How blockchain can build a new economic OS for the internet
The open protocols of the early internet reorganized information and communications. Cloud computing democratized access to software, which allowed ideas to be expressed in code and distributed globally at near-zero marginal cost. Now, AI is emerging as a new kind of operating system – one that intermediates tasks, decisions and, ultimately, entire workflows.
Yet for all this progress, the internet still lacks a native system for coordinating economic activity. We have built a planetary nervous system for information, but no circulatory system for value. The result is a global economy that still depends on industrial-age infrastructure: fragmented ledgers, jurisdiction-bound intermediaries and contractual processes defined more by paper and trust than by computation and verifiability.
That gap is now closing. A new class of blockchain networks are emerging, not as speculative playgrounds, but as economic operating systems – economic OSs – for the public internet. Their role is simple and profound: to provide a neutral, tamper-resistant and programmable environment for money, assets, contracts and governance to exist natively online. In doing so, they will fundamentally alter the scale and velocity of economic activity in the world.
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Yet for all this progress, the internet still lacks a native system for coordinating economic activity. We have built a planetary nervous system for information, but no circulatory system for value. The result is a global economy that still depends on industrial-age infrastructure: fragmented ledgers, jurisdiction-bound intermediaries and contractual processes defined more by paper and trust than by computation and verifiability.
That gap is now closing. A new class of blockchain networks are emerging, not as speculative playgrounds, but as economic operating systems – economic OSs – for the public internet. Their role is simple and profound: to provide a neutral, tamper-resistant and programmable environment for money, assets, contracts and governance to exist natively online. In doing so, they will fundamentally alter the scale and velocity of economic activity in the world.
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