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.”
Meta has unveiled an app called Threads to rival Twitter, targeting users looking for an alternative to the social media platform owned — and frequently changed — by Elon Musk.
Complete sexual assault case folios containing intimate details were among more than 300,000 files dumped online in March after the 36,000-student Minneapolis Public Schools refused to pay a $1 million ransom. Other exposed data included medical records and discrimination complaints.
China has restricted exports of high-tech metals gallium and germanium, which are critical to making chips, in response to the U.S. blocking them from access to advanced chips.
Technology has changed the way people do everyday tasks, including grocery shopping. Cheddar News took a peek at a smarter way to shop with an AI-powered shopping cart.
