Block.one CEO Brendan Blumer says real adoption happening at the enterprise level

One, believes that blockchain technology has created a huge social movement that enabled real adoption to happen on an enterprise level.

During a panel at the Blocksberg Summit, Blumer shared his thoughts on EOSIO, Block.

EOSIO, the ambitious blockchain project created by Block.

According to Brendan Blumer, the founder and CEO of Block.

During the Blocksberg Summit at Virginia Tech, where the idea of EOSIO was first conceived, Blumer discussed Block.

In an engaging talk with CNBC's Brian Sullivan, Blumer explained that the goal with EOSIO was to create a blockchain that was faster, cheaper, and more scalable than Bitcoin.

Comparing Bitcoin with other crypto and blockchain projects is comparing apples to oranges.

Remnants of the interest and awareness that created the bubble in the first place are still here, he said, and are helping create real adoption on the enterprise level.

It's only a matter of time before we see a government put their national currency on the blockchain, Blumer said, adding that it would effectively turn that currency into a development platform.

Not only would a more clear set of rules be set in place on how to navigate through the blockchain industry, but numerous other doors to innovation would be opened.