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Blockchain platform is next Apple: Steve Wozniak

IANS  |  London 

is bullish on the Blockchain platform Ethereum, saying the could be the next

Addressing the gathering of over 5,000 people at "WeAreDevelopers" conference in Vienna, on Friday, he said: "interests me because it can do things and because it's a platform."

is an open-source, Blockchain-based distributed platform and 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

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 will achieve their full potential in a decade, according to Wozniak, who hailed the as "the next that is about to happen".

Apple's quoted 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--governments--and because it is based in mathematics, so it cannot be altered, "it is pure".

At the "Money 20/20" conference in in 2017, Wozniak said Bitcoin is better than gold and the US dollar.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, May 19 2018. 10:32 IST
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