Blockchain Industry Should Thank Facebook, Says Digital Asset CEO

The video discusses a new funding round involving Samsung and Salesforce, aimed at expanding into various industries and enhancing developer tools. It highlights partnerships with high-profile clients like VMware, Amazon, and Microsoft, emphasizing the maturing blockchain tech stack. The speaker predicts blockchain projects will enter production this year, despite past hype. The discussion also covers Facebook's Libra, its impact on the industry, and the importance of working with regulators to navigate challenges.

What is the primary goal for the new funding round involving Samsung and Salesforce?

• To acquire new companies

• To expand into different industries and enhance developer tools

• To develop a new blockchain platform

• To invest in cryptocurrency

Which companies are mentioned as partners in the blockchain space?

• Google and Apple

• IBM and Oracle

• VMware, Amazon, and Hyperledger

• Intel and Cisco

How is the blockchain tech stack compared to other technologies?

• It is unrelated to cloud technology

• It is similar to the early days of cloud technology

• It is less mature than cloud technology

• It is more advanced than AI technology

What is the expected timeline for seeing blockchain projects in production?

• This year

• Next year

• In 5 years

• In 10 years

What was a major challenge faced by Facebook's Libra project?

• Competition from other cryptocurrencies

• Regulatory backlash

• Technical difficulties

• Lack of funding