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Ethereum’s Buterin: Misapplication of Blockchain Tech Leads to ‘Wasted Time’ - Printable Version

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Ethereum’s Buterin: Misapplication of Blockchain Tech Leads to ‘Wasted Time’ - Carsten - 2018-11-28

He is right.

"Speaking at the Devcon4 blockchain conference, the Ethereum cofounder said that although there are a number of companies that try to establish higher standards by using blockchain technology, he does not think the technology is applicable in every industry:
Quote:
“Sometimes it is for marketing hype. Sometimes it is just people who are genuinely excited about blockchains and want the thing they are personally excited about and their job to align more with each other, which is a totally legitimate, human thing to want to do.”
Buterin identified cryptocurrencies and cross-border payments as industries for which blockchain tech is most suitable. “All of the other ideas — whether we’re talking about products or the self-sovereign identity stuff — that’s clearly something that still needs much more time to be worked out before we can see [whether it] makes sense at scale,” Buterin added."

https://cointelegraph.com/news/ethereums-buterin-misapplication-of-blockchain-tech-leads-to-wasted-time