Blockchain needs a reason to exist, says Boris Johnson

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Blockchain needs a reason to exist, says Boris Johnson
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Blockchain needs a reason to exist, Boris Johnson tells roomful of blockchain pros

Former British prime minister BoJo has used one of his first speaking engagements since losing that job to appear at a blockchain conference in Singapore, where his expert opinion on the subject boiled down to a belief the public needs to be convinced there's a reason for it to exist.

He eventually proved that either he or his speechwriter had at least been briefed on what blockchain was by calling the technology's pioneers"people who are at the cutting edge of a new and still infant technology whose possibilities the whole world is now struggling to assess." It became clear where Johnson felt blockchain currently sits in the cycle as he later told a moderator who repeatedly attempted to bring him back on topic"You have to be able to convince people use cases are real."

Johnson also waxed lyrical about the need for an open and free society first in order to foster such innovation.

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