FinTech Magazine February 2020 | Page 41

CLICK TO WATCH : ‘ ADOPT IT : TRANSFORMING LIVES AND CHANGING FUTURES ’ 41
the outset of 2018 , leading economist Nouriel Roubini wrote that “ blockchain , which has existed for almost a decade , and still has only one application : cryptocurrencies . Blockchain ’ s boosters would argue that its early days resemble the early days of the internet , before it had commercial applications . But that comparison is simply false . Whereas the internet quickly gave rise to email , the World Wide Web , and millions of viable commercial ventures used by billions of people , cryptocurrencies such as bitcoin do not even
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