Decentralization

Decentralization refers to the redistribution of authority across political, economic, and technological domains. Politically, it involves transferring decision-making powers from central to lower-level governments or autonomous regions. Economically and technologically, it encompasses distributed systems, edge computing, and self-sovereign identity frameworks, fostering environments of increased efficiency, individual autonomy, and trust through transparency rather than reliance on centralized entities. Key features include distributed authority, local responsiveness, increased participation, transparency, technological neutrality, and interoperability.