It’s an exciting time for technology and specifically how we interact with our technology and how our technology interacts with our world. One key source of excitement is the more centralized (and somewhat antiquated) technological hubs, such as Facebook (now Meta) and Amazon, coming under increased scrutiny for their business models that are based on taking and owning individuals’ privacy.

The other key source of excitement is the advancement and evolution of the decentralized world, which notably operates in quite a different way to these megacorporations. These megacorporations exist because they extract value from people, sometimes without consent, and create engagement from it. By contrast, the decentralized ecosystem is delivering on the promise of informed consent and digital democracy. Instead of having your data harvested and your time turned into value for billionaires, the individual is in control of the terms of engagement with companies. 

Read more at: Decoding MetaFi: The Next Frontier In Blockchain’s Evolution (forbes.com)