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. What’s the last big technological change that had the same sort of impact that you believe blockchain will have?I 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.You still had to use money in the real world, you still had to use companies in the real world to intermediate and you still had to use contracts that were non digitally native. This is completing the revolution that was started with t
ChainGPT and Polygon Labs Alliance Boosts NFT Development, Sets Stage for MATIC Rebound
ChainGPT and Polygon Labs team up to revolutionize NFT creation with AI technology and scalable blockchain integration. Interest…