Apple’s co-founder Steve Wozniak, steps into the blockchain world with a blockchain project. This comes soon after, Wozniak sold off all his bitcoins to maintain his peace of mind amidst the high volatility in prices.
Wozniak’s inclination towards blockchain is disclosed in an exclusive for NullTX, during the ChainXchange blockchain conference, held in Las Vegas during August 13-15 August. He seems to be quite hopeful for the new project as he stated:
“I’m involved with, very soon, my first time being involved in a blockchain company. <…> Our approach is not like a new currency or something phony where an event will make it go up in value. It’s a share of stock, in a company. This company is doing investment by investors with huge track records in good investments in things like apartment buildings in Dubai.”
According to him, blockchain hs immense potential that is still unexploited. Wozniak adds that his project has value because it transcends the purely speculative dimension of actual cryptocurrency.
“It’s so independent! It’s kind of like the internet when it was brand new… I was amazed at the technology behind it. <…> I’ve encountered people working in real estate avenues, types of Uber systems, everything we’ve got in our life, especially involving transactions <…> Every single one you hear about, to me, has value…. A few people can see the value, which reminds me very much of the early internet days.”
Wozniak gave no further insight into the upcoming project or the nature of his involvement. Though we can foresee a high level of credibility attached to the project as a personality like Wozniak is backing it.
While he was on the topic, Wozniak compared the Ethereum blockchain as a kind of Apple’s App Store. As both the platform enables millions of companies to develop specific applications and place them in a vast market. The difference being that Apple continually centralize power over the applications on its platform and Ethereum does not.
“Ethereum provides the tools for a blockchain application of your own… I see more people using Ethereum that way.”
Read More: Apple Co-Founder Steve Wozniak Compares Ethereum to Apple
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