Blockchain is as revolutionary as electricity: Big Ideas with Jason Potts
Cointelegraph
Published Aug 23, 2021 08:33PM ET
Updated Aug 24, 2021 09:00PM ET
Economics Professor Jason Potts is co-director of the Blockchain Innovation Hub at RMIT University. He sees blockchain technology as a fundamental institutional technology revolution comparable to the emergence of companies and the internet perhaps even as world-changing as the invention of electricity.
h4 What’s the last big technological change that had the same sort of impact that you believe blockchain will have?/h4I think the obvious one is the internet, which was a profound revolution stringing together digital communication networks and computers to basically send the cost of communication and coordination to zero. But, it fundamentally didn’t change any of the economic infrastructures.
/h4
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Written By: Cointelegraph
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