Episode 133 of Down to Business podcast
This week’s Down to Business focuses on Web 3.0 or a new idea for a decentralized internet that many people think will be based on blockchain — the technology that enables bitcoin and holds vast potential to do much more.
The first guest, Lex Sokolin, head economist for Consensys, a blockchain software technology company in New York, said corporations are still only just figuring out the potential applications of blockchain technology, but its use is already growing more quickly than anyone could have predicted.
The second guest, Victoria Lemieux, an associate professor at the School of Information at the University of British Columbia, where she co-founded the blockchain research cluster, said that at a basic level, blockchain is a record-keeping technology.
Both guests said that blockchain could have profound implications for how the internet works, particularly the attention economy — or the way some of the largest tech companies have commoditized human attention by collecting and selling data and ads.
They also both said something else — that blockchain is likely to make the internet more like the physical world. As always the interviews were edited for clarity and brevity.
Listen on Apple Podcasts , Spotify , Stitcher and YouTube where you can also subscribe to get new episodes every Wednesday morning.
If you have any questions about the show, or if there are topics you want us to tackle, email us: [email protected] .
Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.
A welcome email is on its way. If you don’t see it, please check your junk folder.
The next issue of Financial Post Top Stories will soon be in your inbox.
We encountered an issue signing you up. Please try again
Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Comments may take up to an hour for moderation before appearing on the site. We ask you to keep your comments relevant and respectful. We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. Visit our Community Guidelines for more information and details on how to adjust your email settings.
365 Bloor Street East, Toronto, Ontario, M4W 3L4
© 2022 Financial Post, a division of Postmedia Network Inc. All rights reserved. Unauthorized distribution, transmission or republication strictly prohibited.