Steven Nerayoff

There are two revolutions going on. There is an underlying revolution that is similar to the commercialization of the Internet that is the underlying plumbing. The plumbing of almost every industry is going to be affected by blockchain technology.

Secondly, there is a separate but related fintech revolution that is going on that partly does involve underlying plumbing for fintech companies that is related to the token itself that sits on top of the protocol. The protocol allows you to make the token programmable. The purists may say that this is not a pure use of blockchain technology but it is a consequence of what blockchain technology can allow you to do and the consequence of that may be large or larger than the underlying technology was originally meant to do.

Where we are today is just at the bleeding edge of what I am certain will be a gargantuan opportunity.

You can invest in blockchain, you can create blockchain technologies, or you can use blockchain technologies—but the option to ignore blockchain technologies no longer exists.

Steven Nerayoff
CEO & Founder at Alchemist