Quote:
Originally Posted by BigRedChief
Forbes ideas
https://www.forbes.com/sites/andrewr.../#dac459756000
But, blockchain itself is simple to set up and cost nothing. Because people don't understand how it works, companies are getting paid money to set it up. I just don't see that as sustainable. Your own competent techs in your shop can set it up easily. I wrote up a how-to document in a day that allowed the 5th biggest corporation in the world to set up blockchain as a test run. That was just a side job for the conglomerate.
Thats the thing about blockchain. It's easy and accessible to everyone. It's going to allow everyone to securely share information within the corp or network. It's going to benefit humanity tremendously but make people rich? Maybe at the start but long term? Nope. |
I work in health care policy so I can see the way that blockchain can/will transform the healthcare industry...that said, I'm a bit more cynical than you regarding how it will benefit humanity tremendously; I see it more as a perfection/perfecting of the microphysics of power via data, but that is more an indictment on humanity than the technology behind blockchain....
If I were to be bullish on any one company in the space, it would be Ripple. I think the currency is pretty much worthless, however, the transaction networks they've established make them a leader in the financial space. That said, I think there is a relatively low barrier to entry into that marketspace so they could be easily overtaken by anyone with deep enough pockets.