decentralisation
/diːˌsɛntrəlaɪˈzeɪʃən/
noun
- The process of moving power, authority, or decision-making away from a central government or organization to smaller, local groups or regions.
- The government's decentralisation of education gave local schools more control over their budgets.
- Decentralisation of the healthcare system allowed clinics in rural areas to make their own decisions.
- Many companies are embracing decentralisation to make their teams more agile and responsive.
- The transfer of data, operations, or control from a single central server or authority to a distributed network, especially in technology and finance.
- Bitcoin is a famous example of decentralisation in digital currency, with no central bank controlling it.
- Decentralisation of the internet could reduce the power of large tech companies.
- The rise of blockchain technology has led to greater decentralisation of online data storage.
Synonyms
Antonyms