Unbalkanizing the Blockchain Ecosystem: Emergence of Semantic Blockchain

In a recent interview Bitcoin core developer Jeff Garzik proffered a vision of the Blockchain development phase now underway, in which he described ‘a mesh network of cross-chain smart contracts’.
To those familiar with the ideas of the Semantic Web and the global ecosystem of Linked Data these concepts should sound startlingly familiar.
Initial Tremors The Semantic Web of Linked Data was supposed to transform the Web from a distributed file system into a distributed database system’. But way back in 2006, Sir Tim Berners-Lee, the man credited with the WWW conception, said that the vision of the Semantic Web was ‘largely unrealized’.
For many this proclamation definitively sounded the death knell on an ambitious area of research. Google trends is an easy mechanism for confirming this dismal state of affairs, and it seems safe that the notion of the ‘Semantic Web’ can now take up its mantle in the dustbin of history.

This post was published at Coin Telegraph on 2016-08-12.