How blockchain technology can transform capitalism and empower communities

How blockchain technology can transform capitalism and empower communities


so hello everyone I’d really like to see all of your
consequences faces on this conference about startup Nations Kenny claps for it
please yeah so what we’re going to talk about today is going to be about how to
live free in an unfree world which the new technologies we can use to increase
our free our free in our in the world like and how to make the people around
you to be more consequence about the liberal Liberty and at all so we’ll make
a fast schedule what’s gonna be today first we’re gonna have two speakers then
we’re gonna have a coffee break where we can take a shirt networking session with
your neighbors it’s always useful and then we’re gonna have two more neighbors
and the last gonna be the Marines a belowski which which is a member of the
parliament so the first we did it up for Jannik dos which is a tech entrepreneur
and he have a lot of startups in the blockchain blockchain technologies so
get it up for anecdotes please test test test yes thank you very much for this
nice introduction ok I said over ok I said it before I am
Yannick DOS my presentation is there I see yeah I myself have an engineering
background but after graduating I immediately stepped into
entrepreneurship that this because for me it was like engineering
moreover it’s a human engineer I like to build the bridge between technology and
society and here you see some pictures of my daily life I am blessed to may
allow to travel around the world and to speak on conferences to spread ideas and
to inspire people and besides that I’m still an engineer so for instance there
in the corner you see drones one of my hobbies is like building my own drones
and do a drone flying so there are still an engineer inside of me yeah here you
see a big picture you see me in the middle jumping from the air because I
was also part of building an innovation ecosystem in the southern of the
Netherlands I myself am and dutchy and here this was the first blockchain
incubator in the Netherlands that we built and this was after the first
program and it was really inspiring and there was a lot of energy and you see me
flying like there then we go some years back because when I was a kid I was
basically a gamer I was spending too much time behind my computer my mom did
not like it I can tell you that and at that time I was like also quite good I
was third in the world in one of the games but back then game the eSport
scene was not so developed otherwise I will maybe not be standing here how
lucky that but I was playing MMORPGs so these are massive online worlds where
basically it is a system a model of society and that always intrigued me
because in this way you learn a lot about how certain dynamics in society
work and actually what we have now where blockchain is we can create new systems
that govern our society so what I want to do today is help you first to give an
introduction about the technology itself I will go to a give a short introduction
but the technology is very complex so we don’t stay too long there
I want to show you some examples because yeah it’s all about the application I
think we all use the Internet but we probably don’t know how the HTTP
protocol or the SMTP protocol work and after that I will go much more into
depth about certain ways that can create more freedom in society I want to tell
you fasten your seatbelts I use a lot of slides our used you know tell you a lot
of information and it will go very fast if there is
something that you don’t understand please raise your hand can be in the
middle and I can answer that question here you see a picture it’s from a
meet-up it’s in January 2014 it was in our region the first meetup
about cryptocurrencies the technology behind it is blockchain he see there the
group is very small it’s like only it were only like nerds engineers there
because back then the technology was like only accessible via the command
shell it was very hard for people to understand I myself came into touch with
the technology in 2012 and I was there was Bitcoin the I think the most let’s
say common and known let’s say application of blockchain and I was
interested in the technology immediately not so much in the currency ID but I saw
this technology can create certain problems that I see in the world that as
a kid as a rabble was always kicking against but I could not come up with
something better so I stopped kicking and that is basically where it all
started and as the engineer and me I opened up my computer started to mine
back then it was possible with your normal computer to mine for instance I
did it for 2 weeks or something like 0.32 point 3 Bitcoin I stopped because
the energy costs were higher than the bitcoins were word at that time and you
saw that in January it was $200 now we are around 10000 dollars but today we’re
not going to talk about speculation of work today
we’re gonna talk about a revolution because this technology can can change
certain system as we know them today but it takes a little time and it takes all
of you to participate and to think about how do we want to use this technology
for the benefits of our own society I believe that the impact of blockchain
and will be much bigger than the impact of internet it will be not from today to
tomorrow but this has to do that if you look to the historic history of how we
exchanged data the infrastructure is that every time there was a progress the
complete infrastructure got replaced so from the printing press to the radio to
the internet the television to the internet every time there was an
technology advancement the whole infrastructure got replaced we saw all
how big the impact of the internet was if you look 10 years back and look now
we are locked to our phones we use it every day every hour probably
but now on top of this Internet we have the blockchain as an addition and I
always compare it like this the Internet is if you compare it with the human body
is like the blood vessels it’s like the nerve system that connects our body and
now on top of that we get a collective brain we get a collective logic and
especially because it is an advancement over and on top of it the impact will be
much bigger than the internet so it’s all cool in that now I want to learn you
how to speak like the cool kids in blockchain terms so the first will be
the ledger if you look the ledger is something special within blockchain
because you can compare like it’s a mega excel sheet that we share over the world
where all the transactions are being kept and there is not one place one bank
or one place where this letter is being kept
no there thousands of these Ledger’s with the
same copy all around the world but what is very special about this ledger is
that you can only add transactions so it’s not like normally when you do for
instance isn’t wrong let’s say bank transaction they will cancel that and
the transaction is out no you can only add transactions on the other hand also
is that all transactions are ordered chronologically in time so every 20
minutes for instance when in blockchain there is a new block with all the
transactions of the 20 minutes being added and actually all the whole ledger
is open is public so everybody can see all transactions everybody that has the
ledger that downloads the blockchain of Bitcoin for instance can see from its
creation till today all the transactions and this will give
you also a lot of power if you look to the contacts because you can see what
these transactions done and where and what kind of things are for on the other
hand people talk about anonymity it’s not completely anonymous Bitcoin to take
that as an example is pseudo anonymous because everybody can see every
transaction so there is like later on we will see the address of the accounts
that say the bank account and everybody can see that but they don’t know it’s
you they only know the pseudo name so the bank account number so if they don’t
know that’s your account it’s like anonymous but if they know
they know that but later on we will tell a little bit more about that and it’s
the next thing is is like peer-to-peer decentralization because instead of
having like a governed body like a bank who takes control over this ledger this
is completely peer-to-peer and decentralized so what means that all the
transactions are being validated by the community by
you and I back in the days I think all of you have probably downloaded a song
via Napster or casas or used to download a movie with BitTorrent these were the
first applications of let’s say peer-to-peer networks instead of
downloading the song from a central server you download from each other you
exchange with each other and this is like also where blockchain technology is
built on in this way it can also need not be censored because it’s not like
one server or one company they can take down it’s like peer-to-peer so they need
to take all the players all the community down into effect if they want
to take it down and that’s a hard job especially with the currently activity
and the use of so many uses around the world and then we have the word
blockchain itself actually the word says it itself it’s a big chain with all
blocks so what is a block now every if we take Bitcoin every 20 minutes all
transactions are bundled and let’s say cryptographically put it together and
add it to the ledger and they are all connected with each other
chronologically so they only fit in one piece and they are connected in that way
that only this block can connect to the other and that’s why basically the
blockchain the names come from it’s a big chain with all the blocks and in the
blocks are the transactions of let’s say that time period and then we have the
wallet and the to wallet is basically like your bank account so the nice thing
about the wallet is is that you are the owner the bank the wallet has two pieces
one is the public address it you could compare it to your bank account number
so if somebody wants to send you something they need to have this account
number so you can receive the Bitcoin or something else and on the
other hand it has the private key the private key is basically let’s say the
key to your vault because basically you are your own bank this also takes a lot
of responsibilities that you have because now when you forget your
password to log into your bank account you will call the bank or whatever and
they can reset it here you can call nobody so nobody can reset it for you so
you should take that into account so but luckily there are also wallet services
online so there is a third party you could compare like a bank who is
providing the surface for you to control your wallet if you don’t lose your let’s
say password you can do a password reset and you still have access to your funds but there is something there is that you
have to trust this third party because this third party has also access to your
vault so that’s basically also when you look to the ID of lock chain it’s
basically that you your own sovereignity access that is only for you and you
control it you then have to trust somebody else it’s a lot of time that
people also say yeah but it’s not safe and this and that it has been hacked the
blockchain for instance Bitcoin from day one people are trying to hack it and I
can tell you the incentive is quite big it’s about four hundred billion so the
center is there but the blockchain and from bit conferences has never been
hacked there has only been let’s say third party services like wallet
services or like an exchange where you can exchange kryptos or exchange Fiats
to crypto that have been hacked because they are let’s say a central
point of failure and they can be hacked and then it could be that they get
access to the fence that they control so within the wallets you have different
types already mentioned for instance the the online wallet service with a third
party but you also have the way of let’s say paper wallet so you print one time
and store it very carefully like your private key somewhere but the most safe
way to basically store your Kryptos is with a hardware wallet because every
time when you do a transaction you need to enter your private key to validate
that transaction and having it somewhere stored on your computer or typing it
over there is let’s say a way that for instance a hacker is looking or somebody
finds your private key and then immediately has access so the safest way
is a hardware wallet this is a device that basically stores your private key
in like a USB stick and that one you use to sign basically your transactions
inside the device there are other ways also to save also when you lose your
heart valve wallet it doesn’t mean that you lose access to your account because
when you create the wallet you will get like 24 words which you have to store
carefully because what is 24 well words it’s called a seat you can restore your
wallet so when you choose to save somewhere your crypto or something
choose carefully and choose let’s say the responsibility level as you want
then there is something that makes my opinion the blockchain very interesting
it’s smart contracts smart contracts are actually not contracts they are actually
smart transactions so basically what we can do now is the
weekend at programmable code into a transaction so it means that the
contract will execute itself by defined functions that we enter later on I will
give you some examples about that but that is what makes it very interesting
it’s not only that we can do safe transactions br-2 appear without
censorship immutable no on top of that we also have a way to create automated
transactions that do something automatically depending on real world
events or on other things later on there will be some examples to clarify that a
little bit more and then you have the way to generate applications on the
blockchain now we go to our Play Store to our Apple Store download the
application but Google or Apple they basically decide which applications you
can download so there is a way of censorship in there and with a decent
honest app it basically is no one can censor is the censor it so when it is in
let’s say apply it on the blockchain everybody can use it and this app is
unstoppable this is basically when you look to freedom a way to create the
freedom of choice about what applications you want to use so it
cannot be censored then we have the concept of mine forging
basically to keep the blockchain safe to keep this ledger updated there are a lot
of computers around the world who give their computing power to basically
calculate very hard puzzles because every block that’s being created cannot
be created easily there is a mathematical puzzle that needs to be
solved you cannot guess it it’s too hard to guess so everybody is trying to
compute and to to calculate the answer of this puzzle and when you
because there is also an incentive for them because every time let’s say you
give but you solve the puzzle you will get a reward we call it the block reward
at the moment it’s twelve and a half Bitcoin and in May 2020 it will go half
so in this way the supply or block of Bitcoin is also limited in the end there
will be a maximum of 21 million Bitcoin and this way is called it’s the
consensus algorithm proof of work it takes a lot of energy a lot of the let’s
say past ematic people look at that what I believe that this is currently let’s
say the innovation cost that we need to pay and now at the moment is also dumb
computing but I foresee that one of the possibilities is that we stop using dumb
computing but we will use let’s say for instance to solve and calculate let’s
say the cell divide ins or to fight cancer or something that we use the
computing power in a smart way on the other hand the other consensus algorithm
like proof of stake where they exploring with because the technology is still in
the early stage there is a still needs to be developed before it is ready for
mass adoption and what we also have now and especially in 2007 we saw a big
craze about new tokens being created because besides Bitcoin you have now
more than 2000 different other cryptos tokens that being created these tokens
are being used for instance for the application where the platform is
developed for so it’s like a sub economy you could see it like when you fly with
your Airlines you get the air miles the frequent flyer miles that you collect
it’s for that sup economy but there are different ways about how to create
a new sub economy to have your application being around and governed
and also have the economic token structure that it will work and this is
also something new and later on I will give some examples about how these
tokens can be used in an applicable way and especially these tokens created the
big search because in 2017 for instance there was a big craze around I cos
initial coin offerings so basically it’s a new way of fundraising projects which
is there to stay it will probably get another name and another way about how
it’s done now but basically what people did was they had an ID and they would
make a white paper and they would publish it and then they would afford
and there was a token needed for that application for their ID so they would
sell tokens that you could buy it as an investor and in this way they raise
money to create the product and develop it so it’s a new way of fundraising
which is there to stay but not in its current state also now a lot of govern
bodies like the SEC are looking into this because investors were not
protected and so on but this is actually a very interesting funding model because
you and I can also participate in the funding if we believe in the project and
we can become part of the community because now it’s only for credited
investors and so on it’s not accessible for us and actually for companies also
it’s like they used to do an IPO which is a lot of steps and money involved but
now basically somebody in Africa in the middle of nowhere and fundraise and
raise money and doesn’t have to go to Silicon Valley to be able to launch
their product so congratulations now you’re all master of blockchain
but still have no clue what we are doing let’s stop talking about technology
because I myself already evolved a long time and I’m still learning every day
it’s a very complex technology but let’s look to some to some applications all
right one side note for instance a lot of people probably on uber know over
booking Airbnb or very in our opinion innovative concepts but on in the long
time they will disappear because how they make money is by monetizing the
platform they have the two sides of a community and they bring them together
as a middleman and that’s where they make their money because they ask you
money for that in a way this could be controlled decentralized so basically
the community a directly peer-to-peer exchanges with each other without let’s
say the intermediary there and so this will move much more to a decentralized
way the wallet and now I want to go more deep into it because the wallet is not
only let’s say if you look to Bitcoin like a currency or money exchange no
with this more a wallet you can do much more you see much more people for
instance wearing their Fitbit to calculate their steps and so on it could
be that we see that also as a as a way of a token that you can collect so every
step you make basically gets added to your own private wallet and that you
could maybe use for instance when you have to pay for your health insurance so
you can pay a part with it with let’s say providing them with the currency of
every step because they want to incentivize let’s say healthy behavior
but also like when you participate in – as a volunteer for instance in
organizing a conference like this it could mean that this could be a
transaction that is stored as a proof into your wallet
or on top of that maybe when you going to vote that you can vote with your
wallet to vote for your president or so on when you write a review or when you
make a post when you need to sign a document legally these are all ways that
can be done which our wallet in a secure way especially voting of course is yeah
and a very good application of what blockchain can provide to society
especially a means of freedom of course with voting a lot of times there is the
question who was the corruption or that did my vote take into account where are
not votes added by somebody that is not being
voted to rake the elections I think in much more let’s say possibilities there
are is that that is a question that a lot of people have and with blockchain
we can create a way that you know and you can basically have this to do an
enormous way of voting so you know your vote is taken into account and with the
certain frameworks around it it can be lets say governed and controlled and to
make sure that regulatory wise also everything is being done and fair
so basically compliance by design so not afterwards showing we did everything
like we did what you see a lot afterwards and still can be rigged
no you create a system that is compliant by design I also like for instance
citizen engagement I think it’s also a very important one is that now a lot of
times like the municipality is designing in this neighborhood this will happen
but with if you give more participation of the citizens of that neighborhood
that they also have a say and let’s say the decisions that are
being made in their neighborhood I think you also will see that the citizens will
become much more participating in what happens around them and will be much
more involved there will be much more acceptance of change and you will get
much more insights about what is really important for that neighborhood that
city or that province one other thing is that if you look now to society we have
let’s say a static way of price one liter of oil gasoline has price X but
now a blockchain may create dynamic pricing so basically you would be smart
contacts we can let’s say program the transaction that for instance when you
look to the curve climate problems and oil and that’s being used in there and
having a bad influence upon on our climate it could be for instance that
when you use that one liter oil that you have to pay for how you use it because
when you look around the world there is a limited supply of oil so it’s more
about ok what do you do with a liter of oil then oh I buy 1 liter of oil for
price X so to give you an example when I Drive in my car and I Drive like an
insane and I use it little like I use 1 liter of gasoline on 5 kilometers it
could be that I have to pay more for the liter of oil then for instance somebody
else who pay who uses that very ecologically and dries 25 kilometers
with that same litter of oil so to use so we go to pay for use instead of pay
for ownership or that 1 liter so this could all be done by programming and
have any communication of let’s say the systems with each other that automate
basically also these rules that we decide on and and this way this
is possible and on top of that we live in a marketing society everything
projected on us for instance when we go in to book a vacation it will be an
amazing apartment with an amazing view there will be a white beach and it will
be like clear water but then you come there and the hotel room is completely
not about how they projected it on you and the beach is like crowded no white
sands no clear water and basically with these smart contracts we could go to
let’s say Bay for the fulfillment so basically pay for what you get
instead of pay for what is promised to you how much easier example is the pizza
career who brings you the pizza and he for instance says I will deliver you the
pizza for 10 euros within 30 minutes if he actually comes within 30 minutes you
paid 10 euros but if he comes out of 45 minutes it will be 7-year of 50 if it is
after an hour it will be 5 euros so in this way you automate the process to be
to pay for what’s promised to you and to be automated in the fulfillment this can
all be done very smart contracts and we can step off to pay everything with
money because there is a much more to it money is a social construct that we
created a society to basically make trading more easy but actually it took
over a little bit our society and that it now became a goal because everybody
is accumulating as much wealth as possible but there is much more being
done around us for one of them for instance I go to a hotel I have to pay
50 euros for the hotel room but they see others unique
Kanika is more than 23,000 people on LinkedIn and these people are within our
target group so unique you don’t have to pay anything for your hotel room you
will pay if at the end of your visit you will make a post about how you found
your stay in our hotel with a nice picture because they think smart because
if they have their marketing employee basically target this target group and
let’s put her to work to connect with these people to attract them to come to
the hotel they would probably spend more than 50 euros while if I post into my
network it’s also not like advertisement more but it’s real like warm way about
communicating for them there is one thing they need to make sure that I make
a positive post because that’s also part that’s why I get a room for free
afterwards I make the post I really need to have a good experience because I’m
not gonna tell to my friends and my network and make a lie because then I
would sell my soul so that’s also a way that we can step off and also the idea
about paying for instance with the steps good behavior we can create sup
economies to incentivize good behavior and to create a change and also about
how we trade and go much more to barter economy also one of the applications is
for instance when we look to the food supply chain nowadays organic biological
it’s all something that people are much more interested in and people are
willing to pay a lot more money for it actually most of it is not organic not
biologic because it’s just marketing and they just say it because it sells better
but if also on the other hand for instance I don’t eat white fish anymore
because I know how it’s being farmed with all the antibiotics and the bad
circumstances for the because basically we say when you go to
election we vote but actually with every purchase is a vote you cost and I’m
creating the open and transparency in the supply chain that you can see
basically from the farmer till let’s say US consumer every step and know about
the conditions then you can make much more better decisions and you can vote
much better with a conscious mind about what you want to see in society cause
princes are one the clothes you are wearing do you know how they are
produced that the people in the factory have very good circumstances or the
iPhone that you use do you know that in the factory of adware the iPhone is
being built they have suicides nets around the factory to prevent people
from committing suicide I don’t think these nets are there because they have
such great great working circumstances and if you know much more about how a
product is being produced you can make a much more conscious decision about what
you want to see in society now you don’t know you buy your clothes and for
instance but you don’t know about the circumstances it could be that you’re
voting for bad behavior child labor and so on but knowing every step in the
supply chain you can pay it maybe a little bit more and to vote on something
what you want to see in society and then there is a I like this example it’s a
connected nature because nowadays only a person with a certain passport can have
a bank account but actually with the blockchain everybody everything and even
nature can become part of the economic system in the world so we we did for
instance as a phone a pilot it starts Bhaskar here it’s in the
Netherlands is let’s say a foundation that takes care
of the forests that let’s say make sure that they stay healthy and so on and
this foundation lives from government money but on top of that also donations
donations from you and I that’s willing to give them money so they can do a
better job and have more impact so what we did basically was in one forest we
put all the trees on the blockchain so every tree gets his own wallet so
they’re all let’s say having a bank account and people could donate via the
app they could Francis donate 10 euros and then when they were going to walk in
the forest they would walk pass all these trees and since it was connected
with the app and the phone we know how they were walking so what we basically
did is do micro transactions to all the trees they pass so every time they
passed the tree that would go like a micro transaction of one cent to the
tree and this tree was basically collecting money but this tree was
programmed with a smart contract that if he reaches enough money in his wallet
the tree itself would send out an order to the local tree planter to plant a new
tree so basically the tree was involved in an economic law let’s say transaction
and of course this is like a silly something and it’s just like
experimenting into having have fun to see about things that are possible and
especially since it’s so crazy that a tree is participating in an economic
transaction but there in this way you can see that everything around us could
be like be part of something we could change the way about how we look to
certain things it could be that for instance now we pay when we own when we
have rent an apartment we the owner or something he pays for
the gas he pays for the electricity he pays the rent at the
of the month but it could also become that everything in the room is connected
to each other so you don’t pay like a rent but it sees okay unique is their
unique is using that lamp is using that lamp is using that Beamer so I will make
microtransactions for the use at that moment so we can step away from
ownership and go much more to use models in the economy because when we look in
back to society is that for most of our history our tribes were controlled
decentralized and this was because you can be decentralized you can have a
trustless system if the tribe is not more like 110 people because you know
each other all so you don’t need a centralized way of control but then
agriculture came and basically society and became the tribes became bigger and
in this way we needed a centralized way of control and actually we did very well
if you look to how we adapt it to it and what we created especially when you look
to supply chains these are very extremely complex centralized systems
but now there is a new technology which can create a trustless system beyond
basically over the whole world so we don’t have this limitation to get a
trustless system for maximum of 110 people so now it’s time to rethink about
what centralized systems we want to have more decentralized to get back to
basically how we always have been organized and to also give back the
power to the people to create more freedom instead of being stuck with a
certain institutional system so that’s something that I want all of you to give
with start thinking about what is a system that is now being centralized
that you actually want to have decentralized where you want to be more
in control together with the community about what happens
because we are getting a collective brain a collective logic and via this we
can see also much more about all these transactions the impact of it so if you
look for instance to war now they did the country’s go to war it could be for
oil it could be for many reasons they go there they they take everything because
there is no way of having accountability there’s no way of having traceability
but if all of this happens and it’s being let’s say transact it in a big
ledger that you can see the contacts I think people would act much more of good
behavior there would be much more accountable and responsible about the
impact they’re making in the long run what is also very interesting is that
besides blockchain because blockchain is just a technology I hope the words will
disappear very fast and we will just talk about the applications of it but
now we are in a time with a lot of technologies that are very interesting
here are ten being mentioned and especially blockchain will let’s say act
as an enabler for instance with big data with artificial intelligence but also
like creating much more decentralized way of production with 3d printing
additive manufacturing or create much more connectivity and decentralized for
instance Telecom for that we need the combination of IOT so Internet of Things
with connected devices and 5g so we can get a really let’s say peer-to-peer
network that can decent rights telecom and provide us with early unsensible
communication but also the the cups of robots that will take over the means of
production that we can much more focus on what is really important but we need
to learn also think about new ways about our economic constructs because in the
end now it’s about basically how it is created
is that the most tax you pay is an income which for me is kind of strange
so companies are more let’s say put on a higher level than we as humans well I
believe that companies are being created to provide us with services and then on
the income you get is where you pay the most taxes from and how it’s being used
you don’t have control except the four in four or five years every time you’re
voting so for instance I am a pacifist I don’t want to have let’s say money being
spent on more but every time I pay taxes I’m also paying for the military or I
don’t want to I don’t have a lot of influence well this is my biggest
basically cost if I look to the money that comes into and I pay fifty percent
taxes over that so we can create much other govern systems and move away to
the end of ownership so now it’s something you see people with a lot of
money for instance they buy real estate and they rented out in this way they can
have a reoccurring way of revenue because they own it so basically it’s
like creating a zero-sum game in our society you against me instead of a
cooperative way where we can combine and look what is better for society because
now we are in an interesting time because we can add in economic way in
governance structure not only people but all see organizations to give you an ID
it’s far away from being really used but there is for instance a decentralized
autonomous organization so that means basically that there is no central way
of control the organization is being owned being controlled and governed by
society and by the community we need a lot more experiments we need much more
of you to participate in a way about how do we want to create these new
governance structures to create a much more free
and sovereign world because we are let’s say we have the technology we have it
around us to move to be more autonomous to be more sovereign to be a more
mutualistic instead of living in a zero-sum society I hope we are moving
much more to let’s say organization that are profit-driven
that are experimenting that instead of they’re much more transparent about what
they do instead of always competing against each other to give unity and
when you look to I P it’s basically limiting innovation it’s
limiting the good for our society because that company controls the IP
look to the pharmaceutical industry they own it they can produce the medicine for
five dollars but they sell it for five thousand dollars because they need to
make profit but in the end then a lot of people that are sick cannot get the
medicine because they cannot afford it and also when I have an idea and I share
it with somebody else somebody else had also that idea and can add something
from them to it but when I have a dollar and I give it to somebody else I don’t
have the dollar only the other person has the dog so basically also IP is
currently limiting the innovation power and the let’s say the impacts and growth
of our whole society so we can move away from hierarchy so centralized control
system to a we are key we are together and this is what a buck chain is one of
the building blocks in that and we have now web 2.0 but we’re moving to web 3.0
so basically everything becomes decentralized and now at the right side
you see for instance let’s say the building blocks that are
needed to create this new Internet they are not perfect yet they are still being
built to give you one example it could be like file storage now it’s being
stored on one server at one place but there is one project in you know it’s
also beyond the earth its interplanetary file system what they do is create a
basic peer-to-peer let’s say way of data sharing because actually when you look
to the hard drives around the world more than 60% of the hard drives is not being
used so also we can enable the use of resources that we already have and let’s
say open them up in a new wave so basically broke Jing can enable that if
you have let’s say too much resources you can share and open it up to society
and this is all being done by tokens these sup economies that we started with
the tokens are the fuel of the decentralized economy but for these
tokens we need to have good incentives so I want you all to start thinking
about what kind of incentive can you create for certain goals that you want
to see in society certain changes so how can we incentivize the behavior that you
want to see one of my passionate things is zero profit organizations zero profit
organizations is a new way of creating organizations that are controlled funded
maintained and being owned and used by the community
so basically the profit does not go to an organization or a person no the
profit stays in the ecosystem and the purpose of that organization and I will
give you one example it’s about a mobility project that I’m involved in
and the mobility project is about one person vehicles one person pots it’s for
urban mobility so it’s basically like uber let’s say in Kiev that you used for
the taxi but then it’s not a taxi driver
with a car that is coming but it is a pot that comes sell driving pot and this
pot you click on the button it will come just like over you step in petrol bring
your you step out and you pay with the token for mobility of the pot for that
sub ecosystem and that pot is his own has his own bank account is his own
entity every separate vehicle and it collects the mine the token and then it
needs to be charged so it sends out to the community it turns out I want to be
charged I will pay you this amount of tokens I want to be cleaned I give you
this amount of tokens and in this way the the pot is basically in the
ecosystem acting on itself and it’s collecting money so also by these
actions it create local employment also with the creation the manufacturing of
the pot it also creates local employment of course it is being produced with open
source and open hardware so it will be produced in it and container as big you
you need will be 3d printed and put together
somebody can also make money on that so also acting that system so it creates
also in the manufacturing it will create local employment and on top of that the
money that it profits it will not go to an organization or person know when he
has enough money in his wallet he will reproduce himself he will make a baby he
will send out an order for a new pot to be created and this way the money stay
circular in the ecosystem in the goal that the zero profit organization has
and this is of course a complete new way about how to create infrastructure an
infrastructure that is much more let’s say instrument to the society and it’s
much more you can compare to nature because it will exist when it is it is
relative but it will also die like in nature and it
relevant and will be replaced by something new so this is about mobility
but think about social welfare or education there are also way or let’s
say the growth of vegetables that you can share in a community all together
and there are also some plans that we are working on so it’s time for freedom
it’s time to get more of this sovereignty more of you to get more into
control about what happens around you to have less government to have less
involvement of big corporations and to start thinking about how do we want to
see certain things because there is one other thing that scares me a little
it’s about when you look we live in a surveillance state but not so much by
the state only also by big corporations because Facebook Google they know much
more about you than you know about yourself because they collect all the
data and you think that you are let’s say using a free product no you are the
product and they are tracking everything around you about what you do your
collecting your complete digital footprint and using that to sell you
more to consume more and to influence you to put you in ecological and into
echo chambers about what you hear what you want to hear and not see the bigger
of it is being used to rigged elections to to to basically implement you with
ideas that they want you to think and that needs to move away and especially
blockchain can can play an important role in that that we get back our data
sovereignty that we control our data that we choose with who we share this
data and that we are not the product because it’s very important that our
let’s say online identity is safe that we can save
interact online and eat government is one of the things where a lot of
advancements can happen that you can be much more an active citizen and
controlling what happens so when I look in this room I hope I see a lot of time
travelers and SEO of people that wants to add something in the future to our
freedom that wants to make the society move forward that we have more
sovereignty and all all together so I want to ask you all be the crazy one
because you have to be a little crazy to be the time traveler and I want to thank
you all for the attention be the crazy one and move to more freedom

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