN: SOME USES: This chapter highlights various industry-specific applications of blockchain, ranging from the financial and education sectors to logistics, healthcare, and retail traceability.

BLOCKCHAIN: BASED ON (SHARED) TRUTH: This section examines the economic necessity of trust in transactions and argues that blockchain shifts this paradigm by making "truth" a shared, synchronized asset rather than a centralized one.

THE APPLICATION OF BOTHO TO BLOCKCHAIN: This chapter bridges the gap between technology and culture, proposing that the inherent principles of Botho can act as a foundation to ensure integrity and human connection within blockchain ecosystems.

BOTHO AND BLOCKCHAIN: THE CHALLENGES: This chapter addresses the technical infancy of blockchain and the socio-economic difficulties, particularly for African investors, in adapting to systems that lack intimacy and require faith in algorithms rather than people.

BOTHO AND BLOCKCHAIN: THE WAY FORWARD: The conclusion advocates for a paradigm shift that moves beyond the assumption of human treachery in blockchain design, suggesting that incorporating cultural values like Botho could lead to more sustainable and human-centric technological development.

Keywords

Botho, Blockchain, Botswana, Sustainable Development, 4th Industrial Revolution, Distributed Ledger, Social Contract, Mutual Respect, Cryptocurrency, Decentralization, Shared Truth, Economic Development, Trust Machine, Innovation, Community.

Frequently Asked Questions

What is the primary focus of this research?

The research explores the potential of integrating the traditional Botswanan cultural philosophy of "Botho" with the technological framework of blockchain to drive sustainable development in Botswana.

What are the central themes discussed in the paper?

The work centers on cultural values, decentralized technology, economic trust, community building, and the challenges of technological implementation in African markets.

What is the core research question or objective?

The objective is to determine how the "Botho" principles—specifically mutual respect and accountability—can be fused with blockchain technology to make it a more viable, human-centered option for Botswana’s economy.

Which scientific methodology is utilized?

The paper utilizes a qualitative, descriptive approach, synthesizing historical definitions of Botho, technical explanations of blockchain architecture, and comparative analysis of socioeconomic impacts.

What is covered in the main body of the text?

The main body covers the definitions of Botho and blockchain, the technical workings of Bitcoin, various industry applications, an analysis of the need for "shared truth," and a critical look at the challenges and future prospects of this integration.

Which keywords best characterize this work?

Key terms include Botho, Blockchain, Botswana, Sustainable Development, 4th Industrial Revolution, Decentralization, and Trust.

How does the author define the relationship between "Botho" and "Kagisano"?

The author notes that Batswana believe "Kagisano" (Harmony) can only be maintained through the values of mutual respect, honesty, transparency, and accountability, which are the same core principles found in both the Botho philosophy and blockchain technology.

What specific criticism does the author raise regarding current blockchain designs?

The author argues that current designs are flawed because they assume from the start that every participant is a potential traitor, which is viewed as counter-productive and culturally alien to the communal nature of African societies.

Ende der Leseprobe aus 10 Seiten  - nach oben

Details

Titel
Culture within the 4th industrial revolution. How Botho can help blockchain become a key driver of sustainable development in Botswana
Note
N/A
Autor
Eddy Mihigo (Autor:in)
Erscheinungsjahr
2019
Seiten
10
Katalognummer
V497630
ISBN (eBook)
9783346012401
ISBN (Buch)
9783346012418
Sprache
Englisch
Schlagworte
culture botho botswana
Produktsicherheit
GRIN Publishing GmbH
Arbeit zitieren
Eddy Mihigo (Autor:in), 2019, Culture within the 4th industrial revolution. How Botho can help blockchain become a key driver of sustainable development in Botswana, München, GRIN Verlag, https://www.grin.com/document/497630
Blick ins Buch
  • Wenn Sie diese Meldung sehen, konnt das Bild nicht geladen und dargestellt werden.
  • Wenn Sie diese Meldung sehen, konnt das Bild nicht geladen und dargestellt werden.
  • Wenn Sie diese Meldung sehen, konnt das Bild nicht geladen und dargestellt werden.
  • Wenn Sie diese Meldung sehen, konnt das Bild nicht geladen und dargestellt werden.
  • Wenn Sie diese Meldung sehen, konnt das Bild nicht geladen und dargestellt werden.
  • Wenn Sie diese Meldung sehen, konnt das Bild nicht geladen und dargestellt werden.
Leseprobe aus  10  Seiten
Grin logo
  • Grin.com
  • Versand
  • Kontakt
  • Datenschutz
  • AGB
  • Impressum