Alexander Borodich – Russian serial entrepreneur, venture investor – 95 startups in the portfolio, one of the first specialists in the field of innovation and blockchain technology. The lead author of the program on RBC and the founder of the Universa Blockchain Platform told us about how blockchain will change the world and cities of the future.
Alexander began his career as a web developer at the American company ThinkWave, led the marketing of Mail.ru Group and Acronis, has an MBA, is the director of the School of Economics and Mathematics at Moscow State University, and also received a US patent in the field of evaluating the effectiveness of disseminating information on social networks.
“The cities of the future in books, films and games are flying cars, robots serving every person’s whims, multi-level houses, directed to heaven. Science fiction writers describe in detail how a person will live through the centuries, but almost do not touch on how this will be ensured. How to achieve the proper operation of millions of computers and ensure the safety of a person who rushes to his home in a flying car on the twenty-thirty-fifth floor? It’s easy to imagine that one small glitch will turn into a tragedy, ”says Alexander.
Protected by smart numbers
Already, scientific institutions, IT companies and city authorities are trying to prevent the security problems of large data arrays and the use of high speeds using blockchain technology. It not only allows you to remove part of the intermediaries between a person and a service provider, to store information unchanged, but also provides a high level of data protection.
All existing database management concepts are based on the fact that they have some kind of centralization and administrators.
Thus, there is always someone who controls everything. So the system is vulnerable. Blockchain is a decentralized system that always shows who owns what at a given moment. The place of the database administrator here is occupied by a complex cryptographic process called the “consensus mechanism”, thanks to which the blockchain is truly an independent entity. The creator of bitcoin Satoshi Nakamoto believed that bitcoin is needed, first of all, as the basis for a peer-to-peer electronic payment system, but time has shown that the technology is more than applicable in other areas of life.
Therefore, other types of blockchain appeared, in particular Ethereum, which introduced the ability for users to conclude “smart contracts”. This is a code that contains the terms of a business agreement and automatically enforces it. The logical development of Ethereum was the Universa blockchain, which got rid of such problems of bitcoin and ethereum as low speed and high transaction costs. Security is one of the main things how blockchain will change the world..
City without problems
The transition to blockchain will allow solving a number of city problems and will make the life of citizens much more comfortable. The authorities of developed megacities are already actively integrating technology into everyday life. For example, in Dubai, the possibility of providing tourists with access to public services and high mobility using temporary digital wallets with preliminary authentication in the blockchain are being tested.
Based on this technology, in Xunxian County in China, a city system plan is being developed for the city under construction with the management of housing and communal services, public services and the city’s economy. Local carmaker Wanxiang plans to launch blockchain monitoring of the state and consumption of car batteries in an urban environment. This will reduce the cost of ownership of electric vehicles for citizens. Through the use of blockchain, it will also be possible to ensure the delivery and payment of electricity received through solar panels, as well as control parking spaces and toll roads.
You are a man without a piece of paper
One of the most interesting examples of using the blockchain to store and manage personal data was the announcement and testing of Telegram Passport. This is a virtual passport that will be used to identify users in the Telegram Open Network. It is only about a specific network, such an analogue of a darknet with its services (TON Storage, TON DNS) and cryptocurrency (Gram and TON Blockchain payment system). A similar technology can already be applied in a broad sense. Imagine that all your personal documents – passports, medical cards, insurance, property rights, etc. – stored electronically, securely protected, and you can use them to verify your identity and your rights.
A passport is only the beginning, because the blockchain can be used to translate the entire world workflow into electronic form.
Despite the widespread use of EDS (electronic signature), private companies and government organizations are still required to print and store mountains of paper documentation. It turns out some ersatz of the digital world – on the one hand, everything is on the Internet and on computers, and on the other hand there are rows of daddies on racks in the archive.
The transition to electronic document management in all areas will be implemented and legalized on the blockchain in the coming years. This, firstly, will greatly facilitate the lives of people both in everyday life and in work. And secondly, which is also very important, it will be a big step towards caring for the environment. We have already switched to electronic books, electronic magazines, and when we begin to use only electronic documents, paper will practically not be needed.
Treaties
If a simple application on the blockchain is enough to store documents, then digitalization of contractual relations and electronic document management requires smart contracts that are actively developed, for example, in the Universa Blockchain Protocol. With their help, it is possible to monitor the fulfillment by the parties of their obligations in a fully protected environment. All transactions carried out under smart contracts will be traceable, transparent and irreversible, which will significantly reduce transaction costs, as well as eliminate the risks of ambiguous interpretations of conditions or unfair court decisions.
For fair elections
Finally, in the future, the blockchain will be able to help solve such a complex problem of our time as elections to government bodies. Now it is relevant for almost any democratic country in the world. Blockchain will help to eliminate any election fraud, ensuring complete transparency of the vote.
In a global sense
Blockchain will change the world and will be able to help even in solving such a global problem of mankind as hunger. It is no secret that cash benefits to those in need can be used for other purposes. This is a problem that cannot be dealt with in the usual ways of controlling funds. Universa Blockchain, together with ASN Networks and Angkasa Coop, is launching a pilot project in Malaysia for the distribution and control of social benefits for the first 4,000,000 people. Thanks to blockchain technology, the system will not only allow you not to spend the funds allocated for basic products on alcohol and cigarettes, but will also control every illegitimate use of the allocated money. This experience will be available in other countries of the world..
The future is definitely with blockchain technology. According to experts, in 2-3 years the blockchain will be used everywhere, and by 2027 it will occupy 10% of global GDP. By 2025, it is planned to use this technology to automate tax collection. And this is only a small part of the predictions of how blockchain will change the world, which are starting to come true now.
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