Cryptocurrencies and Blockchains

Protocols are the plumbing of the internet. Most of the protocols we use today were developed decades ago by academia and government. Since then, protocol development mostly stopped as energy shifted to developing proprietary systems like social networks and messaging apps.

Cryptocurrency and blockchain technologies are changing this by providing a new business model for internet protocols. This year alone, hundreds of millions of dollars were raised for a broad range of innovative blockchain-based protocols.

Protocols based on blockchains also have capabilities that previous protocols didn’t. For example, Ethereum is a new blockchain-based protocol that can be used to create smart contracts and trusted databases that are immune to corruption and censorship.

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The umbrella that forecasts the weather

A piece of furniture that speaks to us — that’s the definition of Rose’s vision for the future with enchanted objects. The Ambient umbrella communicates with its owner through a series of patterned blue lights that indicate if the forecast calls for rain. Armed with your ZIP code, a wireless receiver at the handle of the umbrella connects to AccuWeather and then glows and pulses a gentle blue light if the weather looks frightful. This battery-powered umbrella is on the market — but it’s a lot more than the cheap $3 model on every street corner. This one will run you $125.

The onesie that monitors your baby

High-tech helicopter parent, this one’s for you. The Mimo Baby Shirt measures infant respiration, skin temperature, body position, sleep patterns and activity levels. The organic (of course) cotton onesie is fitted with machine-washable sensors that can be monitored in real time through your home’s Wi-Fi network. It also includes a microphone, so that you can stream your baby’s sound to your smartphone, and the accompanying app allows you to crunch analytics about your baby’s sleep patterns. Originally marketed to medical device development companies, they had a direct-to-consumer eureka moment when parents began contacting them to use their sensors, and, according to their website, they “haven’t looked back since.” For $299 — a package that includes three onesies that come in only one size for infants up to 3 months — you can pick up one of these at your local Babies “R” Us.

Pocket Supercomputers for Everyone

By 2020, 80% of adults on earth will have an internet-connected smartphone. An iPhone 6 has about 2 billion transistors, roughly 625 times more transistors than a 1995 Intel Pentium computer. Today’s smartphones are what used to be considered supercomputers. Internet-connected smartphones give ordinary people abilities that, just a short time ago, were only available to an elite few: “Right now, a Masai warrior on a mobile phone in the middle of Kenya has better mobile communications than the president did 25 years ago. If he’s on a smart phone using Google, he has access to more information than the U.S. president did just 15 years ago.” — Peter Diamandis

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