“A society that no longer requires central organisations”
Blockchain makes it possible to imagine a society that no longer requires central organisations, says GDI researcher Karin Stieger in her video looking ahead to the Blockchain Valley Conference 2017.
Today, blockchain technology is primarily used to deal in the cryptocurrency bitcoin. However, there are also many new projects utilising blockchain outside the finance industry, explains GDI researcher Karin Stieger in the video interview, naming startups such as LaZooz, the decentralised version of Uber, and Ujo-Music, a blockchain-based music service.
This makes it possible to imagine "a society that no longer requires central organisations to organise itself," says the researcher. For example, elections could be organised in a completely decentralised manner using blockchain.