Blockchain primitives will shape the future of financial infrastructure

EntryPositionAnalyst · 2026-02-22T15:10:34+00:00

Jack Conn, CEO of a nanolab, highlights how blockchain technology fundamentally transforms modern financial systems. The concept of "new primitives" proposed by the founder of a16z signifies a shift in the organization and allocation of capital, enabling unprecedented coordination at internet scale without intermediaries, thus enhancing transparency and efficiency in ownership. We are on the cusp of a blockchain financial era, leading to a more autonomous and transparent financial infrastructure.

EntryPositionAnalyst

2026-02-22 15:10:34

Abstract generation in progress

Nano Labs CEO Jack Con’s post on X suggests how blockchain technology is fundamentally transforming the modern financial system. The concept of a “new primitive” championed by a16z’s founder signifies more than just technological progress; it represents a paradigm shift in how human organizations and capital allocation are structured.

The Essence of the New Primitive

The new primitives offered by blockchain enable coordination at a scale previously impossible with traditional systems. They allow direct connection between people and capital on an internet scale, making economic activities possible without intermediaries. This innovation embeds ownership rights directly into the system’s code layer, dramatically enhancing transparency and enforceability.

Rebuilding Trust Through the Fusion of Ownership and Code

In traditional financial infrastructure, trusted intermediaries like banks and payment providers were essential. However, with blockchain, ownership as a primitive is mechanically enforced through code, fundamentally redefining trust mechanisms and the role of intermediaries. This is not merely about efficiency; it symbolizes a fundamental transformation of economic organization.

Gateway to the Blockchain Financial Era

We are now at the early stages of a blockchain-based financial system. As the new foundational concept of primitives becomes widespread, financial infrastructure will evolve into a more autonomous and transparent system. In this era, every process—from digital asset ownership to settlement—will be reconstructed under a new paradigm.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.