Table 1 provides a comparison reference for understanding Pangea versus other digital and nondigital governance and collaboration systems. This has been highly simplified and put in the context of a governance analysis framework to help understand Pangea’s strengths weaknesses and opportunities.
Table 1: Comparison of Governance solutions
Last updated
| Category | Risk | Mitigation |
|---|---|---|
| Criteria | Pangea | United Nations | World Trade Organization | Ethereum | Google Workspaces | Estonia |
|---|---|---|---|---|---|---|
Technology
Dependency on Web3 and advanced technologies may lead to challenges in tooling and expertise availability.
Pangea will leverage a range of proven, secure, and modern Internet standards and tooling, as detailed in the Tonomy White Paper. These tools are well-audited in security and privacy, supported by extensive tooling availability. The Tonomy Foundation brings substantial experience in utilising these major toolsets.
Cybersecurity
The decentralised network architecture and political aspirations might attract targeted security threats.
Pangea will utilise cutting-edge Tonomy technologies like zero-knowledge architecture and advanced cryptography. This is coupled with multi-layered security protocols, regular system audits, and ongoing updates to align with industry standards.
Regulatory Compliance
The evolving landscape of digital currency and governance regulation presents compliance challenges.
Engaging with legal experts and regulatory bodies, Pangea aims to navigate and influence compliance frameworks using its digital commons governance strategy. Its governance portal allows adaptive and participatory policy modifications to respond to regulatory, social, or financial changes quickly.
Adoption and User Engagement:
Achieving and maintaining high levels of citizen adoption and engagement.
The Tonomy Foundation employs an agile, citizen-centric design process with lean feedback cycles for continuous improvement. In case of declining engagement, Pangea will reevaluate its strategies based on market research. Application onboarding and Tonomy’s trust-enhancing technologies like provable democratic voting and autonomous identity control are key strategies for citizen growth and engagement.
Financial Sustainability
Maintaining long-term financial health and viability.
Pangea will diversify revenue streams and practice prudent financial management. The Tonomy software suite’s dual-benefit sales strategy will aid in income generation and ecosystem credibility. Commercial collaborations within Pangea will stimulate an internal market. A reserve fund and flexible Treasury funds will manage financial shortfalls.
Scaleability
Potential challenges in scaling to accommodate a growing citizen base.
Pangea leverages proven technologies that support large citizen numbers and plans for further scalability advancements. Regarding scalability challenges, the focus will be on integrating more efficient technologies and enhancing server capacities.
Backup Systems and Data Recovery
Large-scale system failures or attacks causing data loss and downtime.
Pangea employs Tonomy technologies with built-in redundancy to handle system failures, ensuring system availability. Robust backup systems and data recovery protocols are in place to minimise the impacts of such failures.
Governance Structure
Decentralised,blockchain-based governance with flexibility
Centralised, intergovernmental governance
Centralised, intergovernmental governance
Decentralised, off-chain governance
Centralised, corporate governance
Centralised, e-governance with digital advancements
Participation and Inclusivity
High, with digital citizenship and global access
Low, varies by country participation, no direct participation
Medium, limited to member states participation, no direct participation
Medium, open globally to all technically educated citizens
Low, within corporate or educational organizations that have no governance rights of the platform
Medium, for Estonian citizens and residents only
Transparency and Accountability
High, with blockchain transparency and anonymous social accountability
Medium, formal processes but limited transparency
Medium, formal dispute resolution processes
Medium, with public ledger transparency and open-source development but little to no social accountability
Medium, depends on governance and usage policies
High, with transparent digital processes
Efficiency and Scalability
High, scalable with digital technologies
Medium, challenges with large membership and bureaucracy
Medium, scalability depends on member collaboration
Low, limited by network performance
High, scalable cloud-based infrastucture
High, efficient digital services
Security and Privacy
High, with decentralised architecture advanced cryptography
Medium, depends on member state compliance
Medium, depends on member state compliance
Medium security, but with concerns about smart contract vulnerabilities. Low personal privacy architecture
High, with robust security and privacy standards
Medium, with a focus on e-identity and data protection but centralised data
Economic and Financial Management
High, with integrated transparent blockchain transactions
Medium, subject to member state contributions
Medium, financial management reliant on member contributions
High, transparent transaction records
Low, no integrated currency controls
High, digital financial management systems
Policy Creation and Enforcement
High, self-regulating policies and decentralised enforcement
Medium, policies created by member consensus
Medium, policies formed by member consensus
Medium, through smart contracts but only using financial incentives
Medium, corporate policies and regulations
High, effective digital policy enforcement
Technological Innovation
High, innovative Web3 technologies
Low to Medium, traditional systems with some digital
Low to Medium, traditional systems with some digital
High, leading in blockchain innovations
High, innovative cloud-based technologies
High, pioneer in e-governance technologies
Global Impact and Outreach
Low, currently, with potential for global digital governance
High, significant global impact and outreach
High, significant global trade impact and outreach
High, significant impact on digital economices
High, widespread corporate use and collaboration
Medium, model for digital governance restricted to Estonia