The Future of Abundance: Self-Owning Machines Can Generate a Basic Income

The Future of Abundance: Self-Owning Machines Can Generate a Basic Income

On June 6th 2018, Trent McConaghy , founder of Ocean Protocol and BigchainDB states in his article “ Nature 2.0, The Cradle of Civilization Gets an Upgrade ”, that a combination of Artificial Intelligence (AI) and Blockchain can result in a future of abundance. Profits from self-owning machines can pay for a Universal Basic Income ( UBI ), according to this expert in the field of automation.

A Blockchain is a database with new characteristics compared to traditional databases, as McConaghy explains: “It’s decentralized — no single entity owns or controls it. There’s no single point of failure

It’s immutable […]

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