Categories: BlockchainTech News

Will a concentre mindset to increase adoption of blockchain in 2020?

Blockchain technology was initially seen as having applications in a decentralised environment, will we need a concentre mindset to increase adoption?

Will a concentre mindset to increase adoption of blockchain in 2020?

Rather Ironic that Blockchain technology that has created so many tokens/coins, cryptos/Digital Assets would now seem to need agreed rules and standards to ensure Blockchain interoperability and potentially greater adoption.

We have seen various bodies being established to set standards and guidance such as; The International Token Association (Germany), Global Digital Finance (UK), International Standards Organisation launching ISO IT307 and Enterprise Ethereum Alliance
Seeing collaborative capitalism – Maersk’s Tradelens, BP’s Vakt where competitive firms agreeing to use a common Blockchain platform.
However unlikely we will see any Central Bank Digital Currency being fully decentralised

To get Digital Bytes every week and more analysis on topics like this email Jonny.Fry@TeamBlockchain.net

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Jonny Fry

Jonny Fry co-founder and CEO of TeamBlockchain Ltd, is a Blockchain, crypto economics,Digital Assets and funds specialist, with over 25 year’s experience as CEO of an asset management business which he floated in London with over £1Billion under management .His focus has been on the dynamics of financial innovation, advising on Digital Assets, Tokenomics, Crypto funds and is a regular speaker on these topics. He is Non Executive Chairman of Gemini Ltd, a founder of The British Blockchain Frontier Technology Association (BBFTA) and advisor for a number of companies helping them with their strategic growth and managing corporate and reputational risk.

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