We talked to Levi Samama of Coalichain about saving democracy, and he had the following to say:-
First of all, how are you and your family doing in these COVID-19 times?
Levi Samama: We are doing great, thanks, God. Life is going on. Indeed, there are some pressures here and there, but we all know that big changes always come together with discomfort and uncertainty. The world is actually having its biggest change ever; we have to be strong, active, and focused on our mission; finally, everything will be for the best.
Tell us about you, your career, how you founded Coalichain.
Levi Samama: I’m a serial entrepreneur, mainly in high tech, digital, and marketing areas.
I founded this project in 2016 when I understood that the most important issue in our world hadn’t been touched by recent tech revolutions; the Governance and decision processes.
How does Coalichain innovate?
Levi Samama: Allowing members of any group to participate in the decisions processes and governance throughout a new Democratic process and a new Blockchain protocol, all built into a decentralized and independent ecosystem.
The Coalichain ecosystem based on 3 fundamentals:
A Democratic protocol allowing to vote for several representatives / Experts in different governance domains in a flexible way. Voted Experts, together, are deliberating and deciding, while each Expert is worth the number of votes, he received. It decentralizes powers and makes representatives accountable.
A User and Governance oriented social network to inform, share, propose, deliberate, and decide in a transparent and participatory way.
Decentralized economy and finance with a marketplace and financial tools.
The Blockchain Poi protocol and the ZUZ:
Our private and independent Blockchain randomly gives priority to Nodes, according to their influence and trust in the ecosystem. Their influence is steaked during the recording process. This protocol reinforces the reliability of the votes.
Participants reward the Nodes in ZUZ to vote and write transactions. The ecosystem rewards Experts and Influencers for their added value. The ZUZ finally fuels the complete ecosystem. More details are available in the whitepaper on Coalichain.io.
How does the coronavirus pandemic affect your business finances?
Levi Samama: It gives more legitimacy to the new democratic protocol and the remote voting
Did you have to make difficult choices regarding human resources, and what are the lessons learned?
Levi Samama: Blockchain industry requires the best guys on the market to develop things that have never been done before.
How did your customer relationship management evolve? Do you use any specific tools to be efficient?
Levi Samama: We are not yet at the step of customer relationship management.
Did you benefit from any government grants, and did that help keep your business afloat?
Levi Samama: We didn’t want to evolve any government for this project. You probably understand the reason.
Your final thoughts?
Levi Samama: We can save millions of lives around the globe and live a much better life if we distribute governance throughout a deliberative and participative process. It’ll distribute the world’s resources and affluence more equitably. It’s time to make it happen 🙂