Ethereum [ETH] co-founder and ConsenSyschief executive officer‘Joseph Lubin’ hasstatedthat with blockchain, societywouldmove “from ainsufficiencytoanabundancementality” soon.
In line with a recent interview with the ‘New York Times’ [NYT], the CEO of Ethereum [ETH] Joepresentedhis remarks at the NYT’s International Luxury Conference at theglobalhotelinHong Kong,thatnow runs from November 12-13 and bringsalongspeakers thatembracetheCEOof fashionbrandBalenciaga, the president of the Alibabagroup,along with theCEOof luxury coat producer Moncler.
During the conference, Jow spokeconcerningadvancementspublicisedby blockchaintechnology that mightprobablyoffermanagementback to the society, adding further he said:
“Weareaiming to beadditionally in controlof our identity and our agency on thesetotally differentdecentralisednetworksand that iassumethat’saiming toproduceadditionalwealth […]additional interest in expressing ourselves,and that iassumethere’llbemorecravingfor luxury than less.”
Joseph’s comments last week onthe currentdevelopment of blockchain ecosystems —thathe compared tothe expansionofthe web—forgedsomelight-weighton his perspective that the technology’s disintermediation and decentralizationwillfacilitateto spur innovation across all levels of societyand therefore theeconomy by “enabling a self-determined, sovereign identity.”
This summer, Joseph alsofocusedthe processes of wealth generationwithin thenew tokenized economy, noting that he hasdetecteda “qualitative shiftwithin thenature of money” that hasraptsociety towards a world of “global villages.”