Go read this article about Bitcoin and other things! Skip the explanation part! Ignore the cryptocurrencies angle! The idea that you own your online identity and social graph and what not can become possible by creating social networks and apps on blockchain.
I argued that people will become URLs. I envisioned only the human readable part. The part in which you access an online address and you can see your online identity. You can add, remove, edit, delete or export any piece of information from there. It can be an URL or an app or an interactive and editable video.
The article I gave you describes the tech part. The backbone! The infrastructure, the costs and the rewards. It’s written in a way that’s easy to understand, easy to imagine, easy to dream.
From my point of view, we have two options.
1. We give our data to closed corporations like Failbook and we end up in The Matrix.
2. We support the open identity standard…
What would you do?