Blockchain technology looks set to follow the example of Linux and be the technological bridesmaid, rather than the bride, according to author Jon Evans. He wrote that similarly to Linux in 1996, blockchain is regarded as a radical technology with worldwide relevance and importance. Evans said he believes it will become an integral part of our daily lives, but also one which we can use for good or ill. He also casts doubt on the runaway valuations of cryptocurrencies and speculates about what more realistic valuations would be.
Blockchain technology looks set to follow the example of Linux and be the technological bridesmaid, rather than the bride, according to author Jon Evans. He wrote that similarly to Linux in 1996, blockchain is regarded as a radical technology with worldwide relevance and importance. But instead of being a game-changer like the internet, Evans theorised blockchain will become a behind the scenes technology, for example, powering financial settlements and data storage systems. He also casts doubt on the runaway valuations of cryptocurrencies and speculates about what more realistic valuations would be.