Blockchain

Less a new internet, more a financial settlement and coordination layer.

Original claim

Open settlement networks create scarce digital assets and programmable money.

Evidence

Speculative assets dominated attention, but stablecoins and custody rails survived.

Lineage verdict

Less a new internet, more a financial settlement and coordination layer.

Wardley read

Blockchain sits at 53 / 100 on evolution and 49 / 100 on strategic visibility. The important question is whether it can move rightward into repeatable product and utility behavior.