What will society look like where the methods used to sell, buy and pay for goods and services are fundamentally altered, potentially eliminating the need for banks?
Digital currency researcher Neha Narula acknowledges that today's large financial institutions are the gatekeepers of digital transactions. But a new paradigm is emerging, leveraging software to produce programmable cryptocurrencies, such as Bitcoin and Ethereum.
Watch this informative TED Talk, recorded May, 2016 at TED/BCG Paris, to learn how digital currencies are transforming money from functioning as a static unit of value controlled by institutions, into a global, secure, programmable means of exchange that will fuel innovation and unleash a new global capital marketplace.
Speaker: Neha Narula
Neha Narula is director of research at the Digital Currency Initiative, which is associated with the MIT Media Lab. She teaches courses and leads research focused on cryptocurrencies with the goal of illuminating how the future of money will change with the proliferation of digital currencies.
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