How the blockchain will radically transform the economy

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November 15, 2016 Today’s TED Talk How the blockchain will radically transform the economy 14:57 minutes · TEDSummit Say hello to the decentralized economy -- the blockchain is about to change everything. In this lucid explainer of the complex (and confusing) technology, Bettina Warburg describes how the blockchain will eliminate the need for centralized institutions like banks or governments to facilitate trade, evolving age-old models of commerce and finance into something far more interesting: a distributed, transparent, autonomous system for exchanging value. Watch now »   Playlist of the Day Talks that prove you already live in the future That crazy, sci-fi future we all imagine? It's here. Watch » 10 talks · Total run time 2:06:36 DO YOU LOVE SCIENCE? Subscribe to TED's "Science worth knowing" newsletter. Our bi-weekly newsletter will bring you the stories, videos and links we're talking about. Sign up » Join us on Facebook Follow us @TEDTalks

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