Is blockchain really going to change the world? We’ve seen a lot of technologies come and go over the course of human history. At one time the wheel was considered the height of technological advancement. Obviously the wheel is a technology that has stuck. If blockchain is the current height of technological advancement, is it going to stick? And how is it going to change the world?
There are a lot of opportunities for blockchain to solve problems. One major problem that blockchain technology could solve is real estate titles. We don’t think about that much in the United States where things like that are relatively stable, but in Brazil land titles are the subject of civil unrest. Politicians often tamper with land records to grant themselves prime real estate, such as on the beach, sometimes leading to displacement of families who may have been there for generations. This is a major area where blockchain could bring stability to unstable regions.
Blockchain could also free us from psychographic manipulation on social media sites. There has been a lot of news lately about social media sites storing data about you and using that to target you for ads and specific news articles and how that data may have been gathered improperly or otherwise misused. Blockchain technology could allow social media users to do an end-run around such data collection and free us all from such forms of manipulation.
Learn more about the potential future of blockchain technology and how it could change the world from this infographic!
Infographic Courtesy of Opinion Blockchain https://www.opinionblockchain.com/how-blockchain-will-rebuild-the-world/