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Today, we're diving into the transformative world of blockchain, guided by a groundbreaking report that explores how this tech could reshape our lives, workplaces, and society.
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Worth Your Time!
What are the essentials for ultimate privacy?
πΊ Screen Time: Since we will talk about privacy; letβs observe the new ethics of it.
π Reading Corner: "The New Stablecoin" explores the emergence of innovative stablecoins and their potential impact on the DeFi ecosystem.
πβDrop the mic!β : Some observations from being a founder in crypto for the past 4 years
π Navigating the Blockchain Revolution: A Friendly Guide
So, you know how we're all kinda struggling with managing our data and trusting all this new tech? π€ Adapt and Flourish: Web 3.0 Utility & Required Skills for Individuals report is like a friendly guide to help us understand the changes that are happening because of digital transformation and this super powerful technology called blockchain.
Imagine a world where our workplaces run on a public permissionless blockchain. It's like a super-efficient system that makes our work life easier. And then there are these things called smart contracts. They're like self-driving cars but for transactions - they can do repetitive work without needing us to lift a finger.
And the best part? We can easily keep an eye on these processes in the blockchain environment. It's like having a productivity boost right at our fingertips.
But with all the data being collected every single minute of our day, our privacy could be at risk. π± But don't worry, the report suggests using public permissionless blockchains and improving our understanding of these technologies to prevent any sneaky attacks. π‘οΈ
To keep the bad guys from messing with our data and hacking into our stuff, the report suggests we should not only start using public permissionless blockchains, but also level up our education game. Here's what they recommend:
Get everyone up to speed on what's happening right now in the world of tech. That includes students, business folks, government officials, everyone. Once we know where we stand, we can figure out what to do next. π
Don't let the fast pace of blockchain tech freak you out. It's all part of the ride. π’
Understand that blockchain is more than just crypto. It's a whole new way of doing things. π‘
Realize that in this high-tech world, the more skills you have, the better you'll do. Unskilled jobs are becoming a thing of the past in developed countries. π
And public permissionless blockchain? It's a total game changer. It's going to make a huge impact. And following is the three-phases of the change:
So, the report has this cool table that lays out their idea of a framework. It shows what skills we need to really take advantage of a public permissionless blockchain infrastructure. Think of it as a roadmap for how to get the most out of this new tech. It's all hypothetical for now, but it gives us a good idea of where we're headed. πΊοΈπ
This report believes that a public permissionless blockchain could be a game changer. It's like a call to action for us to participate in this change and shape our digital future. π
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