Re: 4th industrial revolution and what part in it blockchain might play
Industrial Revolution is basically an overhaul change/ revolution in the mechanism of industries and ways of producing goods and services. As far as I know blockchain is a wonder of the world which has the capabilities of secured storage and transmission of data. As you are saying that 4th revolution could be data driven then I think we already our experiencing such revolution even without inculcating blockchain properly. I mean you must have heard of UX designing or analytics. Every key and click on our keyboard is tracked down by the major internet giants who use this information for broadcasting of services of the users paying for advertising. I think this already has given a 4th Industrial Revolution. Blockchain can't be directly linked to production processes and industries but yes with higher adoption of blockchain data storage and transfer could become really easy.
We are now in the era where if data is considered as the new oil and anybody on the control of data can make good money out of them. No wonder why data is becoming a highly regulated commodity as the government is stepping in to the game making sure that rules are being followed in the gathering and utilization of data. Now, blockchain technology is coming at just the opportune time as this technology can be revolutionizing everything on data and the way we are using them.
Things are falling into right places. The revolution of the internet starting the spark of the 4th revolution as this is paving the way for new technologies to be developed and be implemented. This can be the reason why the internet was called as the information super highway. Now, we are on the verge of another big revolution with the blockchain technology at the helm. It would not be a big surprise why big and famous companies are now staking their future with the use of the blockchain and even with cryptocurrency because they already have a clear vision of the future that we are now creating.
Nice Comparison Data is the new oil of 21st Century one who owns it, controls it & can use it in a way to sell services and products can become King soon.
We are now in the era where if data is considered as the new oil and anybody on the control of data can make good money out of them. No wonder why data is becoming a highly regulated commodity as the government is stepping in to the game making sure that rules are being followed in the gathering and utilization of data. Now, blockchain technology is coming at just the opportune time as this technology can be revolutionizing everything on data and the way we are using them.
Things are falling into right places. The revolution of the internet starting the spark of the 4th revolution as this is paving the way for new technologies to be developed and be implemented. This can be the reason why the internet was called as the information super highway. Now, we are on the verge of another big revolution with the blockchain technology at the helm. It would not be a big surprise why big and famous companies are now staking their future with the use of the blockchain and even with cryptocurrency because they already have a clear vision of the future that we are now creating.
Thanks for the reply! You are right the 4th industrial revolution had already begun
Since this is a forum for blockchain and crypto, Do you see companies like Lympo leading the way forward for the rest of the community? If you seen any other crypto projects with that much potential please share! 