Kenneth Bok is a former Goldman Sachs trader and the founder and CEO of Blocks, a Blockchain research platform based in Singapore. A passionate believer in sustainability, ecology and technology, he is Horyou’s Partner and Ambassador to Singapore and the organizer of De/Centralize 2018, the country’s premier conference on Blockchain and decentralization mechanisms for building a better world. One of the questions the event raises is: “Can these technologies help to create a better world?’. Horyou blog has talked with Mr. Bok.
– What does decentralization mean for technology, economics and law?
The Blockchain has enabled for distributed computing platforms which store and process information in radically different ways from normal server-client architecture. This has profound consequences in the way digital tokens can be integrated with the internet, how data is stored, and even how contracts are written and executed between parties. Decentralization is still a mysterious word really, but the gist of it is that there are more resilient and alternative structures to the ones we have one. Think about the Facebook and Cambridge Analytica issue. Even if Facebook are doing their best, they are still under the purview of various governments who can shut Facebook down if they choose to do so. This is not so easy with decentralized systems.
– Blockchain is a technology that lies heavily on decentralization. What can we expect from the conference in terms of content and debates about both subjects?
We are hosting some projects that could really change the world. Cosmos and Blockstack for example. I think there is a lot of hype with blockchain, and our goal is to separate the signal from the noise. We have some really world-class VCs such as Tim Draper who is going to give us a keynote, as well as Zooko Wilcox from ZCash giving us a presentation on the latest developments with digital money. We definitely want people to form their own opinions, to question everything and to decide for themselves if Blockchain is more than speculation and hype.
– How can Blockchain help to reach the sustainable development goals, reduce poverty and help to build a better world?
Michael Casey and Paul Vigna’s new book ‘The Truth Machine’ opens wonderfully with a story about the World Food Program’s (WFP) initiatives in Syria. Many of us take for granted that we have a passport, social identities, bank accounts, but this is not the case for refugees and stateless persons. The WFP is using a Blockchain solution to coordinate and track food distribution. Blockchains have tremendous potential to enable people who are unbanked and unidentified to be part of the system and have access to loans, make contracts, have a proper job, and so on.
– How do you see the future of Blockchain technology in 10 years?
AI, Blockchain and IoT will become more integrated and will be truly mind-boggling in their capabilities. We will be able to do science better, make decisions better, become more efficient and effective in whatever we do.
– Could you name some of your top speakers and their business/areas of expertise?
Lasse Clausen from 1kx is one of the smartest token fund managers that I know of.
Adrian Brink from Cosmos: they are building the next generation Blockchain systems that are pushing the boundaries.
Meltem Demirors is a great speaker, thinker, and has worked with the World Economic Forum, MIT Media Lab and Digital Currency Group.
– Singapore is our next Social Innovation and Global Ethics Forum – SIGEF 2018 – host city. For years, it has been a technology, Blockchain and sustainability hub. Why, in your opinion, does the city have such a vocation? Should it be a role model for Asia and beyond?
Singapore has had many things in its favor, geography for one, but we have been particularly blessed with good leadership. Mr Lee Kuan Yew was the architect of our country and built a meritocratic system with good law and order, an emphasis on education and racial harmony. We have one of the best healthcare systems in the world and it is extremely safe here. Clearly Singapore’s methods will not work in countries much larger than us, but our methods have been studied and implemented in many places outside of Singapore.
De/Centralize takes place from 5-6 April at the Sands Expo and Convention Centre, Singapore. The event is an Horyou Media Partner.