Analysis in Chains - News and Views on Blockchain

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#178 - Incentives for a new economy

July 3, 2019

Hey everyone!

This week I'm going to be speaking at Tech Open Air in Berlin. I was invited because my company, Minespider, is involved with an interesting blockchain use case of tracking responsibly sourced minerals and metals in the supply chain. We're working to eliminate human rights abuses in the products we buy. 

One of the things I learned from running Minespider is that much of the reason there are atrocities going into our products in the first place has to do with the way our economy is structured.  It always comes back to the incentives.  Is there a way to change the rules of the economy so that everyone races to become the most responsible company?  Maybe. It sounds like the kind of challenge blockchain is built to tackle, doesn't it?  

 

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