Blockchain Quotes

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Blockchain Quotes

Blockchain itself is not dangerous, but if we start using decentralized blockchain as a complete substitute for our traditional transaction methods, then I am afraid, it would destroy the very human foundation of our financial system.

Abhijit Naskar

Centralized blockchain can be a great boon to the society, especially in the developing parts of the world, whereas decentralized blockchain will only cause chaos and destruction.

Abhijit Naskar

The blockchain does one thing: It replaces third-party trust with mathematical proof that something happened.

Adam Draper

The Internet is programmable information. The blockchain is programmable scarcity.

Balaji Srinivasan

Blockchain. The biggest opportunity set we can think of over the next decade.

Bob Grifeld

The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.

Don & Alex Tapscott

Blockchain’s a very interesting technology that will have some very profound applications for society over the years to come.

Kenneth C. Griffin

Blockchain is the tech. Bitcoin is merely the first mainstream manifestation of its potential.

Marc Kenisberg

The ledger, the distributed database – it’s called a Blockchain – is held in the cloud by all the parties involved. It can’t be broken by any of them. It’s cryptographically too strong. You would have to compromise the entire network to take over Bitcoin.

Naval Ravikant

Bitcoin and other cryptocurrencies are dependent on blockchain – the underlying distributed ledger that guarantees tamper-resistant permanent transactions – to do business. But that’s not all blockchain does, or has the potential to do.

Olawale Daniel

The blockchain is all about bringing in transparency and efficiency into the existing systems which are running the upstream and downstream supply chains and making them more proactive and predictive.

Rahul Guhathakurta

Blockchain by itself isn’t transformational, however it is foundational. As a foundational innovation, Blockchain’s value can only be fully realized when the business process is transformed to take advantage of its capabilities, leading to ROI for existing business models and the ability to create value through new ones.

Tom Golway

Without transforming the business process, Blockchain only offers the potential of incremental value in reducing TCO.

Tom Golway

Blockchain software companies may end up being amalgamated into existing software giants, at which point blockchain patents will just become part of the existing patent war.

Vitalik Buterin

The main advantage of blockchain technology is supposed to be that it’s more secure, but new technologies are generally hard for people to trust, and this paradox can’t really be avoided.

Vitalik Buterin

In the blockchain world, each user can and should own their data, and ‘central’ players are less vulnerable to data losses and breaches.

William Mougayar

The blockchain cannot be described just as a revolution. It is a tsunami-like phenomenon, slowly advancing and gradually enveloping everything along its way by the force of its progression.

William Mougayar

The blockchain is an asset normalization platform that can enable a new liquidity in transactions, hence creating large networks of usage and value effects with benefits in speed, cost, quality, or outcomes.

William Mougayar

The blockchain symbolizes a shift in power from the centers to the edges of the networks.

William Mougayar

You have to think of the blockchain as a new utility. It is a new utility network for moving value, moving assets.

William Mougayar

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