Russell is a futurist and visionary, having graduated from Queen’s University in 1994, received a post-graduate degree in Information Technology in 1999 and an LLB from the University of Wolverhampton in 2008. He has been a blockchain and cryptocurrency evangelist since first discovering this ground-breaking and innovative space almost 8 years ago. As an angel investor and tech incubator, Russell has been focused on emerging markets for new tech ventures, and he is deeply immersed in the amazing NFT space.
Whenever you want to verify that a document is legit you just look it up with the relevant authority.
“There’s A Central Authority Whether It’s A Bank, Ministry Or Registry Office That Has The Power To Issue And Validate Information “
Encyclopedia Britannica employed 100 full time editors and over 4000 contributors to publish what we consider to be the authority on knowledge.
Imagine the power the editors of these books had a deciding what was worth mentioning condemning condoning or ignoring well the last volume of encyclopedia Britannica was published in 2010 today .
Information is much more decentralized with over 130000 active editors that maintain different wikipedia pages
“A Real Life Example Today Most Money Is Just A Record Of Who Owes What To Whom Due To The Subprime Crisis In 2008 Almost 1000 Companies In The US Received Over $630000000000 That Never Existed Before Other Companies Had Debts Completely Removed Well. “
Blockchain technology is an innovative solution to centralization to implement decentralization.
It’s a system for keeping records by everybody without any need for a central authority .
Aledger that is practically impossible to falsify.
In technological terms pages are called blocks.
Each block is linked to the data of the previous block making a chain of blocks or a blockchain.
The easiest way to understand blockchain technology is to remember it as a series of blocks that store data.
Each of the blocks holds a unique hash number and a link that connects it to the previous block.
Every block is an important part of the sequence and it cannot be changed.
If there is any change, the hash sum would alter and the block would no longer be valid.
How do I create a system that allows the creation verification and updating of records by everybody?
Digital assets publicly verifiable intellectual property authenticated on a blockchain.
“Possible Use Cases In The Mortgage Industry Include, ID, Mortgage Deed, Appraisal, “
