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RE: 11 Longterm Blockchain Predictions

in #blockchain7 years ago

I've enjoyed this article and your other article on the supposed crypto-bubble as well. I'd like to add a prediction inspired by a @louisthomas video - All of the data that we create, such as through our wearable biometrics monitoring devices, our driving habits and car data creation, our reviews on Google Maps and Yelp, and traffic going to our website (See: Oyster Pearl ) will come with compensation to our unique PK. His prediction that we have the capacity for tens or hundreds of income sources makes a lot of sense, considering how much data we produce that is being consumed by companies tenfold without us seeing a single cent of the profit! What I struggle to understand is the fact that there is an estimated 4 billion combinations of 256hash (I think that's what it's called 😅) and 7 billion + people on this planet and climbing. Would it be possible to tie our identities to a single number that serves as ID, wallet, passport, driver's license, health records, gov't security clearance, and literally EVERYTHING you'd ever need to know about a person? And, how would we delegate viewing of that information on a piece-by-piece and circumstance basis? #thinkingoutloud 🙏🏼

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I have the same theory that all the data we create will one day be linked to compensations of various sorts. More than likely something will replace SHA-256 and other cryptographic hash functions allowing for more combinations. Then a delegation system for viewing information about each person on the blockchain can be handled by different levels of private keys.

Thank you for clarifying that. What an exciting future, right!?

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