Jerry Yang, Co-Founder of Yahoo!, has revealed that he believes blockchain holds significant importance if applied to traditional banking and finance.
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Yahoo! Co-Founder and experienced entrepreneur, Jerry Yang, has announced that he believes blockchain has some serious potential when it comes to the world of banking and finance.
Giving his thoughts on a panel at the Nikkei Innovation Asia Forum, titled “Rising Tides of Innovation in Asia” taking place in Japan, Yang explained how the adoption of blockchain was at a “critical juncture”. First reported by Finews Asia, Yang went on to explain that:
“…as the hype surrounding blockchain and cryptocurrencies is falling away, and while it remains to be seen if it survives this post-hype phase, blockchain technology has important applications to banking and…