In ten years, time, web3.0 and blockchain will drive each of us to have a digital ID as our prime ID. This means our various identifications on social platforms will be fluid. The social media platforms will have no control as you move your ID and private blockchain wallet from place to place. This could be the end of the platform age.

The conversations today are less about the social media platforms dominating our personal expressions but the shift away from the platform economy that has dominated Web.2.0 to the open source self-identification economy that will dominate the next ten years. This stretches across financial and healthcare sectors and how governments sustain sovereign control over the value of nearly anything as each of us becomes our own market (physical and virtual) that is protected by our own digital wallet and the power of blockchain technologies.

This will drive a whole new sense of worth, identification, and privacy and completely re-structure what assets we own, trade, and borrow against. Watch out Crypto world. If cryptocurrency is one of the first deployments for blockchain, it could be less significant in ten years’ time. Blockchain will allow us to take our own agency back.

Tim Tully is the CEO of Zelcore, the world’s first gateway for Web3. Offering the easiest way to navigate all major exchanges and blockchain protocols, Zelcore empowers people to find quickly, manage, trade, and truly own their digital assets and information. Tim has over three decades of experience working in senior leadership roles at some of the world’s largest financial institutions, including T. Rowe Price, BNY Mellon Wealth Management, and State Street.