Imagine this: you’ve found your dream apartment and you want to close the deal. But instead of dealing with realtors, lawyers, and banks, you just enter a passcode, and you’re done. “That’s just one example of how I think the blockchain will come to reinvent how business is done and consumer experiences,” Bryan Schreier, partner at venture capital firm Sequoia Capital, told Cheddar. He says the technology could wipe out layers of inefficiencies and middlemen. Schreier, who sits on the boards of Dropbox, Thumbtack, and Qualtrics, said he sees a dozen pitches from start-ups in the crypto space every week. “It reminds us of the early days of the internet…[which] promised to reinvent companies across a number of different industries,” Schreier told Cheddar. But he cautioned that the world he envisions is probably a decade out. “It’s still very early.”

Share:
More In Technology
CVS Health Backs Virtual Care and Digital Medicine Provider Biofourmis in $300 Million Funding Round
Virtual care and digital medicine provider Biofourmis recently raised $300 million in a Series D round led by General Atlantic and with participation from CVS Health. Biofourmis offers at-home care and digital therapies backed by artificial intelligence, which can remotely monitor patients while they are at home. The company says it hopes its technology can improve patient outcomes while reducing the cost and burden of care. Kuldeep Signh Rajput, Founder and CEO of Biofourmis, joins Cheddar News' Closing Bell to discuss.
Technological Breakthrough in Head Injury Prevention
Dr. Michael Bottlang and Dr. Steve Madey, co-founders of WaveCel, join Cheddar Innovates to share their breakthrough in hard hat design that could have ramifications for protecting against head trauma across industries.
3D Printing Meets Vitamins
Melissa Snover, Founder & CEO of Nourished, joins Cheddar Innovates to discuss her one-of-a-kind business that offers customizable, 3D printed vitamins that offer less hassle, cost, and waste than traditional vitamins.
Mental Health Platform Real Announces Funding Round of $37 Million, Newly Appointed Adviser Megan Rapinoe
Mental health platform Real recently raised $37 million in a Series B round led by Owl Ventures. Through its mobile app, Real says it provides mental health care at a lower cost than traditional therapy and aims to make mental wellness a part of everyone's daily routine. The company also announced that U.S. soccer star Megan Rapinoe will serve as an adviser to the company. Ariela Safira, Founder & CEO of Real, joins Cheddar News' Closing Bell to discuss.
Load More