The technology could facilitate new kinds of trans-territorial institutions, with self-enforcing rules, shared ownership across jurisdictions, and dynamic decision-making processes.
One of the things that has frustrated me by someone like James Muldoon who wrote Platform Socialism is that they will say that we need to find a way to put various types of digital infrastructure under democratic governance that is international rather than nationalized as something the left should call for but is still largely against crypto. Might be something to note that there are these types of calls to justify why we should note that these are the things that could be facilitated.