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Think Tank Director Tells UK Parliament That Blockchain Is ‘Pixie Dust’ and ‘Magic Wands’

Published 05/01/2018, 10:08 PM
Updated 05/01/2018, 11:32 PM
Think Tank Director Tells UK Parliament That Blockchain Is ‘Pixie Dust’ and ‘Magic Wands’

Martin Walker, director of the Center for Evidence-Based Management, dismissed blockchain technology, calling it a “pixie dust” fad before the British Parliament, Business Insider reported May 1.

Walker, who directs a think tank that aims to improve the quality of executives’ decision-making, spoke before the Treasury Committee at a hearing on blockchain in the financial system. Walker said it can offer “little to nothing” regarding potential benefits to the sector. He claimed:

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