Philip Nunn, CEO of Blackmore Group and Wealth Chain Group, is dubbing Ripple the “Microsoft of Crypto.”

Nunn expanded on the comparison in an interview with Business Cloud.

“I see a whole load of similarities to Microsoft’s place within the advent of the internet.

“You can argue that Microsoft’s tech is substandard and that it’s clunky. Compared to say, Apple, it is nowhere near as innovative and up to the task. However, the genius of Bill Gates was the fact that he was early and timing was everything. Whilst others were focusing on product development, he was focusing on adoption. Windows, Excel and Word are the go-to-tool for every business.

The next wave of crypto is all about adoption. Those who crack that will succeed and those who don’t will fail. XRP and Ripple are getting into all the banks and positioning themselves.”

Nunn founded Blackmore in 2013. The firm specializes in wealth management, angel investment, commercial property investment and financial technology. His latest venture, Wealth Chain Capital, invests in crypto startups and runs a crypto index fund.

The Crypto Beat

Watch: Former US President Bill Clinton Endorses Crypto and Blockchain Technology at Ripple’s Swell 2018 Conference

Ripple and XRP: TransferGo Reveals 90% Cost Savings With Ripple, Crypto Visa Card Platform Adds XRP

Confirmed: Ripple Now Has 7 Partners Ready to Use XRP-Powered Payment Solution xRapid



This article was first seen on the Daily Hodl and can be found here: