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Homepage > News > Business > Ian Grigg on blockchain concepts, Triple Entry Accounting On this special episode of the CoinGeek Weekly Livestream, Kurt Wuckert Jr. welcomed legendary financial cryptographer and inventor of the Ricardian Contract, Ian Grigg. The conversation covered accounting, identity, and blockchain’s potential role in both. title=”YouTube video player” frameborder=”0″ allow=”accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share” referrerpolicy=”strict-origin-when-cross-origin” allowfullscreen=””> Welcome, Ian Grigg! Wuckert introduces Grigg, telling us how he was an early pioneer of the concepts many think are new in blockchain today. Grigg was involved in the early Internet and helped shape some of its culture today, and he has been involved in blockchain in some form or another from the outset. Grigg reminds us that people have been working on electronic cash since the ’90s. He and some of his peers built the first digital currency exchange, but that was all long before Satoshi came along with Bitcoin. Smart contracts are built from older concepts Wuckert acknowledges that people think of smart contracts as 2015 technology, but they’re decades old. People like Grigg helped form this tech, and he wants to know if any of his predictions from then came true. Grigg says that, back then, many of the people involved were standard engineers and businesspeople. When he invented the Ricardian Contract, it was delivered so that value couldn’t be exchanged without some extra magic on the server side. This was deliberate because they feared people would issue value and pump and dump it. That prediction, at least, came true. Now that regulators have stepped into the picture and are coming after ‘crypto’ criminals, some of that older, trusted technology will be relied upon or iterated again. Grigg is clear that there’s no avoiding regulators, whatever one may think of them; the digital asset community…

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Filed under: News - @ April 18, 2025 11:24 am