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This is How Technology is Consuming Blockchain Businesses

by Tony Lewis
, This is How Technology is Consuming Blockchain Businesses

Visit https://cryptopreneurs.club for more insights!

πŸ‘€ Don’t let your product eat your business! πŸ‘€
In this video Dennis Lewis talks about one of the biggest problems facing the industry – allowing the tech to consume the business.

Here are some highlights:

βœ… The perfect tomato
βœ… How to avoid building the project no one wants

What do you think?

Have you considered using the blockchain in your business?

https://www.youtube.com/watch?v=FbteX2lzbSY&t=2s


Transcript

Hey!

Did you know that the agriculture business is one of the most tech savvy industries in the entire world?

Seeds, resistance to plagues, less consumption of water, more productivity from every square meter of land. It’s really amazing all of the different ways that the agricultural industry is able to use technology to improve its productivity.

Now I want you to imagine a super tomato and I want you to think, today, about a tomato that is beautifully red, it’s resistant to being eaten by bugs, all the tomatoes come out perfectly shaped, there’s a ton of tomatoes by every plant and amazing super tomato with one fatal flaw. You can’t eat it. It’s not edible.

Can you imagine that that example, that is an example of a technological failure that focuses completely on the technology and fails because it doesn’t create a product with intrinsic value. And today, that’s what I wanna talk to you about is how the block chain industry can’t tech its way out of stagnation.

Sure, it’s important to talk about the transaction volumes, it’s important to talk about transaction speeds, it’s important to talk about consensus algorithms, it’s important to talk about node architectures and all the other things that come into building a block chain or building a block chain solution, but if we fail to create intrinsic value for end users, it doesn’t mean anything and that is what I really feel is one of the biggest problems we’re facing as an industry and that’s what being a cryptopreneur is all about. It’s all about not forgetting the intrinsic value.

We have to make the tomato, if you can’t make a great tomato sauce out of your tomato, then you failed. It doesn’t mean anything. You could have the most productive tomato plant in the world, but if you can’t make spaghetti sauce, what the hell are you doing? And unfortunately, that’s happening with a lot of our block chain projects today.

And with that in mind, I really want you to stop and think about how we can turn it around and how we can make block chain actually deliver on its promises and the key to that is remembering that there’s another 7.7 billion people, human beings, on this planet and these people have problems with healthcare, they have problems with not being adequately represented in their government institutions, they have problems with their supply chains not being efficient, they have problems with the smallest things that happen in local businesses around them.

And those are the problems that we need to be focusing on solving with block chain technology. And to do that, we need capable, bright, intelligent, experienced entrepreneurs, cryptopreneurs, if you will, who are taking this technology and applying it in the real world. And when we do that, we will be delivering on a true promise to those 7.7 billion people out there. And sure, we need to keep working on the underlying technologies, of course, that’s great.

I mean, if we didn’t do that, we wouldn’t have self-driving cars now that are almost here, we wouldn’t have electric vehicles, we wouldn’t have a lot of things, but it’s not just the technology, it’s gotta be applied. It has to have intrinsic value in the real world. And that is my call to action for you guys today.

That’s what I talk about in my book, Behold the Cryptopreneurs. That was a shameless plug, I know. It wasn’t a shameless pug, it was a shameless pug. Anyway, back to what I was saying. If you believe that block chain technology can make a difference in the world and for real people and their real lives, then leave a comment below and tell me where you think that biggest benefit for society will come from.

If you think that it’s still that we should only be focused on the technology, lemme know below. Let’s have a conversation about that.

Remember to go to https://cryptopreneurs.club, check out the first four chapters of my book, and thanks for listening. Talk to you soon.

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