The blockchain technology is not new

People eat myths and lies like never before. You just have to repeat a false mantra one thousand times: once you get the lie spread and being repeated by others you have won.

The number one lie about the blockchain technology is that it is new. Yet it is simply a W.O.R.M. database: Write Once Read Many dated November 1987. There is no value in a technology itself: a digital value comes from 3 metrics:

  • from the hardware ;
  • from the software (application) running on the hardware ;
  • the value that you put on your data (your business or goodwill).

When I hear that the blockchain technology is going to revolutionize the world, I know that your mind has been DDoS.

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