Advertisement

Apple co-founder Steve Wozniak believes that blockchain will the next big technological revolution

Wozniak said that he has a positive outlook on blockchain and virtual currencies due to the fact that they can change many different areas and industries.

Advertisement
Indo Asian News Service|May 19, 2018, 13:10:33 IST
Apple co-founder Steve Wozniak is bullish on the Blockchain platform Ethereum, saying the technology could be the next Apple.[caption id="attachment_4423677" align="alignleft" width="380"]Apple co-founder Steve Wozniak. Reuters

Apple co-founder Steve Wozniak. Reuters[/caption]Addressing the gathering of over 5,000 people at "WeAreDevelopers" conference in Vienna, Austria on Friday, he said: "Ethereum interests me because it can do things and because it's a platform."Ethereum is an open-source, Blockchain-based distributed computing platform and operating system featuring smart contract functionality.It is a decentralised platform for applications that run exactly as programmed without any chance of fraud, censorship or third-party interference.Wozniak has always been a fan of Bitcoin and other cryptocurrencies.According to a report in CoinTelegraph, Wozniak said that he has a very positive outlook on blockchain and virtual currencies due to the fact that they can change many different areas and industries.The blockchain and cryptocurrencies will achieve their full potential in a decade, according to Wozniak, who hailed the technology as "the next major IT revolution that is about to happen".Apple's co-founder quoted Twitter CEO Jack Dorsey who recently said that Bitcoin will become the world's "single currency".Wozniak said he believes in Bitcoin because it is not related to a central authority government and because it is based in mathematics, so it cannot be altered, "it is pure".At the "Money 20/20" conference in Las Vegas in 2017, Wozniak said Bitcoin is better than gold and the US dollar.

Handpicked stories, in your inbox
Global stories. Indian perspective. Zero noise.
No Spam. Unsubscribe Any Time.
First Published:May 19, 2018, 13:10:33 IST
Advertisement
Advertisement
Trending Stories

China's Kimi K3 challenges US AI leaders with frontier-level performance at lower cost

Chinese artificial intelligence startup Moonshot AI has unveiled its latest open-weight AI model, Kimi K3, with early results suggesting it could compete with some of the world's most advanced AI systems developed by leading US companies
2 min read
Advertisement
Advertisement
Up Next