Ant Financial Services Group CEO on the Current State of Blockchain Technology

Speaking at the Development High-Level Forum, CEO Eric Jing called Blockchain, “the cornerstone of trust for the digital society in the future.”; while Jing is bullish on the long term outlook for blockchain technology he also curbed enthusiasm stating that it isn’t ready for a “large-scale outbreak”, comparing the current speculation similar to the internet bubble; he also shared that the technology will be more applicable in the next 2-3 years and that there were still some challenges to overcome. Source