NICHOLAS CARY ON APPLE PAY: ‘SAME OLD LEGACY INTERESTS, SAME OLD COMPLIANCE COSTS’

LONDON (InsideBitcoins) – ‘The block chain is the largest distributed computer network in the world,’ Nicholas Cary, CEO of Blockchain.com told the attentive audience at the recent Inside Bitcoins Conference in London. ‘It’s far bigger than the human genome program even. ‘It’s in a constant state of consensus which is an incredible thing in itself, a network, which everyone agrees on simultaneously across borders. And London is growing – turning into a hub for digital currency.’
For Cary though, it’s the global appeal of the block chain that makes it so interesting.
‘We’re creating a world without financial borders; email was great and we all signed up to it because it had some value. With bitcoin we’re literally sending value from here to there, instantly. I’m hoping,’ he added, ‘that the first transaction between earth and outer space is going to take place this year.’

This post was published at Inside Bitcoins on Sep 18, 2014.