How Smart Contracts Will Change the World | Olga Mack | TEDxSanFrancisco 

This is gonna be one of those Ted talks that people are gonna regret not hearing about sooner

good talks, just skip the intro and go directly to 4:15

I am here on this video on 26 April 2021. See you in 10 years.

One day when people start realizing the value in this, and when the paradigm changes and people will have to adapt to this new way of transactions, then this will get a lot more views.

This is the first explanation on smart contracts I have seen thats so simple and without any jargon.

It's so great to hear the many applications of Smart Contracts. This makes it a lot easier to understand this complex term. Thank you Olga !!

This is the kind of talk that people really need to listen

Great, and life changing 17 minutes... From second 01 to the end. Thanks, Olga Mack for this.

Great video. Really enjoyed listening to Olga. Really put it all across really well, for the average person, to get their head around this very important topic.

Thanks for explaining smart contracts & blockchain precisely! I love how emerging techs are now alleviating our problems.

Say the word Cardano. I am now in. Late to the game, but at least at the party.

Imagine in the future we will have smart ted talks. It's like normal ted talks without someone wasting 10 minutes explaining a story from their past.

Very well explained from lawyers perspective ... Thank You Olga

The simplest explanation about blockchain and smart contract which I ever heard in my life so far.

"Smart contracts are amazing! They can take a census! Or you can rent your backyard to an urban farmer! Do a kidney swap! Pay artists!" She never explained *how*, or why it's better than the existing way of signing a contract. There's already ways of trusting other parties by making copies.

In depth and brilliant examples of how smart contracts resolve alot of issues that were otherwise impossible.

Beautiful and the best description of smart contracts, thank you!!!

This whole time I was waiting for a talk on smart contacts lol. I still learned a lot about smart contracts. Thank you Olga.

Of all the monotonous TED talks on blockchain stuff, this is one of the better ones for sure... 👍🏽

As a developer, I don't think she sufficiently justified the need for blockchain/smart contracts in those examples. Based on her descriptions, they could easily be implemented without blockchain (with perhaps even less overhead)

Olga delivered an awesome talk. I sometimes still question myself is smart contracts/blockchain the only way to solve this problem ? Are we solving a problem in a blockchain way rather than solving it in a much simpler way. Census, renting urban land in developed countries , matching kidneys etc are typically doesn’t sound like blockchain based problems for me. For me blockchain based problem basically should root from lack of trust on the service provider. One example is real estate in developing countries like India. In india , real estate registrations are done by the govt organisation. There are a ton of instances where people working in that organisations manipulate land records and register them to unwanted people in exchange of a bribe. Typically there is no transparency log available to verify the authenticity of chain of transactions and no way to validate double registrations. Insurance is another sector I believe the people are at mercy of the insurance (service) provider to get the claim processed rather than defined agreement. Probably solving these kind of problems are more impactful

Outstanding. Very well spoken and explained. Thank you.

Cardano crypto will make smart contracts very affordable, and make more accessible for everyone around the world with its new Mary Hardford update.

That's incredible. Big shout out to this woman, very nice examples of how Blockchain will be revolutionary and change for good people's lives.

Beautiful and the best description of smart contacts, thank you!!!!

Cardano will allow people to write smart contracts without programming skills. The user-friendly smart-contract network that the world needs.

Excellent prsentation with optimism for a future where news media is block-chained!!!!!

This is the best explanation I have recieved about the Smart Contracts!

Brilliant talk! Love her passion for Blockchain!🙏 it’s September 2021 now and the art she speaks of…NFTs… are selling for millions!🙌🔥🔥

SMART CONTRACTS : 1. They Store Rules. 2. The Verify/Validate Rules. 3. They Self Execute Rules

A good intro to smart contracts, though the examples do not make the need for smart contracts over existing technologies clear. Why is the decentralization and anonymity offered by smart contracts necessary in these examples?

This vid is more suitable for folks who don't necessarily have a technical background but want to learn about the technology (which is a wonderful thing!). Someone else with a technical background might be better of watching/reading more concrete, technical materials

Thank you so much Olga, insightful

This was phenomenal - thank you!

6:20 smart contacts begin here.

Grateful to be watching this - the world will change

Does anyone know the name of the 2nd example (urban farming start up) she is referring to and whether it still exists?

Enlightening.

Getting the bigger picture of smart contracts makes it easier to understand and evaluate it.

What is the difference between a smart contract and a real contract? Is the benefit just a better way of storing the contract? Does it depend on the network? What if the network crashes and fails? What is the carbon footprint of this? Olga Mack left me with more questions than answers. Which is a good thing.

What a great talk!

so few views... we're still early friends

I've never seen this before and it's beautiful. These are the reasons because I love Blockchain.

I wish I heard this earlier

Amazing!

Buy Chainlink and wait.

great words, Olga!

Great talk and share about really great use cases. But as a developer, I think we can still develop it without using blockchain, which I think I still don’t fully get it. Can someone explain more on how it is better to develop using blockchain technically?

There will be many smart contract platforms. Pokadot, ADA, ETH etc. Its getting in earlier now and investing in these projects would be the best thing you do for a long term investment for you and your family. Better than a pension.

Blockchain is the next Revolution 🔥

Nice job Olga. Cheers to you.

Trying to understand.. thank you!

Some of her jokes in the intro are actually pretty good.

Nice speech. Straight from the book

I still don't understand how Smart contracts can do all these things better than the conventional technology we have today...Can someone please explain to me exactly why smart contracts can do these things? I was under the impression that this could already be done without smart contracts.

Buy Ethereum and hold...

$link

I really regret not watching this sooner

Blockchain and SMART Contracts are going to micro-manage and control our lives beyond anything we can imagine. SMART is an acronym for: Self-Monitoring, Analysis, and Reporting Technology. This is about surveillance and control, not liberation. Life will increasingly become a series of conditional privileges you must earn based on criteria created by banks, corporations and governments. Think of enforcable automated terms and conditions on steroids. Of course a lawyer would be in support of this.

A real good primer on smart contracts. Everyone please share this to increase the views.

Does anyone know the name of the decentralized art network in New York? 15:10m Thanks!

She made it easy to understand.

that vending machine analogy... stealing that!

Smart contract talk and no mention of decentralized oracles? Did I miss it?

2022 I’m learning smart contracts on my Mac 😂 I’ll be one of the best!!!

when you see the job post defi smart contract developer from my local banks. this is done. it's real now. thank you.

Vechain is now @ $ 0.085 after a crash from $0.28. I hope the algos will guide me back to this video in 5 years

Is she talking about chainlink???????

No me he enterao' de na'!! Muy atractivo, pero ni me he enterado de qué es un Smart Contract, ni cómo funciona y menos aún cómo llegaría a materializarse en todos esos fantásticos supuestos que nos ha presentado.

She never explained why these things cant be done already......just seems like these things can be done on the internet......"loan out ur garden for urban farming" .....why cant they just pay someone in dollars to do that?

We’re getting closer and closer

Great presentation, Olga! Tell us what you are up to today :-)

It's like a library keeping records but the records can't be changed and also provides answer/question like google search.

Going mainstream. Creative Artists Agency (Hollywood PowerHouse) is now powering Theta token on its 15th node. Deal in the making for 1.5 years. Finally signed off last month. They represent Beyonce, Tom Cruise, David Beckham, Jennifer Lawrence and the list goes on. Tfuel needed to buy nft's. Tfuel staking 30th June.

Actual content in smart contacts starts at 4:15

Question: what is the benefit of decentralize the organs donator library over a more traditional way(one organization host that on their server)?

I appreciated that. She is so nice.

Cardano ADA is about to lift off!!!!!!!!🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀

Does anyone know the company she is talking about, the one that allow people to lend their garden for farming purpose ? Thanks

Imagine a world that the government binds you with a smart contact from the time of your birth!!

Good talk. Is that sansa and arya at 15:24?

Amazing talk.

Anyone knows what the smart contract-based social network for artists in NY's called?

What is the name of the New York social network she refers to?

We are here Changing the world by Smart Contracts...Rocks

Imagine a world where providing all forms of business becomes too technical, monopolizing the entire market to big corporations.

Inspiring

This sounds like the solution that Cardano is building.

I'm just starting

Dont get me wrong im excited about smart contracts and this is a good intro but example with census, what’s the point of having it on blockchain ?

I'm new and trying to understand. Question. Can smart contracts eliminate fraud, such as identity fraud, mortgage fraud, etc?

I find it so baffling that smart contracts and related technologies haven’t received more attention! It might just be a key part of yet another technological leap forward. Here’s to 2030, when dodgy websites can’t steal your money because a smart contract has bound them to the deal!

I still don't understand how this is different than websites and applications we have today. In the urban farming example, I don't get exactly what smart contracts do. Can't you just have a website where you match people who want to farm & people who have backyard space to offer? What exactly does the smart contract assist with?

Profitable traders can't start all by themselves they start with experts first then while making profits learn how to be profitable

Cardano is key

Incredible talk...

Polkadot is the way to go for smart contracts.

So interesting smart contracts are the future

"When I was 27 I went to the local 7/11 for a coca cola. You know how everyone LOVES coca cola?" *the one lady in the audience* BWAHAGAHHAHA "OHHH YEAAA!" 🤣🤪😜😂🤪😁

great talk. ethereum blockchain is going to change the world