S5 E27 - 3rd July 2024 Digital Bytes with Jonny Fry and James Tylee ft: Adam Feiler of Minima
Description
Making micropayments using cryptocurrencies and stablecoins - micropayments using stablecoins and cryptocurrencies are poised to revolutionise the creative economy by enabling low-cost, efficient transactions. This democratises revenue, allowing more artists to earn sustainable incomes - even with smaller audiences - as well as reducing reliance on traditional channels. Blockchain-based systems improve data transparency and control, so aiding content customisation. Increasingly, the programmability of digital currencies is being recognised, enabling payments in ways that traditional fiat currencies are unable to do.
DeFi impact on agriculture - decentralized finance, or DeFi, has acquired considerable attention in several industries because it promises to lower intermediaries, boost transparency and democratise access to financial services. With its intricate supply networks and economic requirements, agriculture is a vital industry that is set to benefit greatly from DeFi advances. DeFi's potential to reshape agriculture raises exciting possibilities, so are we ready for this transformation?
Monetising genetic data: how can blockchain help individuals? - monetising genetic data raises crucial questions about consent and compensation. Surveys reveal a strong desire for compensation, with many unwilling to share their health data for free. Blockchain technology offers a solution by ensuring data ownership, security and transparency, therefore enabling individuals to control and monetise their genetic data. The convergence of genomics and blockchain could revolutionise data management, ensuring fair compensation as well as advancing medical research, whereby creating a new asset class of individuals to directly benefit from it and giving investors the ability to diversify into an uncorrelated asset for their portfolios.
Blockchain in motorsport: enhancing data security and fan engagement - motorsport has always been a game of precision where every millisecond can determine the outcome of a race. Team leaders require accurate data points to make informed decisions and choice the optimal strategy and vehicle for a driver. This precise information is essential for tailoring strategies to the driver's strengths and ensuring the best possible performance on the track. Blockchain technology, with its ability to provide immutable, secure and transparent data management solutions, is poised to revolutionise this high-speed sport by enhancing data security, enforcing compliance and engaging fans in new and exciting ways.