Like previous technologies, such as the Internet, for example, blockchains have been driven by a high degree of techno-optimism not yet backed up by on the ground impact or reliable evidence. Undoubtedly, the technology, which is still rapidly evolving, has enormous potential in many sectors and could promote human development if harnessed strategically.
One of the many blockchain innovative traits is the use of sophisticated cryptographic tools to generate unique identities for individuals interacting within the distributed network. In principle, such identities can be pseudo-anonymous, immutable, secure and directly created and managed by their owners – thus not need for centralized or federated intermediaries This, in principle, make blockchains an ideal candidate to propel
Running on the coattails of the now infamous dot-com bubble, e-government first saw the light of day before the end of the last Millennium. At that time, where hype overtook the tech scene yet again, adding ‘e’ (as in electronic) to almost any theme became quite fashionable. First in the scene was e-commerce (and e-business) which foreshadowed the 1994 launching of Amazon, among others, followed by its successful IPO three years later. Surely, governments could also master the emerging digital technologies to improve their core functions while fostering increased efficiency, transparency, and accountability. Most governments in industrialized countries quickly jumped into the e-government wagon while emerging economies such as Estonia, Singapore, and South Korea were determined not to
Blockchain technology development has been accompanied by a substantial increase in related research. The latter usually trails new technology innovations, but it does tend to catch up in the short-term. Ten years after the emergence of blockchains, there is plenty of ongoing academic and other research. Keeping track of its volume requires some sort of collaborative effort among different actors. Enter the Blockchain Research Network, BRN.
Created last Summer, BRN is an independent network open to all researchers regardless of affiliation. Furthermore, BRN is not linked to any academic institution or business organization, nor does it plan to be. It is thus decentralized, working ins the same fashion as traditional Open Source networks. To date, BRN has over 400 registered members who
Infrastructure development has been one of the main concerns of Internet promoters. It is usually posited as one of the key obstacles impeding universal access to the global network. Digital divide concerns and calls to connect the next billion are perhaps the best-known examples of such worldview. For the record, this is not an Internet-only issue. Many technologies face a similar conundrum and few, such as radio and television, can claim almost universal access. Mobile technologies, touted by some as the fastest spreading technology ever, are still struggling to reach such goal.
The issue of technology diffusion is undoubtedly much more complicated than just infrastructure development. Indeed, it is a multidimensional one that involves many variables and parameters. In this light, the Inclusive
Merchants are perhaps the most famous image of an intermediary, the not-so-loved “middleman” that buys cheap, sells dear, and becomes rich doing little work. Even in the supposedly dark Middle Ages, merchants were able to openly operate creating in the process Merchant Guilds that promoted regional trade while protecting members from potential abuses by powerful landlords and countervailing the staunch opposition of the Catholic Church. Merchants and traders are also part of the Greek and Roman empires.
Nevertheless, not every single intermediary is necessarily a merchant. In economics, an intermediary is defined as an agent or enterprise that sits between a product (or service) and the consumer. A supply chain for a given product might indeed have multiple intermediaries that handle the
Disruptive. One of the attributes that most use to describe in minimalistic terms the potential impact of new and emerging information and communication technologies (ICTs) in society. While its actual meaning can vary from one person to another, disruption is usually linked to dramatic short-term change where old and obsolete technologies, processes and institutions -not to mention people – will be either replaced or purge altogether, all for the best.
Disruption is thus implicitly connected to the concept of progress, especially to its linear version. Here, progress is seen almost like time is in physics: it always goes forward, and it is impossible to go back and say edit the past. Recent research has challenged the linear conception of progress((See for example Amy Allen’s book, The
I was invited to Canada to discuss my blockchain technology paper. Here are my opening remarks at the panel organized by Government Affairs and IDRC.
Speaking about a seemingly complex subject such as blockchains poses a challenge not only for me but also for you, the audience. More so when the time is scarce. It is probably not the same challenge, however. So perhaps the best way to start this conversation is to take a step back and start with technological innovation. Technological innovation has been around longer than you and me, for sure. But what has changed nowadays is the frequency in which innovation is happening, especially since the dawn of digital computing and electronics.
The Internet is no doubt the best example here. Initially conceived with government support and public
Recent events seem to suggest the cryptocurrency bubble is finally starting to deflate. Bitcoin, Ethereum and most of their crypto cousins are significantly down while regulators in several countries are finally beginning to take action on the ground. Nobel laureate economists are also speaking up against the digital currency, arguing that the new currency is not capable of fulfilling the three core functions that define money.
Does this mean that ICOs are on the way out?
If we look at the latest ICO data,((Data was obtained from tokendata.io. Sample size includes 1032 ICOs completed by the end of 31 January 2018. 485 or 47% percent did not report any funding. The total number of successful ICOs is thus 547. The DAO ICO is not included as it is considered a failure. Hdac, quoted by some
Like previous digital technologies, such as the Internet, for example, blockchain technology (BCT) has been driven by a high degree of techno-optimism not yet backed by on the ground impact or reliable evidence. Undoubtedly, the technology, which is still in its infancy, has enormous potential in many sectors and could promote human development if harnessed strategically.
One of the many BCT innovative traits is the use of sophisticated cryptographic tools to generate unique identities for individuals interacting within its distributed network. In general, such identities are pseudo-anonymous, immutable, secure and directly created and managed by the individual. This in principle makes BCT an ideal candidate to propel further innovation in the digital identity sector. The critical question
Disruptive, transformative and revolutionary are some of the adjectives commonly used to describe the potential impact of new and emerging technologies on society. Joblessness, human decay, and the Singularity sit on the opposite side constantly reminding us of the darker side of technologies.
Indeed, there are two traditional approaches to the social impact of technology which, despite their very divergent predictions, share a common trait.
The first and most commonly accepted approach is the instrumental approach. Here, technology is a tool: A hammer is a hammer; the Internet is the Internet, ready to be used by people – but lacking any intrinsic social value. In this perspective, technology is neutral meaning 1. Technology can be used in any social environment and can thus be easily