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Blockchain Beyond Boundaries: Pioneering an Inclusive and Sustainable Future

A PurposeFirst Approach to Innovation: Embracing Web3 for Global Equity and Environmental Integrity

By: Lauren Tierney, Venture Investor, Decasonic

Blockchain transcends its technological roots, shaping the very fabric of business, governance, and community with its ethos of inclusivity and transparency. This month at Decasonic we are spotlighting Purpose First — a commitment to being value-added investors and a way of highlighting how web3 supports more inclusive economies and sustainable business practices. In this exploration, we delve into three transformative ways blockchain is catalyzing a future that is not only innovative but also drives innovations for a sustainable, inclusive, and transparent future in technology.

The Innovation Imperative: Blockchain at the Forefront

Innovation is not just about the next big tech breakthrough, but it's about reshaping industries to be more efficient, accountable, and accessible. Blockchain stands out as an exemplar of this, with its decentralized nature that fosters a breeding ground for cutting-edge ideas and solutions. In a world striving for digital transformation, blockchain's capacity to enable secure, traceable, and instantaneous transactions propels industries forward. From finance to supply chain management, it’s paving the way for a new era of business operations that are both agile and trustworthy.

Web3 Drives Sustainable Businesses: The Green Ledger

Sustainability is no longer an option; it's a necessity. Integrating blockchain into Web3 heralds a seismic shift in how we approach environmental accountability. The distributed ledger technology inherent in blockchain provides an immutable, transparent, and efficient platform for monitoring carbon footprints, tracing renewable energy use, and ensuring sustainable practices across supply chains. It's a tool not just for businesses to streamline operations but also to validate their commitment to environmental stewardship.

Company Use Case:

• IBM Food Trust harnesses the IBM Blockchain to foster accountability and transparency within the food supply chain, connecting a network of growers, processors, and retailers. It offers a shared, permanent ledger of food origins, transactions, and handling, enhancing food safety and sustainability. IBM's initiative underscores blockchain's role in establishing a trustworthy, efficient global food ecosystem.

Blockchain For The Billions Podcast

Episode 5 of BFTB Podcast Season 2 is LIVE!

Steven Shaw, the co-founder of TechRise and Head of Community Engagement at Verizon sat down on this week’s episode, with Lauren Tierney to discuss the future of the internet might look like, 5G data, and more.

View the episode preview below and listen to the full episode on Spotify, Apple, or YouTube!

Top of Mind

• AI's potential is vast, but distinguishing between signal and hype is crucial for successful investments. According to Paul Hsu, CEO of Decasonic, navigating the rapid changes in AI requires swift execution, with those unable to adapt facing swift decline. Read more here.

• ai-PULSE, Europe’s Premier AI Conference, just concluded in Paris, France, this weekend. Over 1000 people attended, engaging with AI through talks and workshops, and one of those attendees was venture investor, Danny Pantuso. Check out the behind the scenes snapshot here.

• YouTube is testing AI-generated vocals from artists like Demi Lovato and John Legend in its latest project, "Dream Track," illustrating the profound impact of AI on user-generated content for Gen Z. Learn more about this innovation is Lauren Tierney’s latest post here.
  
  Where to Find Us

• Decasonic's Web3 Frensgiving 2023, co-presented by Cube, is happening today, Wednesday November 29th. This event was curated to bring together the #Chicago Web3 Community. Stay tuned for pictures and videos.

• Paul Hsu will be speaking at Friends of the Metaverse- Season of Innovation 2023 on December 7th. Here is more information if you are interested in attending.

Thanks for reading!

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Are you or someone you know building in crypto or web3? Get in touch with the investment team here.

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