/biz/ - Business & Finance

Tiger mommy working her magic again

https://www.forbes.com/sites/darrynpollock/2019/07/02/is-google-chasing-the-90-potential-of-blockchain-that-facebook-left-out/

>Chainlink CEO, Sergey Nazarov, spoke to Forbes about the value of smart contracts in the blockchain space. "So, for the people at Google, they are looking at the two directions. One direction is heavy tokens, which is fine, and then the other direction asks: 'what else can blockchains do?' and my sincere opinion is that tokens are maybe 10 percent of what this stuff can do."

>"I think the difference between Facebook and Google is that Facebook may have a real interest in payment and crypto stuff, but Google may have an interest in building these highly useful contracts by building useful infrastructure to make that possible."

>Nazarov confirms that there is a growing interest from the internet giant. "There are people in Google that are very interested in blockchain," he added. "The thing with Google is that it is very focused, and they have their systems and processes that lead them to success in a focused way. There are people in Google, and official positions, that I know of that are related to blockchains - and I have seen an increase in that since a year ago."