VANCOUVER – At the recent Web Summit in Canada, Nationsfirst Technologies CEO Ethan Clark revealed how blockchain innovation is creating new economic pathways for Indigenous communities. The tech entrepreneur sat down with CGTN's Dan Williams to discuss his company's mission to bridge traditional knowledge with cutting-edge solutions.
"Blockchain isn't just about cryptocurrency – it's about creating transparent, community-owned systems," Clark explained, describing how distributed ledger technology helps Indigenous groups manage resources and preserve cultural heritage through secure digital records.
The Vancouver-based startup collaborates with First Nations communities to develop customized platforms addressing land rights documentation and sustainable revenue models. This approach has drawn attention from investors seeking socially responsible tech ventures in North America's $30 billion Indigenous economy.
While blockchain adoption remains nascent in community development projects, Clark emphasized its potential: "We're seeing growing interest from Pacific Rim nations looking to balance economic growth with cultural preservation." The discussion highlighted how Asian tech hubs could adapt similar models for rural development initiatives.
