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We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry\u2026 and we throw in a few random zingers to keep them on their toes!<\/em><\/p>\n \u00a0<\/p>\n This week, <\/b>our 6 Questions go to Jane Thomason, an entrepreneur and thought leader in technological innovation, fintech and blockchain for social impact. She is also the founder of Supernova Data, co-founder of the British Blockchain and Frontier Technologies Association, and chairperson of Kasei Holdings, an investment company specializing in the digital asset ecosystem.<\/b><\/p>\n I have always believed we can change the world! For most of my life, I tried that in an analog way. In 2016, I discovered blockchain, and I realized it was a game-changing technology for social impact. I needed to be part of making that happen, so I left my day job and stepped into the blockchain world. Every day, I am excited by the innovations that are already changing lives, especially in emerging economies. I try to be the bridge between the old world and the future. We are at a unique moment in history when we really can reshape things and create a fairer, more equitable and inclusive world.<\/span><\/p>\n \u00a0<\/p>\n 1 <\/b>\u2014 <\/b>What is the main hurdle to the mass adoption of blockchain technology?<\/b><\/p>\n A lack of understanding in the wider community and the poor reputation of crypto, coupled with resistance from legacy players. In 2018, I predicted gaming would be the path to widespread adoption, and we are indeed seeing that. The more use cases are built where people can see the practical benefits, the stronger adoption will be. In that light, the <\/span>COVID-19 pandemic has been an accelerant<\/span><\/a>, as we have seen blockchain used in the secure transfer of health data, supply chain provenance, payments, remittances and cross-border transfers. This builds credibility and will drive wider adoption.<\/span><\/p>\n \u00a0<\/b><\/p>\n 2 \u2014 <\/b>What do you think will be the biggest trend in blockchain for the next 12 months?<\/b><\/p>\n I want to say social impact and gaming, but I would be kidding myself. Right now, people are reaping huge rewards through <\/span>decentralized finance<\/span><\/a>, <\/span>nonfungible tokens<\/span><\/a> and GameFi. We will see that continue to accelerate. In addition, we will see continued growth in institutional investment and the <\/span>proliferation of regulated<\/span><\/a> blockchain securities funds and <\/span>exchange-traded funds<\/span><\/a> (ETFs).<\/span><\/p>\n \u00a0<\/b><\/p>\n 3 \u2014 <\/b>What\u2019s a problem you think blockchain has a chance to solve but hasn\u2019t been attempted yet?<\/b><\/p>\n Can blockchain technologies support the activities required for the sustainable management of the global commons, through systems of governance, transparent decision-making, smart contracts, and decentralized mechanisms and incentives for collaboration, cooperation, consensus and trust?\u00a0<\/span><\/p>\n Blockchain has the potential to connect a global decentralized community around a common purpose. Using tokenomics, blockchain is able to create a new\u200b \u200bdigital \u200beconomy using behavioral economics and game theory to incentivize and disincentive distributed community behavior and action. Tokens can \u200bunite \u200band \u200beconomically\u200b \u200balign people around \u200ba common \u200bpurpose. Blockchains are fundamentally a way to create economies. The ability to create new tokens and to distribute and allocate these tokens according to economic incentives will lead to the creation of new economies.<\/span><\/p>\n Can we see these distributed token economies emerge around global commons issues like climate, preservation of forests and oceans, public health, and gender equality where we can all contribute, participate and benefit?<\/span><\/p>\n Social impact and global commons issues require a greater level of cooperation and collaboration than usual, among ecosystems that don\u2019t normally collaborate or converge. We need immediate collaboration to pave the way for digital transformation \u2014 collaboration to help build and shape the technology, collaboration in engaging and educating governments and regulators, collaboration in building the talent pool for the future digital economy, and collaboration in developing a new global economic system that is human-centered, preserves the planet, and is fairer and more equitable for all.<\/span><\/p>\n \u00a0<\/b><\/p>\n 4 \u2014 <\/b>What would you like to see tokenized? When, if ever, do you expect this to happen?<\/b><\/p>\n
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