Technology will tremendously change society and the economy as we know it. In fact, this change has already started. The Fourth Industrial Revolution is here and already has transformed the way we communicate, commute, learn, travel, work, and so on. It has also shaken the traditional understanding of money and the way money transactions are made.
We perform online a huge part of our daily activities – we shop online, work online, read online, play online, communicate online, manage our money online, vote online, – the list goes on and on. To be more comfortable with performing these activities, we need more transparency.
The digital world that we live in demands a significant change to be made in the way economic, legal and administrative systems maintain control. As an open ledger that records permanently and transparently the transactions made between two parties, the blockchain technology, which goes beyond bitcoin, is about to help this change.
The blockchain is here to stay, so the more you know about it, the better. These three Ted Talks will help you get a clear understanding of what blockchain is, how it will shape the future of money and how will transform our lives. Let’s also spread the word so we can all be prepared for the future!
How the blockchain will radically transform the economy
A TED Talk by Bettina Warburg
Bettina Warburg explains what blockchain and the decentralized economy are and how they will transform everything, “evolving age-old models of commerce and finance into something far more interesting: a distributed, transparent, autonomous system for exchanging value.”
How the blockchain is changing money and business
A TED Talk by Don Tapscott
Don Tapscott demystifies the world-changing technology that builds trust and has the power to transform money, business, governments, and society.
We’ve stopped trusting institutions and started trusting strangers
A TED Talk by Rachel Botsman
Rachel Botsman is an expert on the topic of trust and collaboration inspired by the digital transformation that is changing every aspect of our lives. In her TED Talk, she shares that the general trust in institutions and governments has shifted. Blockchain and the shared economy prove that we rely more and more on one another, building more transparent and accountable society.