I hate to be this dismissive, but it feels like an academic with a paternalistic streak looked deeply at how the Internet works, saw lots of different protocols and weird design decisions, and decided: this is not coherent enough. Then he figured, I'll make all the decisions now, that way it'll be coherent. And let's give every subnet a centralised source of trust and management. That'll make the design so much cleaner!
By which I mean to insinuate there's a lot of nuance and learned lessons in the current situation that this design seems not to learn from. Even though it did learn some lessons, I don't think this passes 'Chestertons fence'