I recently published this post and now heard another TED Presentation by Neha Narula on “The Future of Money” (2nd posted Presentation below). I also listened to another good TED presentation by Mike Schwartz, “The Potential of Blockchain” and this explains more (3rd posted Presentation below).
These additional TED presentations explain more about how blockchains will have a big impact. I am encourage by the possibility by the ability of this technology to democratize the world and reward efforts more fairly. Please share if you know more.
As noted, previously don’t fully understand blockchain, but this concept appears to be a very interesting development. Based on the TED Presentation by Don Tapscott, it seems like an effective way to democratize the world. To me, the proposed effect of blockchains, which take out the middleman, are very similar to what Robert Kennedy, Jr. talked (see here) about to democratize energy. Blockchains would give people more control and versatility with their assets like would be possible with home based solar energy.
Kennedy explained we could democratize energy and not be beholden to big energy if everyone became their own generating power plant with solar. As he explained and Don Tapscott suggests, these changes carry a great potential in being able to level the playing field. Both of these changes carry with it the ability to generate comprehensive improvements by creating pervasive, reciprocal, selfish, selfless, synergistic interactions so everyone and everything benefits.
I found his TED presentation, “How the Blockchain is Changing Money & Business” very intriguing. I encourage you to listen and please share if you can shed more light on this development. I am interested in learning more. Thank you.