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(English) How The Blockchain Will Radically Transform The Economy - Bettina Warburg (DownSub - Com)
(English) How The Blockchain Will Radically Transform The Economy - Bettina Warburg (DownSub - Com)
(English) How The Blockchain Will Radically Transform The Economy - Bettina Warburg (DownSub - Com)
corporations,
marketplaces.
like a constitution,
but we enforced
all of our trade with violence
or social repercussions.
governments, corporations.
These institutions
helped us manage our trade
as the uncertainty
and the complexity grew,
Blockchain technology
is a decentralized database
On the blockchain,
in radical ways.
in economics,
We face uncertainties
like not knowing who we're dealing with,
portable identity.
is they're managing
all of these different vendors
a shared reality
across nontrusting entities.
By this I mean
binding contracts,
between individuals
slowing us down
to technology companies,
start-ups and universities.
Blockchains give us
the technological capability
of exchange of currency,
So in some ways,
into certainties.
Thank you.
(Applause)
because in reality,
blockchain is a complex technology.
BW: Thanks.
(Applause)