Blockchain technology that enables cryptocurrencies like Bitcoin will also enable Smart Cities, and Seoul, South Korea will be a test lab. Blockchain technology can be used for any conceivable type of transaction, from parking tickets to real estate transactions.
October 8, 2018
Powell’s critique exposes the Technocrat groupthink that persists in Silicon Valley. Hundreds of tech execs have had attacks of conscience, many of whom fled to Esalen Institute in Big Sur to be reprogrammed with eastern religion and to get in touch with their ‘inner net”.
The Technocrat leaders of the 5G revolution go way beyond just cell-phone carriers and include any all proponents of Smart Cities, Internet of Things, autonomous vehicles, ubiquitous surveillance and law enforcement. In the rush to ‘light up IoT”, safety testing has been scrapped and/or ignored.