Overstock CEO and Medici Ventures President Jonathan Johnson has been betting on crypto corporations for many of the final decade. Now he believes
Overstock CEO and Medici Ventures President Jonathan Johnson has been betting on crypto corporations for many of the final decade. Now he believes these investments are lastly able to enter the true world.
In an interview on the Digital Cash Discussion board throughout CES 2020, Johnson talked about Medici’s portfolio of corporations and stated lots of them are delivery merchandise. He nonetheless believes, nevertheless, the ecosystem is being pushed by early adopters.
“There’ll at all times be early adopters who take it and it’ll change into extra widespread. I believe we’re within the early adopter stage of product in manufacturing, not the widespread stage fairly but,” he stated.
Johnson believes the true worth blockchain brings is not fairly clear however it will likely be because the use circumstances change into extra seen. He sees corporations like Voatz as main the way in which in blockchain-powered options.
“It is understanding which issues the expertise solves,” he stated. “So, for instance, within the voting house, it is abroad voters. It is army personnel and their households. Or it is disabled voters the place the mayor has to have a compliance mechanism to adjust to the Individuals with Disabilities Act.”
In the end, he believes mass adoption comes from understanding.
“Blockchain applied sciences may [solve those problems.] So when these corporations can clarify the answer that they are offering, then I believe it turns into extra readily adopted,” he stated.
Try the remainder of the video for the remainder of his feedback on blockchain adoption.
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