William Mougayar: What is The State Of Blockchain?

William Mougayar: What is The State Of Blockchain?

Ameer Rosic
01/25/17 9:34 AM 2019-01-28 11:52:48
Hi, I am William Mougayar. I am the author of The Business Blockchain that came out as the first book talking about the business implications of the blockchain. I am also a researcher and an investor

Hi, I am . We need to see more applications, and we have to see more users using these applications.

In the business sense, companies have figured out that the blockchain is a big savings type of application. They will spend perhaps the next ten years cutting costs, improving processes, and trying to figure out how to re-engineer their operations for the blockchain. But the consumers need to see more applications that are very easy to use, and we need to see more of that. So the challenge is for the developers to start to think regarding millions of users, not just a handful of users, when they develop these consumer types of applications

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What You Most Excited About?

I am very excited about the prospect of using cryptocurrency, not just as a money equivalent, but using it as a way to earn something as a result of doing some type of work. If you think about it, we all have a third job. The first job is the current job that you have that you get paid for. The second job is the taking care of yourself, of your family, and of your surroundings. But the third job is a job that other companies have given us in the area of self-service. When we go and track a package, for example, we are doing the job of somebody else. When we go on social media, we are spending time but we are not getting compensated for it. In the near future, I’m seeing cryptocurrency coming in as this new unit of value that is going to allow us to get compensated for the time that we are spending.

An example might be a marketplace called

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