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How the blockchain will radically transform the economy

4,594,121 views | Bettina Warburg • TEDSummit

Say hello to the decentralized economy -- the blockchain is about to change everything. In this lucid explainer of the complex (and confusing) technology, Bettina Warburg describes how the blockchain will eliminate the need for centralized institutions like banks or governments to facilitate trade, evolving age-old models of commerce and finance into something far more interesting: a distributed, transparent, autonomous system for exchanging value.

Say hello to the decentralized economy -- the blockchain is about to change everything. In this lucid explainer of the complex (and confusing) technology, Bettina Warburg describes how the blockchain will eliminate the need for centralized institutions like banks or governments to facilitate trade, evolving age-old models of commerce and finance into something far more interesting: a distributed, transparent, autonomous system for exchanging value.

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About the speaker

Bettina Warburg

Bettina Warburg

Blockchain entrepreneur and researcher

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Bettina Warburg is a blockchain researcher, entrepreneur and educator. A political scientist by training, she has a deep passion for the intersection of politics and technology.

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This talk was presented at an official TED conference. TED's editors chose to feature it for you.

Download an online education course on the basics of blockchain for your colleagues, students, friends or yourself. A beginner's course geared toward both busy executives and high-school students.