Bettina Warburg: How the blockchain will radically transform the economy
Bettina Warburg - Blockchain entrepreneur and researcher
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. Full bio
people's behavior for hundreds of years:
that facilitate our trade,
how we exchange value,
away from this talk,
is relatively new,
of a very human story,
to really explore the idea
about one another
"new institutional economics."
were really just formal rules
wheels to function,
over the course of human history.
within our village structure.
all of our trade with violence
helped us manage our trade
and the complexity grew,
we put these same institutions online.
like Amazon, eBay, Alibaba,
that act as middlemen
to lower uncertainty
all kinds of value in society.
we can lower uncertainty
and economic institutions,
is a decentralized database
of assets and transactions
gets locked in blocks of data
linked together and secured.
across this network.
on every computer that uses the network.
to something like Wikipedia.
changing and being updated.
over time on Wikipedia,
they're just a data infrastructure.
that stores words and images
as an open infrastructure
the digital currency Bitcoin,
technical details to the blockchain,
that stores transactions in a network
and hard to tamper with.
to transform our economic systems
of our everyday transactions,
like not knowing who we're dealing with,
if things go wrong.
not knowing who we're dealing with.
a used smartphone on eBay.
is look up who I'm buying from.
or do they have no profile at all?
about our identities
about who we're dealing with.
they're very fragmented.
to create an open, global platform
about any individual
issued you an ID,
and are signed off on.
and the digital world
could lower uncertainty
into our interactions.
that smartphone by mail.
is the same one that arrives in the mail
for how it got to me.
for electronics like smartphones,
that we don't want tampered with.
something complicated like a smartphone,
all of these different vendors
that go into making a product,
transparently a product evolve over time.
across nontrusting entities.
do not need to know each other
the chain for themselves.
that has the same efficiency of a monopoly
that central authority.
all sorts of companies,
without trusting one another.
we can have a lot more transparency.
or token move on the blockchain,
in terms of our visibility.
can lower our uncertainties about identity
what we mean about transparency
like in a supply chain.
and it's reneging.
that those contracts will bear out
you could think about escrow.
that all the conditions have been met.
of the most exciting ways
and their enforcement.
intervention to the edges,
from the real world to the blockchain.
floor Douglass North
that makes it work,
secure and verified,
all of that collective uncertainty
more and faster and more open.
to get the impression
is the solution to everything,
that it's going to end world poverty,
the counterfeit drug problem
is in its infancy,
a lot of experiments take place
all of the use cases
working on this,
start-ups and universities.
that it's not just an economic evolution.
in computer science.
the technological capability
and physical assets,
we're used to using in society,
a lot of our uncertainties
for the rate of adoption?
that's a really good question.
and government route first,
blockchain is a complex technology.
how the internet works?
the same John Sculley idea
invisible or beautiful,
neither of those things right now,
for either really early adopters
or smart contracts
of an enterprise or government.
About the speaker:Bettina Warburg - Blockchain entrepreneur and researcher
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.
Why you should listen
A graduate of both Georgetown and Oxford, Bettina Warburg started her career as a political scientist and public foresight researcher at a prominent Silicon Valley think tank. Today, she has taken her skills as a researcher and scientist and is applying them toward an entrepreneurial career by co-founding a venture studio business called Animal Ventures. There, she spends most of her time incubating new startup ideas, advising Fortune 500 clients, governments and universities in developing minimum viable products, and strategizing around blockchain, artificial intelligence, industrial internet of things and digital platforms.
Warburg is the executive producer of a Silicon Valley tech show called Tech on Politics, interviewing some of the world's most influential political operatives, entrepreneurs, government official, and the creators of some of the most exciting digital products on the market.
Warburg recently launched a new Blockchain education course called "The Basics of Blockchain." The hope is that this course will help spread the body of blockchain knowledge, inspire a new generation of entrepreneurs and get more people ready for the coming revolution.
Bettina Warburg | Speaker | TED.com