Machines are getting smarter: trading trillions of dollars in stocks around the world, driving cars, performing surgical operations (570,000 last year), managing and running entire hotels, making cocktails on cruise ships in the Caribbean… truly, we are living in the age of the machine.

Blockchain has allowed the creation of a new business concept with automated management, in which benefits are distributed in a systematized manner among partners, who don’t even have to know each other.  Cristina Carrascosa reveals the advantages of the Decentralized Autonomous Organization in this new installment of #RevolucionBlockchain.

Computers already know how to paint, write poetry, compose music and come up with jokes without assistance. They aren’t able to break molds like the great masters, but machines can be creative, explains Ramón López de Mántaras in the book The Next Step. Exponential Life, which can be download for free on the website of BBVA’s OpenMind project.

BBVA Research places Spain at 30th in the digitization ranking of 100 countries, an intermediate position behind nations such as Germany or France, but ahead of other southern European countries like Italy or Portugal. However, Spain “is much better prepared for the Fourth Industrial Revolution than it was for the previous ones,” says Rafael Doménech, head of Macroeconomic Analysis at BBVA Research.

A hyperconnected generation, with new habits of consumption of products and services, that approaches the technology in a different way.  They are the millennials.  The relationship of these new consumers with banks is morphing towards a new model, but, what are their financial habits?

The experts at Blockchain Day 1 all regretted that the speculative aspects of blockchain technology could mask its main benefits.