10 Things About Ripple

Ripple CEO: ‘Blockchain tourists’ are making nothing more than science experiments

In a Quora interview, Ripple CEO Brad Garlinghouse said too many people are using blockchain “as a buzzword”. And “Blockchain tourists” are littering the space with concepts which could be better served as databases”.

Blockchain is like the new big data or AI – too many people are using it as a buzzword and not focused solving a real problem. We like to call them Blockchain tourists! There are many applications that are nothing more than science experiments.

Some of the uses being implemented for blockchain could actually work better with a database. There are examples out there that blockchain is not most applicable for and that is why Ripple is focused on a real world use case, solving a real (and very large) customer problem, which has converted into commercial traction that is unmatched in the enterprise blockchain space.

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Source: www.quora.com/session/Brad-Garlinghouse/1