In recent years, it has become fashionable to complain about the internet – it seems as if we screwed up, unable to exploit this technology to the benefit of all, are spied on by every government on earth and created Trump, Brexit and everything evil with it. While one could argue about that point of view, I see no doubt that blockchain as a technology may help us to improve current deficits and shortcomings or even provide a second chance to build the internet closer to the way it was once imagined (everyone should read the Declaration of the Independence of Cyberspace by John Perry Barlow from 1996 every once in a while).
With so many good resources out there to explain blockchain fundamentals, I’ll spare you my personal version of re-phrasing them. (I added a link list to the end of the article with what I recommend to read/watch).
Instead, let me start with a quote by Marc Andreessen from 2014 (!).