Block chain meets Big Tech

sanees(54)
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#steem
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Facebook

As many of you know, there are rumors of FB buying coinbase or a Payment crypto product. There are engineers and teams around block chain tech in facebook and they are exploring the best way to adopt the technology and stay ahead

Google

Now there seems to be an interest from google in the block chain technology
https://www.cnbc.com/2018/07/09/brin-says-google-failed-the-bleeding-edge-blockchain.html . It wouldn't be surprising if there are advanced projects already happening related to block chain in google X-labs

Impact on steem and other crypto

These companies have vast resources and talent. They could easily take the block chain and adopt them into the product in a useful way and still have a great business case. There needs to be careful observation of how this play out. My worry would be crypto coin model based money creating is sustainable