Blockchain and Cryptocurrency: People, Culture and Tech
After “The Social Network” chronicled their accusations that Mark Zuckerberg stole the idea for Facebook from them—and the legal battle that ensued—the twins are now producing a second movie that will tell the story of how they became billionaires thanks to Bitcoin.
The peer-to-peer, open-source protocol said it wants to help individuals and organizations monetize ideas and data by allowing them to reach their desired audience without relying on a middleman. In a twist from rival platforms, users will be able to choose exactly how they get paid rather than relying on a platform-specific token.
The infrastructure eliminates the risk of there being a single point of failure for a DApp—crucial in an age where tech companies live and die by how reliable they are.
Deloitte’s 2020 Global Blockchain Survey revealed that 83% of respondents believe digital assets will serve as an alternative to fiat currencies within five to 10 years—or could replace old-fashioned banknotes and coins completely.
