On this week’s episode of Odd Lots we speak to Angus Champion de Crespigny, who formerly advised companies on how to use blockchain technology, but who now believes that ultimately it won’t get them anywhere. In our discussion, he explains the limitations of the technology, and where he sees actual opportunities.
Why Blockchain May Never Benefit Corporations
As someone who’s been involved in both public and private blockchain development, there is an element of truth to Angus’ statements. But advisors at various projects probably said the same of Electronic Data Interchange (EDI) back in the early 70s, if they were born yet 🙂
Enterprise/private blockchain is EDI, re-architected.
Source: A Former Blockchain Believer Explains Why It Will Never Benefit Corporations – Bloomberg, Joe Weisenthal and Tracy Alloway, November 19, 2018