Google Co-Founder Says Company ‘Failed To Be On The Bleeding Edge’ Of Blockchain
During a blockchain conference in Morocco, Sergey Brin – co-founder Google – said that the internet giant missed its chance to be at the forefront of the blockchain revolution.
Brin, who is the acting president of Google’s parent company Alphabet, was a panelist at Richard Brandon’s Blockchain Summit.
“We probably already failed to be on the bleeding edge, I’ll be honest,” Brin said at the conference.
Although Google failed to stay ahead of the technology, Brin is optimistic on the future of blockchain at the company. He continued on to suggest that blockchain would be under the operations of X, Google’s semi-secret research division.
“I see the future as taking these kind of research-y kind of out-there ideas and making them real — and Google X is kind of like that,” Brin said.
Brin, who called the technology “mind-boggling,” admitted that he and his son have been mining the cryptocurrency Ethereum (ETH).
“A year or two ago my son insisted that we needed to get a gaming PC,” Brin said. “I told him If we get a gaming PC we have to mine cryptocurrency. So we got an Ethereum miner on there and we’ve been making a few pennies and dollars since.”