The Emerging Future

The Emerging Future

Copyright: © 2019 |Pages: 11
DOI: 10.4018/978-1-5225-9578-6.ch010

Abstract

This chapter draws together the various chapters of the book, summarising the high-level points from each. It highlights how Blockchain and other frontier technologies will be an important tool for social impact globally. A renewed focus and promise on emerging economies is highlighted as they now have a way to access knowledge, talent, capital, and to share their talent and ideas and to seek global investment in ways that were not possible before. Some of the policy and governance challenges which will emerge from Blockchain economies are raised as well as the need for more research and discovery. It reinforces the links to the Sustainable Development Goals (SDGs) and the ways that Blockchain and frontier technologies can exponentiate impact towards the SDGs and should be a focus of governments, international institutions, and indeed, the entire ecosystem.
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Overview

Beyond the initial introduction and basics of blockchain, in each of the chapters, the book outlines progress and work being done across the world in the context of the B4SC model. The B4SC model frames the current influences and drivers, the enabling shifts required and the predicted social changes that are possible in the future. The authors hope that people will find the model a useful start to a conversation and that others will challenge it, build upon it and make it better.

Much of the focus on Blockchain has been overshadowed by the hype and rise of crypto-currencies and Initial Coin Offerings (ICOs) - this is not the focus of this book. The authors examine the use of Blockchain technology beyond cryptocurrency, and how it is being developed across the world. It is increasingly on the policy agendas of many countries.

Chapter 3 examines how blockchain will enable governments to create increased public value and broad public sector modernisation (with greater openness, transparency, engagement with and trust in government) through the integration of digital technologies and user preferences in service design and delivery of direct personal services and in shaping public policy outcomes, whilst also achieving efficiency and productivity gains. Digitalization can enhance the efficiency and competitiveness of businesses, the current technological improvements can also improve efficiency and effectiveness of government functions, thereby enhancing sustainable economic and civic growth.

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