BLOCKCAST: Exclusive Interview with Bryan Daugherty
I recently had the opportunity to speak with Joann, editor for the South Korea Blockcast.cc. Here is an excerpt:
Question: Blockchain tech can be used in many situations and industries. Which industry do you think blockchain will do very well.
Bryan: There are many different industries that blockchain technology can and will improve, but their issues and challenges are all interconnected. Identity, security, accounting, trust among others… However, to answer your question, I believe that it will materialize on a global scale on what we know as the today’s internet.
The internet has no doubt fueled the world economy and removed the silo’s that once prevented global commerce, but I believe it has its limits. It is easily controlled and doesn’t allow information to be valued to the people who own the data.
For example, Social Media entities capitalize on the content you share and create while you are served advertisements and are not compensated for the views and traffic your information or data produces. You become product rather than the platform becoming a service. Some platforms, perhaps all of them, can decide to prevent the information you share from even being found.
We can already see blockchain becoming a true solution, ‘Metanet’ applications such as Twetch (twetch.app) and Streamanity (Streamanity.com) provide real value to the content creators. In return for the valuable information they provide, they are instantly compensated by content consumers and do not have to worry about their data being lost or destroyed – as its stored on a decentralized global ledger.
I also strongly believe that the eSports and gaming industry will help pioneer mass adoption and will greatly benefit as early adopters of legal blockchain tokens. Companies like Kronoverse (kronoverse.io) and BitBoss (bitboss.io) will demonstrate within the coming year just how powerful blockchain is for gaming.
Read the full article on Blockcast
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