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.”
DoorDash set quarterly records for total orders and revenue despite slowing U.S. restaurant traffic.
Hollywood’s video game performers are going on strike, throwing part of the entertainment industry into another work stoppage.
Some of the smallest stocks on Wall Street have shown much more life recently. but professional investors still aren’t convinced.
Global shares have dropped as pessimism set in over Wall Street's nose-dive related to Big Tech's pullback.
Google’s corporate parent Alphabet Inc. delivered another quarter of steady growth amid an AI-driven shift in the ubiquitous search engine.
Warner Bros. Discovery informed the league Monday that it will match the $1.8 billion per year offer by Amazon Prime Video to air NBA games.
U.S. House leaders are calling on CrowdStrike CEO George Kurtz to testify over the global tech outage.
U.S. stocks are ticking higher and clawing back some of the losses from their worst week since April. The S&P 500 ticked up 1.0% on Monday.
The Olympics’ ever-expanding quest to draw in young fans is meeting them where they are — on Roblox.
Amazon says it had its best Prime Day sales event ever this week with $14.2 billion spent online on Tuesday and Wednesday, up 11% compared to last year.
