Member-only story
Why Blockchains Killer App is Hidden in Plain Sight
Blockchains killer app is already here
It’s just not very evenly distributed yet
It is individual personal sovereignty over every Bit of our personal data footprint. Which is a fancy way of saying every person in the world will own and decide what happens with all their personally created data. We take back control over everything we contribute to, create or touch online and become the gatekeepers of who we grant access to. Open data becomes closed personal ownership where we are the guardians of our own fate instead of the exploited parties whose privacy is being stolen.
The how is even simpler
Every person becomes their own Blockchain
Access to information is granted to third parties through smart contracts that automatically sever the connection at the expiration of the deal. The data remains on our own blockchain servers meaning the third party never possesses it leaving no potential for the costly leaks that have grown in frequency. We grant them access rights for a limited period of time and control exactly the information we choose to share. It could be access to our driving history to our car insurance provider, our spending to our mortgage lender or…