Foresight News reports that Vitalik published an article titled (From prediction markets to info finance), arguing that even existing prediction markets are a very useful tool for the world, but prediction markets are just one use case of a category called 'information finance,' which has the potential to be better realized in social media, science, news, governance, and other areas. Vitalik believes that Polymarket has a dual nature; on one hand, it is a betting site for participants, and on the other hand, it is a news site for everyone else.


He stated that information finance addresses the trust issues that people actually face. A common concern in this era is the lack of knowledge (even worse, the lack of consensus), not knowing who to trust in political, scientific, and business environments. Information finance applications can help become part of the solution. Now there is a scalable blockchain as the foundation. Until recently, the fees were too high to truly realize these ideas. Now the fees are not high. He anticipates that a technology that will drive the development of information finance in the next decade is artificial intelligence.