A Look Into Our Autonomous Economy

Jake Ryan
4 min readJul 23, 2021

Technology is evolving at a rapid pace. Twenty years ago, the internet began to play a major role in our life. Fast forward a few years and hardware devices such as iPhones began to take society by storm. Today, it is blockchain technology that is seeking to transform current business structure, communication, and internal processes and more importantly — the nature of money. Big name companies such as IBM, Walmart, Toyota and more are beginning to utilize blockchain technology. With artificial intelligence (AI), the internet of things (IoT), robotics and cryptocurrency converging, we’re seeing automation and autonomous systems playing an ever-increasing role in industry. Industries across the board are seeing dramatic increases in efficiency, product tracing, and security. We are entering what I call the Age of Autonomy and to show you how, let me break down three exciting use cases that blockchain technology is providing.

What is Blockchain?

Blockchain is a decentralized ledger. It is a distributed system using computer nodes that are peer-to-peer (P2P), used for verifying transactions in a secure and tamperproof way.

Agriculture: Smart Farming with Autonomous Robots

The Netherlands is the second largest food exporter in the world when measured by value. They ran a project (case study here) that aimed at…

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Jake Ryan

CIO at Tradecraft Capital & Author of CRYPTO DECRYPTED & Crypto Investing in the Age of Autonomy, published by Wiley