S5E3 - What would it Empower, if Water Actually Became a Non Fungible Token?
with 🎙️ Katrina Donaghy - CEO & Co-Founder of Civic Ledger
💧 Civic Ledger is an award-winning blockchain company that builds trust layer solutions for the markets of tomorrow
What we covered:
❌ How today's water management often resembles a market failure
💧 How water markets are often not optimized and hence water doesn't flow to its best use
🦘 How the Australian water markets in particular are an example of a scattered, financialized, and opaque set-up
₿ How blockchain could turn water into a non-fungible token - and how that could be good news
💰 How a crypto exchange platform would look like, and how it would work
💸 How leveraging cryptocurrencies, blockchain and water ledgers, we could decentralize water finance
₿ How Katrina's Bitcoin encounter was a serendipitous moment
🤝🏿 How you can't go 100% blockchain from the get-go and how Civic Ledger splits smart contracts into two
🤲 How integrating water markets with blockchain finally brings 23 markets together with a common real-time source of truth
🚚 How water is non-fungible because of its heavy and hard-to-transport long-distance nature
📟 How the next frontier would be to couple blockchain trading with a hydrologic digital twin (and why)
🔋 How ironic it is to blame blockchain's energy consumption while altogether avoiding the point with gold and physical money
🌎 Interlinking with mineral flows and ESG investment, Competing with centralized trading in this new ESG realm, Working with the World Economic Forum, developing patent NFTs... and much more!
🔥 ... and of course, we concluded with the 𝙧𝙖𝙥𝙞𝙙 𝙛𝙞𝙧𝙚 𝙦𝙪𝙚𝙨𝙩𝙞𝙤𝙣𝙨 🔥
➡️ Come say hi to Katrina on LinkedIn
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