The Truth Is Out there For Everyone To See!
If all of the “blockchain technology” hype has one thing in common, it’s the idea that a computer application, which creates some useful result for its users, can be run simultaneously on many computers around the world rather than on just one central server, and that the network of computers can work together to run the application in a way that avoids trusting the honesty or integrity of any one computer or its administrators
It would have been ridiculous to ask ‘who owns the English language?’ But now we ask ‘who owns the code’? Now, language is something which creates and destroys stuff… Language builds. Language is, in a seemingly benign way, more than just a mode of written and aural communication or a talismanic tool of incantation - poetry and art at it’s best - language is life in the making. More than ever it is a code - as it always was. Those who would have language as an ‘open source tool’ - and artists are central here - need to fight for it and it’s emerging secrets… more than ever.
If, with a globally accessible, publicly declared distributed ledger, the era of person to person, business to business faith and trust based transactions are replaced by verifiable networked, peer to peer trustlessness - What does this mean for Business, the public sector and society at large?
The conversation about what really is ‘public’ and what really is ‘private’ just got 20 degrees hotter!
The future conversation becomes about what should be on public and private ledgers, for whose benefit such ledgers should be used (given that each of the infinite single entries making the ‘blocks’ can contain smart contracts with anything from currency to royalties to tax revenues attached) and by whom?
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This dystopian/utopian future (depending on who's looking) is close to being here already.
What will Blockchain mean for the secrets of the heart? Well, nothing. Which is kind of re-assuring. Except that, in this bright future, the secrets of the heart might also mean less than they did as well....
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