1:28 – Maria asks Rich for a basic definition of blockchain, how it works and why people use “blockchain” and “cryptocurrency” interchangeably.
4:28 – Transactions and trust, tracking and time saving – the potential of blockchain.
7:39 – Fundamental change can mean big challenges for full deployment. Rich goes into how potential users will overcome barriers to harness the benefits of blockchain.
9:49 – Who will be the first blockchain users? The answer may surprise you as Rich talks about who will successfully deploy blockchain first.
14:14 – More on the challenges, this time scalability – Rich uses the analogy of air travel, “One might be able to conceive of jet travel, but … we're still at the prop plane … phase of blockchain.”
17:31 – Rich covers some of the “big technical breakthroughs” that still need to happen and who’s working on making them.
20:58 – How incentives are driving big companies to get involved, and the crossroads they face in terms of their business models – the known vs the unknown.
23:00 – Which companies need to take friction out of their transactional systems.
26:07 – Could it be that blockchain is, infact, too complex to use?
28:07 – The internet was conceived as a sharing network whereas it has evolved in a much more private way. Will blockchain bring us full circle to open protocol again?
