From banking to education, Blockchain has potential to transform society

In his TEDx talk, Charles Hoskinson discusses how Blockchain technology has the potential to revolutionize various aspects of society, particularly in the developing world. He highlights how this technology could change property rights, banking, remote education, private law, and crowd-funding

Key Points:

  1. Bitcoin-related technology has the potential to improve property rights in developing countries, as it could provide a more secure and efficient way of managing property ownership.
  2. Digital currencies and blockchain technology could transform banking systems in developing countries by enabling secure and accessible financial services.
  3. Bitcoin tech could make remote education more accessible and affordable by providing a decentralized platform for educational content.
  4. Private law could be transformed through the use of blockchain technology, as it could provide a decentralized and transparent system for dispute resolution.
  5. Crowd-funding could be revolutionized by Bitcoin tech, as it could enable more efficient and secure fundraising for social causes and entrepreneurial ventures.

Personal Insights:

  • I like how, unlike the coins (schemes), the BLOCKCHAIN tech is referred to as the ‘trust protocol;.

Article Highlights:


Paul Helmick

Paul Helmick

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