The Tech and Software Sectors Close to Eating the World

Not even in your wildest dreams …. as I believe we are just at the beginning of a revolution still at its embryonic stage.

For a start, you might think that tech is today in a bubble as a company whose sole product is a photo sharing app in which the pictures get deleted after they are shared recently turned down $3 billion.

Maybe…. But the reality is that even if there is a bubble in the making there are really no consequences. Unlike the late 90s, technology is now more entrenched than ever before. If one company blows up, other entrepreneurs will start a new one or join someone else. So If you really think about it, the cost of failure has never been so low, ever.

Having said that, here are a few trends in the making that I believe will be dramatically changing our world

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Will Bitcoin Destroy Lawyers?

A revolution in information technology may soon turn the theory of “smart contracts” into an actual mechanism for increasing trust among transacting parties, reducing the risks inherent when third party intermediaries are needed and even redefining lawyers’ role in and stranglehold over the modern economy.

Universal access to mathematical proof can give new life to the Russian proverb (which Americans may know from President Reagan’s English translation): “Trust but verify.”

Bitcoin2 – along with a growing number of similar cryptosecurity systems such as Ethereum3 -- is a series of algorithmic protocols which use mathematical proof to verify and secure data. Its ability to provide for the strongest,

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