A revolution on Distributed Trust with TED Talk by Rachel Botsman.
In our UNTHINKABLE era, #Open Leadership is the way forward for leading through such radical disruption, as we are not living in an era of incremental change, it is and will be revolutionary.
From thought leader Rachel Botsman, the most beautifully concise expression of the Distributed Trust revolution to come:
“So an idea that intrigued me, and I’d like you to consider, is whether we can better understand major waves of disruption and change in individuals in society through the lens of trust. Well, it turns out that trust has only evolved in three significant chapters throughout the course of human history: local, institutional and what we’re now entering, distributed.“
The speed of change in our era means to lead, to stay ahead of what is current, to be thought leaders, means to stay in context.
In recent articles, I’ve focussed on DISTRIBUTED TRUST.
As a term, it is currently mostly applied at a technical level, and mostly to areas such as Blockchain and FinTech etc.
Distributed Trust is going to be so much bigger, see my recent post for some cogitations on what it could mean. Take a picture of your passport, it will be a historical piece well within our lifetimes.
The speed our world moves at means that we cannot possibly lead by staying up to date with content changes, even at the level of conceptual or even detailed level of understanding of areas like blockchain technology.
Such technologies create great leaps for us and catalyse further change. What the speed of change in our era means, though, is that they are coming closer and closer together and to lead, to stay ahead of what is current, to be thought leaders, means to stay in context.
Now, at this stage, I wish to recognise a thought leader around Distributed Trust and also to share something she shared that is a very direct reminder of how fast the world moves, even for thought leaders.
Distributed trust is going to change our world, and at such a speed we cannot even imagine.
As regular readers know, I’m obsessed with the idea that #OpenLeadership is a radical approach that can make a massive difference for humanity and our planet in this UNTHINKABLE age that we live in.
Change is SO rapid that we cannot have the answers, yet we aren’t yet acting in recognition of this.
Recently I wrote a post “What a fool believes about Bitcoin“. Yes, it primarily focussed on the bitcoin bubble and psychology of the “greater fool theory, but I also said :
“I do actually believe that Blockchain in 2017 is at just such a moment as Netscape and the “WWW” was in 1994. Distributed trust is going to change our world, and at such a speed we cannot even imagine.“
It seems everybody is talking about investing in Bitcoin. The current craze to invest in cryptocurrencies is very much an example of the greater fool theory.
“But what a fool believes he sees, no wise man has the power to reason away.”
Michael McDonald of the Doobie Brothers has one of the most exquisite voices and this is an almost perfect pop song. It also contains the powerful lyric above.
As I write this, it seems everybody is talking about investing in BitCoin.
I do actually believe that Blockchain in 2017 is at just such a moment as Netscape and the “WWW” was in 1994. Distributed trust is going to change our world, and at such a speed we cannot even imagine.