Warren Buffet's Railroad Firm Joins Blockchain Alliance

in #bitcoin7 years ago (edited)

Despite being a skeptic on the growing phenomena, Buffet and his BNSF Railway is the latest member of the Blockchain Transport Alliance. Making an effort for how data transactions will be performed, and how this data will be formatted was a major point of emphasis for this announcement made on February 5th.

Muru Murugappan, BNSF's CIO and vice president of technology services, commented:
"Blockchain technology has the potential to change several aspects of the transportation industry and it is important that the industry comes together to align around a set of standards."

We all know why Buffet was skeptical on the adoption of Blockchain technology, guys. He did not know how it operates, and therefore did not feel the urge to become fully involved in it. The SEC and CFTC hearing may have opened his eyes to the seeing the future of this tech...what a beautiful time to be a CRYPTO enthusiast.

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