Prof. Clippinger: ‘Gold is basically just for jewelry, but the Crypto Economy can validate all sorts of assets’ 

John Clippinger is Research Scientist at the MIT Media Lab Human Dynamics Group where he is conducting research on trust frameworks for protecting and sharing personal information. He sees crypto economics as a new way of how value is created. John thinks ICO’s (Initital Coin Offering: creating your own token/coin on the blockchain) and the digital coin economy will scale up and fully replace the current financial system, which failed.