Go to the goal: Chairman of the Board of Directors praised the Ethereum

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2018-11-08 23:45:06

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Go to the goal: Chairman of the Board of Directors praised the Ethereum

Billionaire and Chairman of the Board of Directors of Google, Eric Schmidt, has publicly stated that he considers the Ethereum «a very powerful platform» with virtually unlimited potential. In the Global Village conference in San Francisco, Schmidt talked about new technologies in the field of Finance, corporate governance and the Internet.

the

What is the future holders of Ethereum

The blockchain Is overrated technology? To this question, Schmidt responded at the very beginning of his speech.

If you take the number of mentions of the blockchain to the public, then it can be considered overrated. However, in the field of technical applications of the technology there are still a lot of potential. Blockchain is the best (at the moment) a system that allows to process financial transactions without the presence of intermediaries.

According to him, active development of Ethereum could soon lead to a real revolution in business and public relations.

I think the big interest right now is the ability to use the blockchain for practical purposes. This is exactly what Ethereum can do.

It is Noteworthy that Eric Schmidt has always been one of the most ardent supporters of Bitcoin. In 2014 he called the cryptocurrency unique technological improvement with tremendous potential. According to him, is an amazing achievement cryptography. The ability to create something that cannot be copied in a digital world has enormous value. In the future many people will acquire on this concept a fortune.

Schmidt first learned about Bitcoin back in 2011. Cryptocurrency introduced by the Creator of Wikileaks Julian Assange. Then Schmidt, who interviewed Assange and the latter insisted that in the future Bitcoin will have a huge cost to society.

image Source — Opinion Hall

Recall, other Google employees also fanateyut from the crypt. Recently, the search giant's co-founder Sergey Brin that mines bitcoin together with his son. The CEO is also the home miner to mine Ethereum.

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