In the digital space, putting a price on non-physical goods has been a challenge at least since the rise of the internet. The market mechanisms of the physical world do not translate well because of one simple missing ingredient: Scarcity. A craftsman creating a table can easily put a price tag on that table because... Continue Reading →
What Problem Blockchains Actually Solve
Blockchains are polarising the tech community. I have repeatedly criticized, that current Blockchain-based solutions are mostly hype and little substance. However, that is an oversimplification of the truth. Blockchains are an interesting technology and they do address a real existing problem. However, I would argue that it is not the problem that people want to... Continue Reading →
The Hype Trojan Horse
The newly formed German government has recently signed a coalition agreement that emphasizes a new digital agenda. One of the proposals is to investigate the use of blockchain technology for land title registers and priorities of the digital strategy include AI and quantum computing. At the same time, we observe that for contact tracing during... Continue Reading →