With the emergence of blockchain technology, the future was made a lot closer. The building blocks have been laid down and countless numbers of projects are currently scrambling to build something new.

When we discuss disruptive technology that can leave a lasting impact on modern society we need to look deep into the innovative nature of a project. We must also look into the industry the projects are attacking and determine whether it was due for a change.

An industry particularly important to this writer is file sharing. Since the early days of the pirate bay, I’ve been a big time torrenter (is that a word?). Being someone that also has a heavy interest in crypto, I was extremely happy to hear about projects like BitTorrent and Upfiring.

In my opinion, the biggest issues facing the torrenting space has been file quality and download speeds. These new projects have created a tokenized economy that addresses these issues in what is, in my opinion, a fantastically genius way.

By creating incentive to seed files, the supply end of the “file economy” is dramatically bolstered. Additionally, more seeders means faster downloads since the file is hosted in more places. Upfiring actually then goes another step by welcoming file downloaders to then reseed the file to early super easy passive income. In this case the original seeder is still guaranteed 50% of earnings in perpetuity. I predict this will create a gold rush of file seeders looking to be the first to upload their content and secure an income. A recent update by the company can be found in this scribble.

At the end of the day, blockchain stands to make drastic improvements to the way we live and I believe that services that build upon how we share and download files will significantly alter the way the internet is structured.