Author: Justin Campbell

Blockchain and Sex

Blockchain is often described as a solution in need of a problem. Despite being eight years old few people transact in bitcoin or other cryptocurrencies. Outside of its success as a speculative investment, cryptocurrency has seen little adoption and has become more akin to investing in gold than a trading currency. Yet this may soon change as an Australian start-up company is developing a cryptocurrency tailored for the needs of the adult industry. Australian startup company “intimate” has created a cryptocurrency to meet the specific needs of the adult industry. Recently, I interviewed Leah Callon-Butler intimate’s co-founder who said: Crypto is still an infantile technology and it will be some time before we realise the equivalent Web 2.0 of blockchain. Given our team’s deep expertise in both crypto and adult – and the rampant institutional bias and social exclusion that exists within the sex industry – we knew that this would be the perfect use case as a proof of concept for a decentralised solution. Many people do not realise that the problems in the …