It’s happening. Whether you like it or not, the cryptocurrency and blockchain revolution is upon us. Countless people are investing in digital assets and decentralized applications, hoping to get in on the ground floor of the next-generation economy. But what does that future look like? And more importantly, who gets to shape it?
Thankfully, we don’t have to wait for someone else to tell us. The voices of the NextGen are already being heard and implemented via blockchain and web 3 technologies. From building new financial systems to creating Decentralized Autonomous Organizations (DAOs), young entrepreneurs are leading the charge into a more open, equitable future. So if you want to be part of shaping the next economy, seek out the voices of those who were born to do this.
With new technology, comes new opportunities to make an impact. For the young generation, this means using their talents and skills to create a better future for everyone. In this interview, we'll explore how blockchain technology is being used to make a social impact, and how the next generation are at the forefront of this movement. Read On!
Welcome to this incredible podcast that has global partners, like the ExO Economy, ExO Angels, and a lot of different organizations in the wings like XPRIZE. I know it's something that you got really excited about when I met you at ETH Denver and here we are doing a podcast. You're also going to do a panel with Singularity Group. So tell us a little bit about your passion for technology and what brought you to ETH Denver and your interest in the space.
Intro (03:18) Blockchain plus Web 3 Provide Exponential Opportunities
There are so many different niches and industries that have been able to use technology to improve the way that they already do things. Everybody has their own thing to bring to it and there's no area or industry that can't combine with this area in blockchain and web three to create something new. So that's what really excites me about it.
While a lot of people were focused on the technology itself, I immediately was thinking about all the use cases in all different aspects of society that could really help us achieve exponential growth towards humanity's greatest challenges.
(06:47) Self Study Plus Hackathons, A Winning Combination
Once blockchain and web three caught my attention I decided to teach myself solidity, which is a programming language that Ethereum uses to create smart contracts. So after doing that and after attending a few hackathons in the space, I was really able to get a sense of how to make these simple, smart contracts. And what I really loved about it was just the versatility of it because you could do so many different projects just with this one skill.
(07:52): I've been looking into the supply chain for smart contracts.
Because this one kind of framework of making supply chains a lot more accountable and a lot more transparent can help a lot of different industries, whether it's the agricultural industry, where there's a whole supply chain of how food can get to your table. And there are a bunch of different checkpoints that it goes through to make that process more transparent. This can help a lot of people and help a lot of lives, especially when food is such a big part of our world and our health. That's just one use case. And that can be transferred into a bunch of different supply chains. I've also been looking into the blood donation supply chain. And that was something that I looked into for the last hackathon I did.
(11:35) Play-to-earn is only one of many possibilities
We believe, in terms of how we're building out Island17, that when you play this game, it doesn't matter what your interest is. You could turn that into revenue-producing action. You can use it as an asset.
People end up realizing that if you follow your passion, then doors open where they might not have been before.
(14:32) Young Voices Heard, Valued and Implemented
I know a lot of young people have an opinion, but it's hard to get that opinion heard and when I meet people like you or those at ETH Denver, it's amazing to have my opinion actually be heard and valued, especially being in Island17. A lot of my ideas have been heard and valued and even implemented. It's really cool to see that.
I think that if younger people have that opportunity to have their opinion heard, they'd be more inclined to solve some of these bigger problems, something that you don't think about when you are in your teenage years. But if we had that opportunity to have our voice heard, I think a lot more people would be inclined to look towards this direction at a younger age.
Tell me more about what your view is of income-producing actions in crypto in NFTs or smart contracts.
(16:04) Decentralized Finance Lowers Barriers to Entry
I wrote an article a couple of weeks ago about how decentralized finance as a whole, it's a buzzword nowadays, with people making insane returns on investments. After researching I have figured out that decentralized finance has the power to allow people to invest and gain higher returns.
It also provides a way for people to have access to these financial tools who may not have the documentation to get a bank account or have the documentation to get resources like loans or down payments on a house.
But crypto doesn't have that discrimination. Anyone around the world, no matter who you are, can participate in the global economy with this whole space, which I think is super dope, super cool.
(17:12) Beyond Survival
We can't create sustainable systems if people are in complete survival mode. This book, Dead Aid by Dambisa Moyo, talks about when a number of people reach a certain level of income they can now look outside of themselves to make their communities better.
Author Dr. Dambisa Moyo was named by Time Magazine as one of the "100 Most Influential People in the World" and was named to the World Economic Forum's Young Global Leaders Forum. Her work regularly appears in economic and finance-related publications such as the Financial Times and the Wall Street Journal.
The NextGen Economy Podcast is about young people making waves in business and innovation. We interview some inspiring change-makers who are developing creative solutions to achieve sustainable development goals. If you're looking for a dose of inspiration and some practical tips on how to make a difference in the world, this is the show for you.
The NextGen Economy Podcast is brought to you by ExO Angels and sponsored by Island17, Dream Tank, ExO Economy, and Futurville. Visit us http://nextgen-economy.com.
Featured entrepreneur: Aleeza Jahan, Innovator at The Knowledge Society I Podcast Host I Blockchain & AI enthusiast. I am a 16-year-old, interested in world-changing applications of Blockchain Technology. Connect with me on Linkedin, and/or subscribe to my monthly newsletter to stay up to date with what I’m working on!
Host | Content Creator: Heidi Cuppari is the Founder and CEO of Dreamtank whose mission is to ignite youth around the world through entrepreneurship to use their imaginations to innovate the future and make their biggest dreams a reality. Gamification is proven as a systems-changing groundbreaking way to solve complex problems with a new mindset.
Utilizing the Octalysis framework integrated with 6 years of programming through Dream Tank, Yu-Kai Chou is one of our advisors and members of our “Braintrust Jedi Council” and existing founding members of Island17. Island17 is a Universe of Possibility, creating the infrastructure to motivate people to come together to create exponential advancements for humanity. LinkedIn link | Twitter link | Dream Tank | Island17 | HeidiCuppari.com
Collaborators from the OpenExO Community of coaches, consultants, investors, and entrepreneurs whose collective massively transformative purpose is ‘Transforming the World for a Better Future’: Article Editor - Lisa Pereira - LinkedIn | Podcast Editor - Niki Faldemolaei - LinkedIn
Executive Producer: ExO Economy and ExO Angels(™) provide funding for the creation and distribution of the exoskeleton roadshow(™) and NextGen Economy(™) initiatives and is sponsor for the Augmented Human Performance Village.
Disclaimer: The views expressed here are not those of OpenExO Inc., its members, affiliates, or associates. The content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult directly your own appropriate advisors and professionals as to those matters.
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