It’s clear that the most thorny problems facing humanity today—climate crisis, cybersecurity, income inequality to name a few—will not be solved by one corporation or one individual. These problems need to be addressed with the scale and efficiency of a corporation, without compromising on individual autonomy, creativity, and ownership. They requir... See more
As it happens, Ant and Alibaba were critical to spreading the gospel of the QR code. With low credit-card adoption in China, Ma saw an opportunity to leverage the comparatively common mobile phone as a means of transaction. Today, QR code scanning accounts for the majority of digital payments in the country.
I think what’s more interesting about Web 3 and the angle that I would love to explore more is, in so far as it serves as a vector for allowing platform participants to become the owners of the platforms themselves.