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Blockchain's Transformative Potential: A New Set of Finance Companies

Guavy AI Editorial Team
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Coinbase CEO Brian Armstrong has likened the impact of blockchain technology on finance to that of Apple's iPhone, which brought forth unforeseen innovations.

Armstrong notes that when Apple introduced the iPhone, it did not foresee the emergence of companies like Uber and TikTok. However, the widespread adoption of smartphones enabled new categories of services to emerge.

He argues that blockchain technology could have a similar effect on finance by providing infrastructure for businesses and applications yet unknown.

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