The future of work and the decentralization of workforce

 

 

The internet era has ushered in a new information age which has decentralized the dissemination of information. This has led to trickle down effects, and led to re-imagination of previously held norms. The workplace as we know it, has largely remained the same since the 19th century. However, a new crop of young professionals sees the benefits of decentralization of the workforce.

One such individual who is engaged in advocating for a decentralized workforce is Santosh Yellajosula, who joins us in this week’s edition of the wisinomad Dialogue Series. Santosh shares with listeners how the desire to strike out on his own led to a career in policy-making, and ultimately led to him working as a decentralization activist.

 

“Cryptocurrency industry is a model example of how a decentralized workforce can be successful. By employing the blockchain-based distribution system, cryptocurrencies ensure that no single entity exercises majority control.”

 

Digital Nomadism, an example of decentralization

 

He envisions decentralization as a means to empower local communities, rather than a central authority, which is not immediately in touch with local problems. Likewise, he believes that workplace needs to evolve, and harness people’s passion even across geographical limitations. Thus, the digital nomadic revolution has facilitated a much better environment by which individuals can seek out skilled individuals, and not require they work in close proximity.

Santosh cites the cryptocurrency industry as a model example of how a decentralized workforce can be successful. By employing the blockchain-based distribution system, cryptocurrencies ensure that no single entity exercises majority control. It’s ease of use across borders allows a more dispersed workforce.

 

A new global economy

 

International collaboration is a cornerstone of the new global economy. Santosh highlights how programs that allow one to spend time in a different culture or in a target market can enrich one’s experience as well as inform strategy. Santosh also moonlights as a cryptocurrency investor, but remains steadfast in his conviction about decentralization, although he invests for profit.

Listen into the podcast to learn more about the companies he invests in

 

To learn more about wisinomad, visit www.wisinomad.com, and send in your application

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  1. […] workplace, Santosh Yellajosula, a major proponent of the decentralized workplace joined us on the wisinomad Dialogue Series to discuss this issue. He believes the effect of a switch to a decentralized structure would be to […]

  2. […] While travel constitutes a great deal of the digital nomadism, it is still work. You have to be productive in your work, and consistently deliver in order to have sustenance. This is greatly enhanced by distance, and can be quite stressful. In fact, many digital nomads experience this as they start out in their experience. And as Santosh Yellajosula laments “it is actually work.” […]

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