Company coins, smart contracts could affect deposits and lending.
While the cryptocurrency market took a downturn through the first five months of 2022 and continues to do so, financial services software entrepreneur Christopher Beltran predicts “there will be a lot of building happening” in cryptocurrency and blockchain applications in the next few years.
John Best, Best Innovation Group co-founder/CEO, agrees, adding “we’re not seeing a bunch of people dump out” of their cryptocurrency investments.
He compares crypto to the dot-com bubble in the early 2000s, recalling how after the bubble burst, companies like Google became among the world’s largest. Some of these companies are eyeing cryptocurrency.
“Amazon hired a load of really impressive crypto people,” says Best, who hosted a recent discussion on crypto and the metaverse. “Why would they do that unless they had a good business case?”
He asked session attendees what would happen if Amazon made its own digital coin and gave a...
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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...