Is it the intelligence that makes humans superior to other creatures? Of course, it does. But, humans of the earlier times also had the same mind capacity as modern humans. In Stone Age, they were more vulnerable to threats and dangers, were timid and weak. But, then they understood the value of cooperation and grouping. The large-scale collaboration is what differentiates humans from other animals, or in other words; we say that man is a social animal.

The internet is so significant as it makes humans closer to each other than previous ages. It enables world-scale corporations, and Wikipedia is evident proof.

However, trust is always a prerequisite to cooperate. The fact is we may not personally know everyone around us, i.e., our coworkers, our neighbors. Still, it does not preclude us from having a happy and peaceful cohabitation with them. Because we have a centralized system controlled by office management, and government. Even though, the case is not applicable at the regional level, national level, and now the global level. With the fast emerging global-scale issues, we also need global-level solutions. Our bad, the trust level between different nations is at the worst these days. The reduced trust level becomes a hurdle to cope with international problems of global warming and AI.

Blockchain technology is so revolutionary that enables to exchanges values directly without requiring trust of intermediate between parties. It replaces a central organization with source code, also eliminating the need for trust. You can analyze its significance from the thriving cryptocurrency landscape, Bitcoin capitalization, and people trust in it. The cumbersome venture has never been hacked even. Though crypto is the first application of the blockchain, it’s also of vital significance. The future applications of blockchain will use crypto as their base. And, we can see blockchain use cases combined with cryptocurrency. The fact is evident from blockchain based shipment and carrier industry platforms, such as IBM-Maersk, entertainment, and social networks, and also MYbDAIRY Smart Farms producing milk based on AI and blockchain.

The blockchain and cryptocurrency, no matter utility or security token, are resilient as you can’t undiscover them. They also address the trust issue by removing the government’s influence and empower corporations — whom we humans have already empowered more than governments. We also observe that they are addressing the issues of wealth creation and investment that otherwise have been disrupted by the current economy state. In all, the two technologies empower people more than ever blended with efficient cooperation without mutual trust.