How Smart Contracts Will Change the World | Olga Mack | TEDxSanFrancisco

[@thomasdixon8656]

This is gonna be one of those Ted talks that people are gonna regret not hearing about sooner

[@jimmyking92]

Checked

[@alfa77qwx13]

Already it is

[@fusion9619]

Already is. Now playing catch-up

[@kingkang6877]

Seeing this for the first time

[@suleymansayar8080]

@@alfa77qwx135 ,ž

[@mufimf]

good talks, just skip the intro and go directly to 4:15

[@emmaphilo4049]

Thanks

[@jodyisaacs1553]

Special place in heaven for you.

[@srebrnimedved]

Spasiba

[@vodahoe1967]

I enjoyed listening from the start to know who the person is presenting this powerful presentation.

[@hawkeye1448]

Thank you

[@guiAI]

One day when people start realizing the value in this, and when the paradigm changes and people will have to adapt to this new way of transactions, then this will get a lot more views.

[@tenminutetokyo2643]

One day when people realized how duped and enslaved they have become they will wish this never happened. Do you really want a central bank interferring in a private contract between you and someone else?

[@버핏사생팬]

So what should i buy..? eth?

[@guiAI]

@@버핏사생팬 eth is a good long term investment. It is a coin of quality in all aspects

[@버핏사생팬]

@@guiAI how about solana

[@guiAI]

@@버핏사생팬 i never heard about it

[@mumo]

This is the first explanation on smart contracts I have seen thats so simple and without any jargon.

[@s.k.6616]

Say the word Cardano. I am now in. Late to the game, but at least at the party.

[@washingtonlgois]

It's never too late while we're alive. :D

[@fabiovieira4515]

Me too

[@darraghshiel8944]

You're very early my friend, definitely not late

[@s.k.6616]

@@darraghshiel8944 I am in for 25k coins

[@kvetinacx]

dont say you are late... they havent even launched their smart contracts yet :-)

[@kingmonras]

I am here on this video on 26 April 2021. See you in 10 years.

[@ReedoAce]

Make sure to set it as a calendar reminder ;)

[@kvetinacx]

see you here :D pass me a notification then :D

[@PeterParkerBushDid911KirbyPepe]

Amen brother

[@Jimo225]

which cryptos u investing in?

[@kvetinacx]

@@Jimo225 research all the smart contract platforms, they are all still in early stages and very cheap, even Ethereum is still cheap

[@clijeron1973]

It's so great to hear the many applications of Smart Contracts. This makes it a lot easier to understand this complex term. Thank you Olga !!

[@cdjwmusic]

This is the kind of talk that people really need to listen

[@jamesthomas1244]

Cardano will allow people to write smart contracts without programming skills. The user-friendly smart-contract network that the world needs.

[@unlockwithjsr]

Even so, programming skills will always be necessary, imagine how you will tackle a problem with the system when maybe it collapses or simply has a bug.

[@zb7016]

@@unlockwithjsr JamesThomas has a great point though, if u look up "the ocean,the island and the pond" , u will be happy that u have watched that vid ;)

[@srinivasanraghunathan8656]

Yes, Blockchain entities like Cardano, Dfinity, Brave Browser are going to make our world a functionally beautiful !

[@rbs4679]

good thing I invested on Cardano early this year 👌

[@anthonybeasley7076]

@@rbs4679 Indeed! I'm curious. Did you sell at the top of this last run? Or are you hodling through?

[@progidy7]

"Smart contracts are amazing! They can take a census! Or you can rent your backyard to an urban farmer! Do a kidney swap! Pay artists!" She never explained *how*, or why it's better than the existing way of signing a contract. There's already ways of trusting other parties by making copies.

[@haarismemon]

Completely agree, I was thinking the same thing. She talked about different scenarios but never explained how smart contracts would be used to achieve them.

[@Slick_Bill_Tingle]

You can reneg on traditional contracts. Smart contracts you cannot.

[@oscarmora347]

Cardano crypto will make smart contracts very affordable, and make more accessible for everyone around the world with its new Mary Hardford update.

[@tenminutetokyo2643]

And lead us all into slavery. Digital slavery.

[@christopher.j.m]

@@tenminutetokyo2643 you're absolutely right. we need all this info on paper

[@bahmak2003]

Cardano shillers and hypers unite!😂😂😂

[@heycarmiv]

Thanks for explaining smart contracts & blockchain precisely! I love how emerging techs are now alleviating our problems.

[@vincenzoc7008]

She didn't really explain anything.

[@0xrpj]

@@vincenzoc7008 I think you listened to the talk on mute.

[@abmount1]

Great, and life changing 17 minutes... From second 01 to the end. Thanks, Olga Mack for this.

[@sandroeugenio]

This is the best explanation I have recieved about the Smart Contracts!

[@jgree89]

Buy Chainlink and wait.

[@alfa77qwx13]

For 50% loss

[@anymoose]

@@alfa77qwx13 LOL!!!!!!!!! EPIC

[@TokenGovernment]

Keep up the good work son

[@elbing89]

❤️❤️

[@kathleensmith5217]

Wish I bought chain link 6 months ago.

[@mikehagen1484]

This whole time I was waiting for a talk on smart contacts lol. I still learned a lot about smart contracts. Thank you Olga.

[@WeRTheKfamily]

llmaooo

[@cauebraga]

That's incredible. Big shout out to this woman, very nice examples of how Blockchain will be revolutionary and change for good people's lives.

[@fj12n3]

As a developer, I don't think she sufficiently justified the need for blockchain/smart contracts in those examples. Based on her descriptions, they could easily be implemented without blockchain (with perhaps even less overhead)

[@Iamnotasuit]

I was thinking the same thing. Why do these scenarios need smart contracts?

[@dysonfilmstw4764]

@@Iamnotasuit Beacuse smart contracts don't require a third party. So there will be no trust issues unlike the traditional network, where you have to build a trust for the transaction to complete.

[@shansen008]

@@dysonfilmstw4764 Exactly, the decentralized nature of chains like Cardano, to use an example would eliminate the need for escrow companies for example in a real estate deal. The chain holds the transaction in a escrow account until the contract is fulfilled, then could deposit the money into the previous property owners wallet.

[@noneofyourbizness]

immutable ID for refugees ...can't think of another way of guaranteeing that ...especially at scale (and offering permanent, near global access to that ID for when they return home, post war/crisis) urban gardens: incorporating an immutable, trustless, highly secure and verifiable and individually tailored agreement between renter & owner would be absolutely essential in order to persuade owners to sign up their gardens . as well as to formalise the terms of access and to reassure home owners that leasing out a part of their property (garden) is safe and that they can terminate etc without dispute. would you let stranger/s access your garden 2 or 3 times a week without a background check and a binding contract to help protect you and your home? probably the cheapest, clearest , fairest tailored contractual agreements on earth.

[@nabhay583]

@@shansen008 How is it verified that the contract is fulfilled? Say there are 2 parties a buyer Alex & a Builder bob, and the Bob's building a home for Alex then Alex send the money in the chain. Now how is the transaction done?

[@kzac815]

The simplest explanation about blockchain and smart contract which I ever heard in my life so far.

[@planecrazyish]

Great video. Really enjoyed listening to Olga. Really put it all across really well, for the average person, to get their head around this very important topic.

[@vinay32724]

Olga delivered an awesome talk. I sometimes still question myself is smart contracts/blockchain the only way to solve this problem ? Are we solving a problem in a blockchain way rather than solving it in a much simpler way. Census, renting urban land in developed countries , matching kidneys etc are typically doesn’t sound like blockchain based problems for me. For me blockchain based problem basically should root from lack of trust on the service provider. One example is real estate in developing countries like India. In india , real estate registrations are done by the govt organisation. There are a ton of instances where people working in that organisations manipulate land records and register them to unwanted people in exchange of a bribe. Typically there is no transparency log available to verify the authenticity of chain of transactions and no way to validate double registrations. Insurance is another sector I believe the people are at mercy of the insurance (service) provider to get the claim processed rather than defined agreement. Probably solving these kind of problems are more impactful

[@argusfest]

Blockchain and SMART Contracts are going to micro-manage and control our lives beyond anything we can imagine. SMART is an acronym for: Self-Monitoring, Analysis, and Reporting Technology. This is about surveillance and control, not liberation. Life will increasingly become a series of conditional privileges you must earn based on criteria created by banks, corporations and governments. Think of enforcable automated terms and conditions on steroids. Of course a lawyer would be in support of this.

[@TheStubertos]

Considering we are entering an environmental crisis where our consumption will need to be massively controlled, I actually think what you just said helps the cause of SMART contracts ;)

[@GBlunted]

Of all the monotonous TED talks on blockchain stuff, this is one of the better ones for sure... 👍🏽

[@softwareprofessional7043]

SMART CONTRACTS : 1. They Store Rules. 2. The Verify/Validate Rules. 3. They Self Execute Rules

[@enthamwonoose3116]

Explained in a nutshell.

[@TheCryptoTeam]

Thanks

[@jotstar16]

Brilliant talk! Love her passion for Blockchain!🙏 it’s September 2021 now and the art she speaks of…NFTs… are selling for millions!🙌🔥🔥

[@enthamwonoose3116]

Yes!

[@zenowl3093]

Beautiful and the best description of smart contracts, thank you!!!

[@arifashaikh1411]

Very well explained from lawyers perspective ... Thank You Olga

[@MrManatee555]

so few views... we're still early friends

[@randybarrios8401]

I love you bro

[@vodahoe1967]

In depth and brilliant examples of how smart contracts resolve alot of issues that were otherwise impossible.

[@jacobmarley2417]

i disagree

[@pacman0825]

*I'm glad i got into crypto when I did because it’s been a turning point for me financially, been my best decision so far*

[@stellaalien2105]

as someone who has learnt to be independent on my own I started my first investment plan with just a $1000 and now earning weekly income of $5000 in cryptocurrency exchange with my personal broker

[@sephir0th776]

Inspiring! do you think you can give me some advice on how to invest in a healthy way as you are doing?

[@stellaalien2105]

I will recommend my current trader Mrs Juan Stacy, i met her at a conference in USA and her strategies are earning a lot of profit for me

[@stellaalien2105]

*you can reach out to her on telegam.........*

[@stellaalien2105]

*investwithfxstacy1 is her user name.......*

[@tyogrady1541]

Some of her jokes in the intro are actually pretty good.

[@dreamyslopes2150]

the intro is good.. people hate humanness nowadays

[@sunnytoppo7466]

They are extremely cringe.

[@Skaz1hiphop]

that vending machine analogy... stealing that!

[@dannyiskandar]

smart contract is basically an IF ... THEN function. IF x THEN do y, that is the gist of it. this is a foundation rules in software programming OR they way we do business. IF 'you give me $100', THEN ' I will give you 15 min massage'. IF 'you give me $200.000', THEN 'I will give you my house'. You get the point. Our world is run by this 'smart contract' or 'IF ... THEN ...' rules. That's basically it. This is why smart contract blockchain is going to rule the world, because our world is already run by smart contract BUT not in the blockchain. Blockchain just so that NOT ONE ENTITY controlling it. Right now, we have to 'TRUST' a person, an entity, a company, a government .... In blockchain world we don't have to 'TRUST' anyone, so it is more Neutral.

[@bambinoesu]

thanks for simplyfing it

[@lauriereid6514]

Profitable traders can't start all by themselves they start with experts first then while making profits learn how to be profitable

[@queenjones5692]

I believe that companies and billionaires money make profits by trading with expert traders

[@josephinerespect1860]

Making profits is not hard while investing with an expert

[@houstonlivine7627]

That is why I want to hire an expert Stephanie William she trades volatile forex market and bitcoin trading

[@elizabethjohn5938]

How many days does it take experts to make profits

[@evanslegend9709]

I've learnt that investment is the best way to preserve wealth

[@slodoco]

What is the difference between a smart contract and a real contract? Is the benefit just a better way of storing the contract? Does it depend on the network? What if the network crashes and fails? What is the carbon footprint of this? Olga Mack left me with more questions than answers. Which is a good thing.

[@terrellkendle]

Is she talking about chainlink???????

[@lahpiye5229]

The most advanced smartcontract at this moment is cardano

[@andrewlanham7914]

A good intro to smart contracts, though the examples do not make the need for smart contracts over existing technologies clear. Why is the decentralization and anonymity offered by smart contracts necessary in these examples?

[@basilak9290]

Blockchain is the next Revolution 🔥

[@glitterandguitaars]

This was phenomenal - thank you!

[@hgiangphan]

This vid is more suitable for folks who don't necessarily have a technical background but want to learn about the technology (which is a wonderful thing!). Someone else with a technical background might be better of watching/reading more concrete, technical materials

[@enthamwonoose3116]

Can you suggest some? I'm a lawyer who is interested in tech

[@FrankensteinintoFranken-FINE.]

There will be many smart contract platforms. Pokadot, ADA, ETH etc. Its getting in earlier now and investing in these projects would be the best thing you do for a long term investment for you and your family. Better than a pension.

[@NeilAC78]

I would not be so certain. There's a lot of regulation coming down the pipeline affecting these platforms with the FATF global virtual asset proposal. It's still a gamble at this stage.

[@Jimo225]

@@NeilAC78 i dont think gov will stop this train

[@NeilAC78]

@@Jimo225 It is very easy to stop this train. Watch what comes out of the recent Uniswap SEC investigation.

[@Jimo225]

@@NeilAC78 what is going to come out of it?

[@NeilAC78]

​@@Jimo225 The outcome is the SEC is going to find out that Ethereum facilitates more criminal activity than all of history combined. Unlicensed financial products, derivatives, money laundering NFTs, stablecoins and the infinite scams and ponzi schemes being created every day.

[@frosty2660]

$link

[@happyinc8231]

Benito Maxwell literally none of these applications use ChainLink nor will they. Crazy how overhyped this project is.

[@Solomon73247]

SHHHH

[@Bane92]

Happy Inc damn this didn’t age well

[@stoffeh6547]

@@happyinc8231 big yikes. only the small company of google btw

[@duhbead]

@@happyinc8231 really didn't age well

[@this_mfr]

"When I was 27 I went to the local 7/11 for a coca cola. You know how everyone LOVES coca cola?" *the one lady in the audience* BWAHAGAHHAHA "OHHH YEAAA!" 🤣🤪😜😂🤪😁

[@christiansantos7164]

6:20 smart contacts begin here.

[@TexasBoyDrew]

Haha thanks

[@csantaniello]

I've never seen this before and it's beautiful. These are the reasons because I love Blockchain.

[@bigchungus1886]

I really regret not watching this sooner

[@henryknox99]

You're still early

[@abinthomas6390]

Getting the bigger picture of smart contracts makes it easier to understand and evaluate it.

[@mercij7517]

Grateful to be watching this - the world will change

[@constantined9015]

Imagine a world that the government binds you with a smart contract from the time of your birth!!

[@analyzetheblock1157]

imagine a word with decentralized government

[@mrty22]

sounds like the rapture? hmmm

[@mjs2296]

They already do you're social security #

[@TheSpartan3669]

@@analyzetheblock1157 What does a decentralized government even mean?

[@paulcatoera]

@@TheSpartan3669 it means people vote on the rules not set by few

[@jrmds2108]

Excellent prsentation with optimism for a future where news media is block-chained!!!!!

[@AlekieTush]

I wish I heard this earlier

[@Thecornerintheroom]

I’m sitting here thinking the same thing😂 we still have time to get in though!!

[@AlekieTush]

@@Thecornerintheroom I think so too. I bought Cardano and I want to forget it for like 5yrs but I can't stop looking at the charts 📊 😂

[@henryknox99]

You're still early

[@27531]

Buy Ethereum and hold...

[@tonyk4669]

Outstanding. Very well spoken and explained. Thank you.

[@deveyonellis4556]

2022 I’m learning smart contracts on my Mac 😂 I’ll be one of the best!!!

[@nwakakizito4572]

How’s it going 💪

[@andrewstrilaeff5571]

A real good primer on smart contracts. Everyone please share this to increase the views.

[@realestate360global3]

We are here Changing the world by Smart Contracts...Rocks

[@Bane92]

Smart contract talk and no mention of decentralized oracles? Did I miss it?

[@ittanbantan]

Here comes Cardano

[@brendandennis426]

@@ittanbantan Sean is talking about a different project. A secure middleware if you will. Shhhhh. ;)

[@jeffroberts3384]

Cardano ADA is about to lift off!!!!!!!!🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀

[@zagreb2012]

Buying Chainlink $Link and holding 😊

[@elbing89]

Tomislav B how much you think it will go up

[@Alexander-bp5qh]

@@elbing89 $10 absolute Top. You are too late

[@cupule_acorn]

Never too late, just buy some

[@Aaaaaaaaaaaaaaaaaa69]

I hope you still dont think itll only go up to $10....

[@TheTruthSeeker235]

Its at $13 right now

[@teegamew766]

LIsten this at 1.75 speed. You will thank yourself.

[@reemlewit743]

I’ve been trying to understand the hype and wisdom behind smart contracts. This video same as all the many others iv’e watched doesn’t really explain anything innovative or revolutionary. They all mention the vending machine example. Great so a digital vending machine this is the upcoming revolution? Any IF stipulation in Visual Basic, or C+ does the same for years. Storing data anonymously? Any ordinary survey is capable of such. Executing contracts automatically to rent office spaces? Isn’t that a commercial Air B&B? There are many comments of excited people who seem to understand the profoundness and invocation of smart contracts and I simply ask what is it that makes it so great and promising? I am not trying to be cynical and I am a huge fan and investor of crypto. Just really trying to get a good understanding of what seem to be the future and none of these you tube videos explain anything significant. Would appreciate an answer from anyone who has this knowledge.

[@omoOluwa]

Let me take a good guess, are you trying to understand what smart contract is and it relationship to cryptocurrencies?

[@omoOluwa]

Smart contract can be immensely valuable in Nigeria, where I'm from by the exact attribute that is a public ledger which is immutable. Here, I see a wide range of vital applications - land ownership and history can be properly documented and verified and all sort of properties ranging from intellectual, tangibles and non-tangibles. Issues around the history of culture, language, art, education, families, villages and the entirety of the races can be resolved, inclusive and again Immutable. More interesting, this all happens at lighting speed and without the administrative complexities. However, I have my fears too, as human prejudice can alter the purity of data that will inadvertently be taken as immutable.

[@reemlewit743]

@@omoOluwa I appreciate you taking the time to answer however you response is again exactly reflects what I expressed in my comment above. Everyone is using high words and bombarding statements like - vital applications, endless uses etc I still unable to understand what smart contracts adding to today’s existing technology. Storing land ownership data? come on this can be stored on any computer using simple softwares. If you can just give 2-3 real life examples of smart contracts in places that are vital and cannot be addressed with endless other existing softwares and/or technologies.

[@尼安德鲁-n6j]

I feel your pain😬

[@enthamwonoose3116]

Well, as a lawyer trying to learn this tech let me give you an example. Hope you know about NFTs. NFTs are collectibles in digital format and it can be digital art, virtual world, or a customised gun in any game. When you buy that stuff, you will get the ownership, and say in PubG, the gun you bought can't be sold away. But by smart contracts, you will get the ownership of the gun so that there will be more room for creativity and these customized stuff we buy can be resold as the transactions can be recorded in the online ledger. No one can copy that particular stuff as a rule based copyright infringement system works unlike an AI systems in KZbin how it works now. Similarly land records can't be changed as transactions are immutable.

[@nhinternesch]

Does anyone know the name of the 2nd example (urban farming start up) she is referring to and whether it still exists?

[@Pu99et]

This sounds like the solution that Cardano is building.

[@emerson3070]

It's Cardano, what I thought EXACTLY! lol

[@juncearyoutube3336]

Cardano is basically copying Ethereum concept, with little success so far.

[@emerson3070]

@@juncearyoutube3336 Really? I know some people that worked on Ethereum are working on Cardano, but the selling point of Cardano is it have lower transaction cost

[@dipeshsahota4901]

Nooo it's Ethereum!

[@michellekwambo]

What a great talk!

[@louisbademosi9250]

I find it so baffling that smart contracts and related technologies haven’t received more attention! It might just be a key part of yet another technological leap forward. Here’s to 2030, when dodgy websites can’t steal your money because a smart contract has bound them to the deal!

[@TheStubertos]

I still don't understand how Smart contracts can do all these things better than the conventional technology we have today...Can someone please explain to me exactly why smart contracts can do these things? I was under the impression that this could already be done without smart contracts.

[@BenyThePooh2]

Smart contracts have a very narrow use. Give it 4/5 years and the hype will be over.

[@tosanesoko726]

Buy and invest in Ethereum, one of the biggest smart Contracts platform.

[@jeffroberts3384]

I’m good. Cardano is about to mop the floor with ETH!

[@frankfromupstateny3796]

Nice job Olga. Cheers to you.

[@OtobongPeter]

Thank you so much Olga, insightful

[@notyouagain7220]

We’re getting closer and closer

[@brockman562]

She made it easy to understand.

[@courtcrea.]

Amazing talk.

[@pattersonellen]

Going mainstream. Creative Artists Agency (Hollywood PowerHouse) is now powering Theta token on its 15th node. Deal in the making for 1.5 years. Finally signed off last month. They represent Beyonce, Tom Cruise, David Beckham, Jennifer Lawrence and the list goes on. Tfuel needed to buy nft's. Tfuel staking 30th June.

[@michaelhord]

Politicians don't care what the people want, they only care about what their donors want

[@jonnymahony9402]

let's get rid of the donors, don't implement this horrific technology

[@evangelinewebster]

I'M NEW TO CRYPTO TRADING WHAT'S THE BEST WAY TO GET STARTED WITH TRADE COS I'VE BEEN MAKING MY PERSONAL RESEARCH FOR A WHILE NOW I DON'T KNOW HOW TO TRADE ON CRYPTOCURRENCY ?

[@addisonhernandez1933]

As retail traders, this highlights the importance for understanding what conflict of interest exists when people create content around any specific trading platform/ strategy.

[@christinebishop8487]

This thing about been successful has to do with working towards your goal and not giving ears or attention to side thoughts

[@jaidevbasak5834]

How can someone know a professional business account manager that is trustworthy and legit they are hard to find this days

[@toddchambers138]

I highly recommend Mrs Olivera Jane okhumalo, she is my current trader and her strategies are working.

[@byronjohnston5162]

@@toddchambers138 Wow I'm amazed you mentioned Mrs Olivera Jane okhumalo

[@terrytan1827]

Great talk and share about really great use cases. But as a developer, I think we can still develop it without using blockchain, which I think I still don’t fully get it. Can someone explain more on how it is better to develop using blockchain technically?

[@Zenith226]

well, idk why she said those examples but blockchain is veeeery god to save data its like the most secure tecnology atm so for transactions,id numbers or to save another important data is very useful. smart contracts are applications that save,send and receive data on ethereum using blockchain with consensus protocol

[@nabhay583]

How will you decentralize the trust required to make a bc entry? Without bc the only way to do it is via an intermediary, no?

[@dl662]

Think of it as functional programming, you trade off functionality for immutability, yet for some it’s a world changing feature!

[@SaeedKemper]

Thanks for sharing such valuable information! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How should I go about transferring them to Binance?

[@SpecialK2644]

People are funny. This is her TEDX what's with all the complaints? Just listen or leave!

[@MrNasimahmad]

She talks about what a smart contract can do but not how it can. So many examples of what can be done. Not not a single example explained how smart contract is being used.

[@noneofyourbizness]

refugee now has ID that CANNOT be deleted, changed or lost . not by anyone or anything. only blockchain tech can do that.. and ID is a very big deal for the vast majority of those fleeing war zones. ID means access to banking, welfare, employment, phone /internet contract etc etc

[@Ricardo-bo8xv]

No me he enterao' de na'!! Muy atractivo, pero ni me he enterado de qué es un Smart Contract, ni cómo funciona y menos aún cómo llegaría a materializarse en todos esos fantásticos supuestos que nos ha presentado.

[@TheBarla]

Actual content in smart contacts starts at 4:15

[@mikhailmcrae5924]

Imagine a world where providing all forms of business becomes too technical, monopolizing the entire market to big corporations.

[@TheCryptoTeam]

We live in a world where businesses don’t explain anything, so they can scam people.

[@SkarneZ]

Hahahahaha incredible. Buy $LINK, $ETH, $IPSX

[@Amedeosiano]

link gonnnn hit $30-$40 is a steal, same on eth....easy 10x from 2.4k....

[@shansen008]

CARDANO!!!!

[@pendyaaa]

None of these applications really require blockchain technology. I work in the space and wish it grows. But I am still having trouble convincing myself the applications of this technology beyond financial and gaming

[@BenyThePooh2]

Smart comment : )

[@Einnor084]

Everythang, iz bizness.

[@Einnor084]

Proof: Any word, attached 2 SHIP, dnotez bizness....... SINsorSHIP RelationSHIP TownSHIP FellowSHIP GamesmanSHIP CitizenSHIP FriendSHIP StatesmanSHIP OwnerSHIP & on & on & on.............

[@nomad_citizen]

@@Einnor084 really catchy note here. essentially web 3.0 is about data ownership and freedom of data usage as a result of liberated ownership. It's not about functionality which is a solved topic in web 2.0

[@nomad_citizen]

Investors said the startup ideas needs to be "crypto native" loll

[@gahbah274]

So...how does it actually work? All I got out of this is that it's a vending machine for contracts. Who decides when the contract is fulfilled? How is it fullfilled? What is to prevent someone from simply not paying? This isn't discussed at all!

[@shansen008]

TO oversimplify it: Your id is on the blockchain, you decide you will buy property from another party. A smart contract is produced. Perhaps it creates an "escrow" wallet where funds for the purchase of property can be deposited. Once the purchase price is fully deposited to that wallet, the digital NFT representing the deed or ownership of that property is transferred to the new owners wallet and the crypto in the "escrow" wallet is transferred to the previous property owner. No banks involved. Oracles like chainlink and others will probably start to harvest data off the blockchain and form a sort of credit reporting service so you can tell a persons rate of default on these types of contracts. With a little imagination, the possibilities are endless.

[@360.Tapestry]

goodness gracious, did we need a four-minute bio that contributes nothing to the topic?

[@noneofyourbizness]

it did contribute to the topic. BC/SC tech WILL make the world 'better' 'more functional' and 'more just' . her little background tale, though likely mot true, tied the whole talk together, from start to the finish. ..IMO

[@hz7988]

great talk. ethereum blockchain is going to change the world

[@John-wx3zn]

I appreciated that. She is so nice.

[@grandamor.studio]

my ducks are in a row.

[@StevenPennyphotography]

@sledwar what does that mean ? My ducks are in a row

[@mooch4274]

@@StevenPennyphotography Prepared ahead of time

[@wanderingknight10]

17 minutes of shallow information...typical TED talk.

[@MedRider]

Nice speech. Straight from the book

[@jacobmarley2417]

I found this to be a poorly argued case for smart contracts usage.

[@nomad_citizen]

yep, a lot of cases she presented do not have a compelling reason of why current web 2.0 application can't achieve

[@HypnoticHollywood]

She didn't explain the practical application of smart contracts for everyday people to benefit.

[@thinkngskeptic]

Yeah too abstract

[@ihorbond]

Dont get me wrong im excited about smart contracts and this is a good intro but example with census, what’s the point of having it on blockchain ?

[@mattprieto7179]

Improved accuracy, data storage and comparable analytics and higher volume of engagement from “the people”

[@noneofyourbizness]

..and public can view that anonymized data, so we all have the same census data/ info that the politicians have and were given....might make them think twice before telling lies and/ or spending the money needed for new community projects on their rich mates instead. GREATER ACCOUNTABILITY = better, more functional, more just world

[@ihorbond]

@@noneofyourbizness I do want to hold gov accountable but census data is and should stay confidential imo. It was wrong that gov used it to track down japanese living in the US during WW2 and then muslims and middle easterns after 9/11. Personally i wouldnt answer census and it’s not required as long as you dont give false information which is punishable

[@swaspc7618]

Does anyone know the name of the decentralized art network in New York? 15:10m Thanks!

[@kellyannonline]

Great presentation, Olga! Tell us what you are up to today :-)

[@naveendasa3034]

I still don't understand how this is different than websites and applications we have today. In the urban farming example, I don't get exactly what smart contracts do. Can't you just have a website where you match people who want to farm & people who have backyard space to offer? What exactly does the smart contract assist with?

[@Bubbalubagus]

Absolutely nothing, you are wise to not fall for it.

[@BenyThePooh2]

Thank you ! Don't drink the Smart contract Kool aid - hype will pass .

[@Eiraart]

imagine a world where all politicians had to use smart contracts - most of those in power today would never go into politics if we could see where all the money is and who's getting paid - here in Ontario Canada they closed 2 gas plant to secure an election and cost the tax payer 2 billion, then they hired someone to erase all the office computers and like magic no accountability or punishment happened to the party but the guy who was hired to erase the computers got 2-3 months behind bars cause he wasn't certified to work on government computers. If they had used a smart contract their would be politicians behind bars and the taxpayers could've seen how the deal was executed and why it cost 2 billion. We're at a time now where there are no good excuses not to put government contracts on the block-chain and make them accessible to the public. I know Cardano has started working with countries in Africa to build peoples trust with new governments and its time for the west to do this too.

[@Sicaoisdead]

Wtf the first 5 minutes is basically her talking about how great she is.

[@dreamyslopes2150]

well she's interesting r u jealous

[@Jimo225]

maybe u should go listen to a robot

[@justinaaqlong743]

People you need to buy chainklink and wait for 8 months.

[@elbing89]

Justin aaq Long how much you think it wuld go up

[@lgcfsr]

This aged well

[@TheTruthSeeker235]

You were right

[@1977Kingsolomon]

Well played Sir

[@lucaspoteet1611]

Very well-aged