Sarder NYSCI Talks (Blockchain Event): Why aren’t there more systems based on open protocols?

Sarder NYSCI Talks: Making Sense of Blockchain, Bitcoin & Cryptocurrencies

Bitcoins and cryptocurrency have made it into our everyday conversation but many people do not understand how the systems work. Sarder TV can help you get up to speed with this new technology with the presentation of “Making Sense of Blockchain, Bitcoin & Cryptocurrencies” with venture capitalist Fred Wilson and author Steven Johnson. Presented by the New York Hall of Science this exciting discussion will have you cryptocurrency savvy in no time.

Fred William and Steven Johnson talk about how in their estimation when the Internet was developed innovation happened on platforms like Google and Youtube instead of with the creation of new open protocols. They talk about how this has created fundamental problems with the Internet, particularly with the proliferation of closed systems. William and Johnson provide examples of successful open protocols such as email and discuss why innovation may move to the Bitcoin arena because of its open and shared structure.