Why Governance?
"Governance determines the scalability of all blockchain and DLT projects."
Due to their multi-stakeholder nature all blockchains need governance to help facilitate change management.
Governance is change management for your Distributed Ledger Technology (DLT) system.Governance must be addressed properly and should be addressed early in order to build a truly scalable DLT-based system.
"Governance" is a set of protocols by which a collective:
Makes decisions that affect the whole group
Ensures the decisions are carried out
Alters the protocols for decision making