Square – and especially Twitter (Donald Trump notwithstanding) - have always had a bit of a “little brother” feel amongst Silicon Valley elites. Fortunately, blockchain technology – at least at a conceptual level – can help. If blockchain technology reaches maturity, they will be the means in which we transact and interact with each other online. For instance, Facebook’s 2017 profit was $15 billion, Alphabet’s was $12.6 billion, while Square and Twitter are still striving for profitability. These deficits give Mr. Dorsey more freedom to experiment with technologies such as blockchain that can drive trust and profits simultaneously.

Source: Forbes September 08, 2018 18:33 UTC