Crypto markets have tumbled along with the general economy, a novel alignment for the new technologies. Miami Herbert Business School faculty members expect it will rebound stronger than ever in part because of its inherent risk-adverse stability.
While some refer to a devastating crash of crypto currencies and an industry in freefall, University of Miami business technology thought-leaders categorize the current upheaval as a shakeout, a scenario to be expected for a new and evolving technology and one that will ultimately sanitize and empower the industry.
“This shakeout points to the fact that we can now see that some business models and projects some companies are funding do not work, and that’s good for crypto—and in the long run an important sanitation of the industry,” said Ola Henfridsson, Schein Family Endowed Chair and professor of business technology at the University of Miami Patti and Allan Herbert Business School.
He noted the general trend for people to overestimate...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...