Blockchain's Role in Redefining Financial Infrastructure

Jack Kong, CEO of Nano Labs, posted on X about the transformative impact of blockchain technology on financial infrastructure. The concept of 'new primitives,' as mentioned by a16z's founder, highlights the ability to coordinate people and capital at internet scale, embedding ownership directly into systems. This represents not just technological innovation but a fundamental shift in economic organization. With ownership executable through code, traditional intermediaries and trust mechanisms are being redefined. We are indeed in the early stages of the blockchain financial era.