In this episode, we dive into one of the most profound and powerful social impact implications of blockchain and web3, the ability to remove intermediaries or "middlemen" from the equation.

One of the biggest benefits for humanity, that will be ushered in by blockchain, is the role it will play in helping cut out the middle man, or intermediary organizations, that have traditionally funnelled money away from the average individual and put it in the hands of the already wealthy.

Inherent in the web3 space is the value of decentralization, and by helping take power away from the centre, and redistributing it to the periphery, blockchain will usher in greater equity and inclusion for traditionally underserved populations.

To drive this point, there are three specific areas we discuss in this episode, of how blockchain can eliminate these intermediaries, resulting in greater equity and empowerment for the average person:

1. Financial Inclusion
2. NFTs
3. Disrupting the service sector

For more exciting content exploring the intersections of web3 and social impact, check us out at cryptoaltruism.org.

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--DISCLAIMER --
While we may discuss specific web3 projects or cryptocurrencies on this podcast, please do not take any of this as investment advice, and please make sure to do your own research on potential investment opportunities, or any opportunity, before making an investment. We host a variety of guests on this podcast with the sole purpose of highlighting the social impact use cases of this technology. That being said, Crypto Altruism does not endorse any of these projects, and we recognize that, since this is an emerging sector, some may be operating in regulatory grey areas, and as such, we cannot confirm their legality in the jurisdictions in which they operate, especially as it pertains to decentralized finance protocols. So, before getting involved with any project, it’s important that you do your own research and confirm the legality of the project. More on the disclaimer at cryptoaltruism.org.

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Episode 40 - Blockchain and a world without intermediaries - a social impact perspective

Crypto Altruists: Real-World Stories of Social & Environmental Impact with Web3