The CEO of one of the largest private companies in the US is in love.
At Consensus 2017 today, Abigail Johnson, chair and CEO of Fidelity Investments, went public with her enthusiasm for blockchain technology, bitcoin, ethereum and what the future holds for both open-source, public blockchains and more private alternatives.
In her talk, Johnson discussed the “future scenario” where blockchain technologies have thrived, remarking that she thinks this has a “reasonable chance” of coming to pass despite the relative newness of the technology.
Elsewhere, she argued how collaboration is needed to overcome this unfamiliarity with the technology and help it reach its “full potential”.
This transformation could complement lots of other innovative areas that we see emerging – including the Internet of Things and Artificial Intelligence. These platforms shouldn’t develop in a vacuum, she said.
SatoshiPay is a company that processes nanopayment transactions usually in the form of bitcoins (or smaller Bitcoin units called, “satoshis”). SatoshiPay’s technology is a two-way platform that enables content providers to charge consumers small amounts of money to gain access to the provider’s media.
Blue Star Capital PLC (LON:BLU), the investing company with a focus on technology and its applications within media and gaming, confirmed on 31st January 2017 that it had completed its investment in SatoshiPay.