It's one thing to apply blockchain technology to an existing infrastructure where large corporations could still centralize power due to exchanges being trusted by the public with certified brand names. But, what if the public could trust smaller entities? And how does a small entity quickly get into the game of trusted exchanges among large corporations without looking like a troll, a bot, or a hacker?
There has to be more tools available and a new information infrastructure to certify these tools. I think the new OMF is what will usher in this new digital era and establish blockchain technology, AI, and VR/AR. And, the quicker we can launch quantum computing, the quicker OMF will rise.
P.S. Interestingly, one noticeable sponsor is Meta.
Security, Privacy, Virtual Reality, & "Personal" Social Services
Per his words, "this is the next chapter" in the world of technology. Although FB is focusing more on privacy and have even outlined 6 new principles that the company will apply to all FB technologies developed, I do like how they are advancing the world of virtual reality (like Microsoft) especially in gaming and how they are trying to enhance the social services on platform like FB like the SecretCrush. On Instagram, people will be able to shop. On WhatsApp, people can send payments. On Messenger, SMS will be much faster and secure. There's also Spark AR and Portal.
Addressing Concerns
To some, these technologies may sound damaging on the perspective of encouraging people to have face-to-face interactions. This concern is valid considering that humans are not only social species but also a physical touch species. As such technologies intend to advance how humans interact and steer society (including in political elections), humans will need to figure out how to live with these technologies and use them as substitutes for the necessities of well-being.
Cryptocurrency (and Blockchain)
Another area I found interesting is Facebook Payments (via WhatsApp) and an announcement after F8 Conference called Libra (i.e. the FB cryptocurrency). Here's a short clip by ColdFusion TV although I don't agree with the author and believe that in some countries this currency will actually benefit society (i.e. countries that struggle with currency regulations).
FB 2019 - Six Principles
If you're interested, here are the principles of FB vision in 2019:
A few years ago, Microsoft's CEO Satya Nadella made a profound prediction on the next three technologies that will revolutionize our worlds. The first one was on virtual reality (VR) including mixed reality and augmented reality (AR). In this review, I'll quickly give an update on how I believe Mr. Nadella's prediction is spot-on.
Microsoft
If you have watched the Microsoft Build 2019, then you will have seen the mixed reality highlight where multiple people collaborating on a project were sharing the same "Spatial" (as Microsoft called it). In this Spatial, a mixed reality allows people on various devices to experience a discussion around a project while not having to be physically present in the same room.
Facebook
If you're keeping up with Facebook, then I hope you have seen this video clip below where FB is making big advances in the gaming and entertainment world with connecting friends even more than just on social media. They are providing a fun experience in addition to the social aspect. How cool is that?
Google
If you're wondering where Google is, then you should check out this article. What was once thought (and advertised) as a project discontinued - is actually a surprise to consumers as this Glass product is re-announced in its next version.
So, whether we like it or not, virtual reality seems to be the first next technology that is making advances to reshape our society. Stay tuned and I hope you get to experiment with these technologies before it becomes mainstream. Ready Player One is closer than we think.
