You have probably come across the word ‘blockchain’, but you may not fully understand what it is. That’s hardly surprising given that the people driving the technology can’t agree.
One of the UK’s key investors in blockchain-driven start-ups sums up the situation bluntly. “The blockchain community is up its own arse in terms of its technical complexity,” says Jamie Burke, chief executive at Outlier Ventures & Convergence VC.
“There are incredibly political and heated debates about what is or isn’t a blockchain and the use of it. They need to realise that no one cares about the tech; they care about the value it can bring. They need to shift the conversation.”
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