The industrial revolution changed the lives of countless people. The advances in science and technology led to the advent of advanced industry, and nowadays new technologies are changing the structure of entire industries.
The information revolution ushered in by the rise of the Internet necessitated a host of structural changes to the way businesses operated to adapt to the new market reality. If an enterprise chose to not implement the new technologies it risked being left behind and condemned to bankruptcy.
At the same time, new companies which focused on technology, like Microsoft or Google ballooned in size overnight. New jobs flooded in to replace the old. In the new information era, the creation of physical value, having been a key element of the industrial revolution, became increasingly marginalized.
Gentrification entails change to the character of whole neighborhoods. It mostly involves neighborhoods previously inhabited by diverse populations which are being supplanted by new arrivals representing a more affluent echelon of society.
Current technological advances within Cyberspace can be understood in terms of gentrification as they have even gained a familiar term of their own — uberization. The new economy is making it so that property rights are becoming less important and services such as uber are growing in importance instead.
Society is always striving for increased transaction efficiency, reduced cost and greater convenience. The new economic revolution is making the economy focus on the individual, and the way said individuals work reflecting a new emphasis on particular skills and qualities (rather than the individual themselves). For that reason, growing numbers of people work from home for more than one company at a time.
The Internet has moved past a web of information and to a web of values. That means that labor, services, assets and transactions are becoming more decentralized and more transparent. At the same time, the digitization of assets and processes has lead to digital property titles.
The value of individuals such as content creators and influencers can be measured by the fruits of their work such as the arrival of a skill economy where it is blockchain’s time to shine in terms of potential leverage.
Marshal Lion is keeping a close eye on economic change and has been for a time anticipating the current trends. What follows is the tokenization of the non-bank loans sector. The loans market is one of the largest in the world — it’s aggregate worth is in the trillions of dollars. Concurrently, tokenization opens the market up to investors previously locked out of it. As a result, the blockchain technology engenders an economy of wealth.
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