What do you think of the current applications of blockchain technology?
Today we talk a lot about blockchain about what it could do for us. The technology is not new; it's been around since 1999. But the fact is we are just seeing the first wave of simple applications. We’re still in the process of discovering the future applications of blockchain, but also the behavioral, cultural and ethical implications as well. In 20 years from now, we might end up with something similar to what social media is today, in terms of the privacy implications of tracking capabilities.
I have been in the AI industry since 2001, when AI was just image and character recognition. In 2014 I was intrigued by blockchain and how it could be used in my venture at that time. We built the first smart inhaler based in Montreal for asthma and COPD. When we did our acquisition post mortem, we learned that we could have had a 30X multiplier if we had implemented a blockchain in our IoT device.