• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news today, price & technical analysis
Price & Market
Cap Data from
Nomics Logo
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • What is Bitcoin?
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • TradeeToro
  • Gamble +Try
  • Play GamesTry
  • BUY BITCOINTry
No Result
View All Result
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • What is Bitcoin?
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • TradeeToro
  • Gamble +Try
  • Play GamesTry
  • BUY BITCOINTry
No Result
View All Result
NewsBTC
No Result
View All Result
Price & Market
Cap Data from
Nomics Logo
Home Sponsored

Blockchain and Other Foundational Technologies That Will Build Future Economies

Guest Author by Guest Author
3 years ago
in Sponsored
Reading Time: 2min read
askfm, askfm 2.0, blockchain
Advertisement
Nexo Logo
Listen to Article

Predicting rain doesn’t count. Building arks does

–Warren Buffett

The ubiquitous freedom of the information age

The dissemination of information in the 21 century is by far one of the biggest marvels that highlight the modern society.  There is a wide adoption of revolutionary technologies across different industries given an increasing trend of knowledge-based work around the globe. As a result, information technology has become the driving force of global economies and the interaction ability between enterprises, individuals and organizations have been increasing. Thanks to the internet, information, ideas, and opportunities are accessible virtually from anywhere. The only downside is that most of the available information is still controlled by centralized organizations and companies.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Questioning the idea of centralized information control

Even with the centralization of information, technological advancement in the recent past seems to buck the trend, especially with technologies like Blockchain that are designed to improve decentralization. Such technologies will matter in the future simply because they provide control over data thus impacting global economies as well as social behaviors.  For instance, social media platforms provide a lot of convenience for free. However, most of the user data is centralized giving rise to a number of risks to privacy. Stan DeLany, a researcher at Morgan Stanley, believes that people should thoroughly consider the far-reaching implications of submitting their data to free online services as those who own the data in the future (as is the case with machine learning) will end up with the greatest control.

Blockchain building arks for the future economies

With advancement in global technology, some future changes are predictable,  especially in the field of education and the employment. As machine learning, augmented reality, biotechnology, and blockchain technology become central in the next few decades, as more and more work becomes automated, the focus will be on the skills of complex problem-solving.  Demand for these valuable skills will also lead to the need for continuous learning and development. Out of all these, the establishment of trust will be a key driver of the global economy. Thanks to Blockchain technology’s capacity to not only provide a tool for building trustless platforms with peer to peer interactions, but also a capacity for immutability and decentralization, future middlemen will be eliminated. This is expected to cut down expenses and increase profit margins for businesses across the globe. Furthermore, the availability of smart contracts and cryptocurrencies will help solidify legitimacy of the sharing and collaborative economy. One company that is already sharing its knowledge on Blockchain is ASKfm. They have a platform that provides a knowledge exchange ecosystem that contributes to the growing global trend of sharing and collaboration.

You can find out more about ASKfm here

TweetShare
BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner? Win up to $1,000,000 in One Spin at CryptoSlots
Guest Author

Guest Author

Related Posts

Folgory

A Debit Card for Your Coin with Folgory

2 days ago
OWNR Wallet

OWNR Wallet Ends 2020 With the Launch of VISA Prepaid Crypto Card and its Own Crypto Exchange

2 weeks ago
BIG2.WIN: Play One of the Most Familiar Games in a Crypto Setting

BIG2.WIN: Play One of the Most Familiar Games in a Crypto Setting

2 weeks ago
yfdai finance, safeswap. yfdai launchpad

YFDAI Finance on Path to Push DeFi to the Limit, Starting with SafeSwap and Launchpad

2 weeks ago
crypto.com

Best Ways to Buy Bitcoin on Crypto.com

2 weeks ago
ttm bank

TTM Bank Launches Global Crypto Card

3 weeks ago

Premium Partners

Top Brokers

eToro

eToro

Review · Visit
Changelly

Changelly

Review · Visit
Evolve Markets

Evolve Markets

Review · Visit
ArbiSmart

ArbiSmart

Review · Visit
PrimeXBT

PrimeXBT

Review · Visit
Moneta Markets

Moneta Markets

Review · Visit

Top Casinos

BitStarz

BitStarz

Review · Visit
CryptoSlots

CryptoSlots

Review · Visit
mBit

mBit

Review · Visit
CryptoGames

CryptoGames

Review · Visit
Bonusfinder DE

Bonusfinder DE

Review · Visit
Bspin

Bspin

Review · Visit
Wolf Bet

Wolf Bet

Review · Visit

Top Sportsbooks

1xBit

1xBit

Review · Visit

Press Releases

Introducing ethrift.io Non-Custodial FIAT Ethereum Gateway

January 16, 2021

SV-based Taraxa Revolutionizes Legacy Data Auditing With Mathematically Provable Audit Trails

January 15, 2021

Kickoff Your DeFi Journey With YOYO FINANCE – Their Token Sale Is Live

January 14, 2021

Newsletter Signup


ABOUT US

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

COMPANY

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

LINKS

Auto Trading Software ▸

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

© 2020 NewsBTC. All Rights Reserved.

  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • What is Bitcoin?
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Trade
  • Gamble +
  • Play Games
  • BUY BITCOIN

© 2020 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.