Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Dr. Jane Thomason - Author | Futurist | Social Entrepreneur | Experienced CEO and Founder
Description
Welcome to this week’s Digital Bytes. This week we have analysis on the following topics:
Blockchains are changing the way you buy your home - blockchain technology has already been successfully used for a number of years in Australia by a company called PEXA, which has recorded over 11 million property transactions. The same firm has recently set its sights on the UK to revolutionise the way in which mortgages are handled and processed. Digital currencies now offer those involved in buying or selling a property an increasing range of options to pay for real estate and avoid many of current costs - potentially much to the chagrin of existing lenders and intermediaries in the property sector.
Takeaways from the FTX’s fiasco - FTX has stolen the spotlight in the crypto world since Terra Luna crashed in May. The fall of the FTX crypto exchange does raise questions regarding the cause, competitors, Sam Bankman-Fried himself and effects of its demise. What lessons can we learn, apart from there needing to be greater corporate governance in order to avert what happened to FTX occurring again?
Asset management firms increasingly turning to blockchain solutions - aside from automating many of the tasks associated with inventory management such as data entry and asset tracking, Blockchain increases trust, security, transparency and traceability of data shared across business networks. It is therefore not surprising that asset management firms are increasingly turning to Blockchain solutions.
Blockchain, Web 3.0, the “7 c’s” and the future - Dr Jane Thomason, a globe-trotting futurist, is passionate about how technology can help us have a more sustainable economy and here shares her thoughts on Web3, NFTs, Defi, Metaverse and a lot more of what is to come in 2023. Jane brings a unique perspective and observations since she interacts with a wide diverse community of people across the world in the commercial as well as the not-for-profit sectors.