Wozniak backs blockchain project

Apple veteran Steve Wozniak is to participate in a blockchain project for the first time.

Speaking at a blockchain conference, the Apple co-founder lauded the benefits of the technology and revealed plans to become involved in a blockchain startup.

In an interview with news site NullTX at the ChainXchange blockchain conference in Las Vegas, Wozniak said he would be involved with a blockchain company “very soon.”

Ethereum growth

Wozniak has previously referred to cryptocurrency prices as a “bubble”, but has also talked up the decentralized, security related benefits of blockchain technology.

In a sign Wozniak is becoming increasingly enthusiastic about certain cryptocurrencies and blockchain platforms, in the latest interview he even compared Ethereum to Apple’s App Store.

Highlighting likely strong growth for Ethereum in the years ahead, Wozniak points out that both platforms enable people to run their own applications.

Wozniak compared Ethereum to Apple’s App Store

Blockchain potential

Wozniak also compared blockchain’s current state of development to the “early days” of the Internet.

“It’s so independent! It’s kind of like the Internet when it was brand new… I was amazed at the technology behind it.…. A few people can see the value, which reminds me very much of the early Internet days,” added Wozniak.

Along with Apple co-founder Steve Jobs, Wozniak is viewed as one of the most important figures behind the evolution of the personal computer in the 1970s and 1980s.