This is a great read. There are big developments happening with blockchain and Noelle has a really special way of explaining it so that you can understand even if you aren’t working in that space. I suspect if you haven’t had to talk about blockchain in a business meeting yet….that day is coming.
This line really jumped out at me.
“We could be heading into a world in which all businesses that rely on communities of users (finance, e-commerce, media, travel, entertainment) launch their own blockchains. Imagine Amazon facilitating a range of commerce-related services, such as purchase lending, incentivized reviews, NFT generation… Imagine the NYSE offering decentralized trading options, collateral management, research platforms… Imagine the cost savings from banks putting KYC onchain and sharing the data… Imagine public services atomizing official identities so they can be used more securely and privately…
The eventual web of chains may sound chaotic, but it doesn’t need to be.”