One night in the past week, I wake up in the middle of the night. I could not sleep, and different ideas were brainstorming. Suddenly, I arrived at the title of this post.
Nearly every week, I arrive at the Wikipedia site somehow. Many information available on the site, more than we have a few decades ago on our bookshelves. But we cannot be sure, and the information is one hundred percent accurate in different languages, even at the source language.
The most critical question was in my mind, how could we enable the ones who need the information to connect with the one who has the information.
And Bang! Suddenly the solution made crystal clear!
Let's use Blockchain for this problem as a solution! Blockchain is the internet of value! To solve this problem, we need to make value from the information!
I think we need to define categories, and the market will decide the value of information.
Example categories:
Content producerContent translatorInformation requestorBlockchain could hide the identity of the persons who have the information, so with this behavior, we can save time for them finding proper inquiries between spam mails. This case is relatively simple! We send tokens for the information inquiry with a smart contract. If the deal is done, and we get an answer to our question, the smart-contract release the tokens. Blockchain statistics can be used to promote trust with information providers.
I think this kind of approach could help to solve the financial problems of maintaining the Wikipedia site, and motivate individuals to enhance the contents, and promote information sharing.
We could build a sharing economy around information, which is the most important economic driver in this decade.
We can find the most relevant information sources for our questions.
With the distributed operating model, we can create a shared information source across the globe. Later I expect open databases also on this platform. Like the food composition database, vitamin database, exercise calories database.
With these databases and the rise of Artificial Intelligence, we can build next-generation solutions which help in overall better life quality, and longer, healthy lifespan.