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.

Bettina Warburg: How the blockchain will radically transform the economy

How the blockchain will radically transform the economy

Blockchain transforms trade by lowering uncertainty, enabling decentralized, transparent exchanges of value without intermediaries.

By storing immutable transaction records across peer-to-peer networks, blockchain technology fosters trust, transparency, and security.

Blockchains promise radical economic shifts, turning uncertainties into certainties through technology, evolving traditional institutions.