How to make blockchain a new kind of economic engine


There is no great definition of enduring value. However, I adapted a concept from Michael Porter, who has written several books on strategy and competitive advantage, that focuses on long-term economic decision making. According to Porter, the fundamental attributes of value creation remain constant regardless of technology and the pace of change. If we apply this thinking now, then all the hype around blockchain and crypto market volatility is irrelevant to the essence of value. What really matters is what this technology ultimately enables: real, lasting value.