Venture Capital
Andrea Alms Video: Money In Motion 32 - Deep Tech Vertical - Blockchain
November 2022 - Venture Capital
TRANSCRIPT:
Hello. My name is Andrea Alms and I am technology investor and financial manager. And this is your money in motion. On the previous episode we discussed Deep Tech. Today we are focusing on blockchain quick review. Deep Technologies is a catch all phrase for innovative technologies that potentially offer a significant advantage over those currently used. What is blockchain? It is a digital database or ledger that is distributed among the nodes of a peer to peer network. Blockchain history timeline suggests that the concept of distributed computing has been around since 1990. A few decades later, this distributed computing technology is explored across various industries and oversimplified definition. It is a type of ledger to keep track of stuff. In 2021, this report on Global blockchain market was valued at 5.9 billion U.S. dollars and is expected to grow at a compound average growth rate of 85% from 2022 to 2030. The CBI inside data identified 80 plus of the most well-funded private blockchain companies shaping the future of the space. As of today, we all heard and know of the crypto market crash. What about the future of the five scenarios of future of education? A peer to peer system was the preferred option in a recent global poll of education leaders, teachers, investors and entrepreneurs. Blockchain technology, or at least a distributed network, is perhaps the fundamental dependency to achieve this future. In addition to looking at markets that we like is equally important, if not more, to keep an eye on those to avoid. Remember, blockchain is distributed computing with many applications. Thank you. This is your money. Your money in emotion.