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How Blockchain can transform India | Jaspreet Bindra
So the men behind me looking over my shoulder, is I'm in mind, though he also happens to be my boss couple of years back, he wasn't in new york or in a car in a cat, actually probably a new book and any chance to form this news item and they didn't. Their duty saw this new you worded they're called block chain. What intrigued him, however, was that block promise to do and to disrupt companies like uber the same big companies like what what district think his company and so like many things that he doesn't understand the fastest, wanted to me to figure it out. I obviously had never heard of the word, but often before and as I scrambled to figure it out what it means war. Is it some kind of technology? How is it fair? I I chanced upon this particular conference called consent. Yes happens in new york every year, it's the world's largest, ah a blockchain gathering, and I ran day and in two days is dead. I was completely blown away. I realized a few things. One that dropped. Ten was like the internet in the nineteen nineties, but it could be aspect to that. It wasn't. They use schedule things in it like he call myself social, networking or email which are use cases off the internet, but it was something as fundamental battler to the internet. Three that it first sounded incredibly simple, but it was very complex to understand, for it had the potential to change our life in the next twenty years. The same way that the internet has changed in the last twenty and five. Finally, and most important rupturing was not spider, be I b c or I, and so the over what is blocked in so most of few. If I was to las que osama few, if I was to ask you what is blocked in most, people would say that that's the technology behind bitcoin or crypto currency on one of those, if is true, but it's like defining the internet as the technology behind he, which is also true, but it doesn't really even begin to describe the internet. So there are different ways to think about. Blockchain had a one way: it's ten gulf blocked chain. As this one big ledger in the cloud know you don't let just despite looking like this are very important venue for everything that you own, including money, is nothing but really entries on a ledge. So funny is that if you send money, for example, from the us dear friend, in zambia, it's not money which flies from here.
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