The Truth Machine: Blockchain and the Future of Everything by Michael Casey

A walk through the 7,000 histories of record-keeping and its role in helping societies overcome trust challenges to build civilization shows that underneath all the distractions of price bubbles and hype, lies a powerful idea in the blockchain community: that the "shared truths" upon which people and businesses develop relationships and conduct commerce can now be determined by a decentralized consensus rather than the say-so of a centralized ledger-keeper. This offers big opportunities to significantly lower society's "cost of trust," opportunities that are rarely discussed and insufficiently recognized in all the debates over blockchain's value. It also means that the power of independent software can now, for the first time, be seamlessly applied to the way in which society measures, records and exchanges value, opening up a host of potential uses in which transacting entities can overcome trust barriers to jointly improve their management of resources.

Watch this Bite+ to learn about a Record-Keeping Revolution to Redefine the Digital Economy.

About Open Learning Campus

All registered users of OLC can experience its impact of new features. If you are already registered with OLC you can directly sign in to the new system. If you are a new user then do register to avail of the dynamic learning opportunities from WBG to deepen your knowledge and skills on a variety of development related topics. For example, you will have access to timely resources such as:

Ted like video talks
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Formal learnings (i.e., Self-paced courses/Facilitated Courses/MOOCs)
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Course Details

Language: English
Mode: Journey