The internet of things has made data an important commodity, but there is increasing distrust in how our data is used and managed. Blockchain, a practice of decentralising data, and creating rules around how we access, record, and use data underpins a monumental shift in the use of technology, and the trust we put in the keepers who hold our private information.
Katrina Donaghy is the Co-Founder and Co-CEO of Civic Ledger, a technology startup that provides Blockchain solutions for the public sector. Having spent several years learning the technology, and being involved in multiple successful startups, Katrin is considered an industry expert in blockchain by the likes of RMIT University.
In today’s episode of Be The Drop, Katrina discusses how Blockchain could revolutionise services in government, how we use banking, and our interactions with artificial intelligence. With a background in sociology, Katrina provides a human perspective, instead of purely focusing on the technology because at the end of the day, it’s how humans engage with and govern blockchains that will have the greatest impact.
“It’s a decentralised network of computers that show a registry of transactions or assets that are in a peer-to-peer distributed model, secured by cryptography.”
Listen now to the full episode:
In this episode on Blockchain with Katrina Donaghy, you will learn:
- What is the definition of blockchain
- How data can affect your personal and professional life
- The history of blockchain and digital transactions
- How finance, smart cars, and other technologies can be revolutionised by blockchain
- Why societies and companies would want blockchain technology
- How rules will be determined for how data is verified or protected
- What our future could look like with security and transparency of data
- What governance is required for transfer of digital resources
“Anyone can use a digital coupon sent to your email if its been printed. But if your asset is assigned to your private key, then only you can access the value of that asset.”
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