We ask the builders in the blockchain and cryptocurrency sectors for their thoughts on the industry … and we throw in a few random zingers to keep them busy!
This week, our 6 questions are for 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 chairwoman of Kasei Holdings, an investment firm specializing in the digital asset ecosystem.
I’ve always believed that we can change the world! For most of my life I’ve tried this in an analog way. In 2016, I discovered blockchain and realized that it was a breakthrough technology with a social impact. I had to help make this happen so I quit my job and entered the blockchain world. Every day I am enthusiastic about the innovations that are already changing life, especially in emerging countries. I try to be the bridge between the old world and the future. We are at a unique moment in history where we can truly reshape things and create a more equitable, equitable and inclusive world.
1 – What is the main hurdle to mass adoption of blockchain technology?
A lack of understanding in the broader community and crypto’s bad reputation coupled with resistance from legacy players. In 2018, I predicted that gaming would be the path to widespread adoption, and we are actually seeing that. The more use cases that are developed where people can see the practical benefits, the greater the acceptance will be. In this light she is The COVID-19 pandemic was an acceleratoras we’ve seen how blockchain is used in the secure transfer of health data, supply chain origins, payments, wire transfers, and cross-border wire transfers. This creates credibility and will encourage wider adoption.
2 – What do you think will be the biggest trend in the blockchain for the next 12 months?
I want to say social impact and gaming, but I would be kidding myself. Right now, people are reaping huge rewards decentralized financing, non-fungible tokens and GameFi. We will see that this accelerates further. In addition, we will see continued growth in institutional investments and the Distribution of regulated Blockchain Securities Funds and exchange traded funds (ETFs).
3 – What problem do you think blockchain has a chance to solve but has not yet been tried?
Can blockchain technologies support the activities necessary 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?
Blockchain has the potential to connect a global decentralized community for a common purpose. With the help of tokenomics, blockchain is able to create a new digital economy that uses behavioral economics and game theory to stimulate and deter the behavior and action of dispersed communities. Tokens can unite people and align them economically with a common purpose. Blockchains are basically one way of creating economies. The ability to create new tokens and distribute and allocate those tokens based on economic incentives will lead to the creation of new economies.
Can we see these distributed token economies evolving around global commons such as climate, protection of forests and oceans, public health and gender equality that we can all contribute, participate in and benefit from?
Social impacts and global commons require greater levels of cooperation and collaboration than usual, between ecosystems that normally do not work together or converge. We need immediate collaboration to pave the way for digital transformation – working together to build and shape the technology, working together to engage and train governments and regulators, working together to build the talent pool for the future digital economy, and working together on the Develop a new global economy system that is human-centered, protects the planet and is more just and just for all.
4 – What would you like to see tokenized? When, if at all, do you expect this to happen?
Invest in women! I want the female economy to be symbolized and incentivized to invest in women-run startups and companies with a focus on products for women to create an opportunity Empowering women economically and promoting social impact. Women drive the global economy, and women control $ 20 trillion in consumer spending, which will grow to $ 28 trillion in the next five years. While there is data on women entrepreneurs, gender equality, employment and leadership, the data is fragmented and static. I would like the world’s first token economy that democratizes investing in and empowerment of women, and uses data analytics to predict and track the growth of the female economy around the world.
The global focus on growing the female economy is increasing due to the impact of the pandemic on women’s livelihoods. A blockchain token economy has the potential to transform the way women’s businesses are funded and measured, accelerating investment and growth. This would also help unlock the deal flow for early stage women entrepreneurs. Both investors and venture capitalists will be able to track and measure outcomes – such as capital flows and returns, company segmentation, and impact monetization – to access analytics to contribute to global research, and track and measure impact. We can attract investors with little capital to encourage greater participation of women in the economy.
With over $ 1 trillion in assets under management, a less than 0.5% exposure for women would still equate to more than $ 5 billion. Just a small increase can mean massive changes can be made – blockchain gives us an actionable way forward.
5 – In which alternative film universe would you most like to live and why?
Is there a Bollywood I can join? I love all of the fabulous costumes and dances and exotic scenes. Let me know when the Bollyverse opens and I’ll be there in my best dress in no time!
6 – Close your eyes and think of a happy place. What do you see?
For me, a happy place is with the people I love. I can be anywhere in the world, but when I’m with my son, daughter and granddaughter and one of my very large adopted extended families around the world, it’s a happy place!
A wish to the blockchain community:
You build the future. So build us the world in which we would all like to live.
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