Power Ledger’s Blockchain Economist: Cryptocurrency is a $278 Trillion Dollar Opportunity

2019-1-30 19:53

Anya Nova, a blockchain economist based at Power ledger, weighed in on cryptocurrencies and tokenization, stating that cryptocurrency has the capability to transform societies through tokenization of $278 trillion in assets.

Breaking it down in a recent Medium Post, Anya explained:

“So will security tokens democratize finance and lift millions out of poverty? No, at least not right away. But will they transform how we live? Absolutely. Why? Because there is just so much to tokenize: $217 trillion dollars in real estate, $55 trillion dollars in equities, $6 trillion dollars in gold.”

Evolution Of Cryptocurrencies

To drive her point home, Anya Nova gave a story about her life in Russia, saying she actually experienced hyperinflation throughout her early age and could see that fiat currency was always a resource that can be controlled by governments and ‘occasionally mismanaged.’

Comparing those days to today, Nova could tell the difference in prices of basic commodities, explaining that during the 90s she could buy a loaf of bread for only 60 cents, but now it goes for a much as $3.40.

Since then, Nova wonders why bitcoin isn’t taken seriously, with some claiming that cryptocurrencies have a slim chance of replacing fiat currency.

According to Nova, cryptocurrencies are fascinating because they touch on important aspects of people’s lives. However, the reason insurgence of security tokens is being witnessed today is because government bodies such as the SEC are cracking down on all project that has failed to comply with fundraising regulations that exist.

As per Nova, a token that complies fully with fundraising regulations isn’t any better compared to one that hasn’t. According to her, as these regulations have a lot of problems, right from how disclosure statements function to how the sophistication level of an investor is determined.

The Rise Of Security Tokens

Nova recounted her experience in the crypto world, saying that she has seen the evolution of cryptocurrencies since the time of bitcoin and then the ICOs, and now security tokens.

However, she raised a question on whether it’s possible for security tokens to democratize the financial system in the world and get people out of poverty. According to her, security tokens can’t achieve this, but they will help transform how the masses live.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Quantum Resistant Ledger (QRL) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.307
Капитализация $0 Rank 99999
Цена в час новости $ 0.144 (-100%)

ledger power tokenization anya 278 trillion cryptocurrency

Источник: bitcoinexchangeguide.com

ledger power → Результатов: 72


Power Ledger обвинили в создании искусственного ажиотажа в соцсетях

Сиднейская криптовалютная компания Power Ledger столкнулась с критикой после того, как инвесторы и отраслевые эксперты объявили о сомнительной практике работы фирмы в социальных сетях, сообщает Financial Review.

2018-12-30 20:00


Фото:

Токен AGE позволит торговать возобновляемой энергией

Австралийский стартап Power Ledger выпустил токен, с помощью которого его клиенты смогут делиться прибылью от использования возобновляемых источников энергии.

2018-10-24 12:20


Power Ledger выпустил токен для торговли возобновляемой энергией

Еще в мае Power Ledger, Австралийский стартап, который позволяет потребителям торговать возобновляемой энергией между собой с помощью блокчейн-платформы, начал экспансию на рынок США. Теперь компания расширяет свой круг услуг, чтобы дать возможность клиентам делиться прибылью от использования возобновляемых источников энергии при помощи криптотокена, подкрепленного энергетическими активами Power Ledger. Токен Asset Germination Event (AGE), как заявляет […]

2018-10-24 10:05


Report Links 74% of Bitcoin Mining to China, Sees Threat to Network

Bitcoin, the world’s most sought-after cryptocurrency, could be at the wish and whim of Asia’s economic giant. A recent study titled “The Looming Threat of China: An Analysis of Chinese Influence on Bitcoin,” jointly researched by Princeton University and Florida International University researchers, suggests China’s mining scene has an overwhelming influence over Bitcoin, something that could invite network manipulation.

2018-10-11 00:29


Фото:

Dipping a Toe or Diving in: Big Business and Blockchain

Major corporations are stepping off of the blockchain train, which has some believing that this means the end of the love affair between major corporations and distributed ledger technology. This year will see the end of several blockchain companies, while other projects are walking back their anticipation for blockchain’s power to revolutionize their businesses.

2018-8-3 14:00


Фото:

Governance, Part 2: Plutocracy Is Still Bad

Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way.

2018-7-21 23:03


Фото:

The Genesis Files: With Bit Gold, Szabo Was Inches Away From Inventing Bitcoin

As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name.

2018-7-13 17:16


дальше еще 23 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Injective's TVL soars 61%: Is it enough to offset retail sell-offs?

Injective experienced a significant surge in Total Value Locked (TVL), reflecting growing confidence in its blockchain. However, this has been overshadowed by persistent retail sell-offs, whichThe post Injective's TVL soars 61%: Is it enough to offset retail sell-offs? appeared first on AMBCrypto.

Breaking: SEC Chair Gary Gensler to step down from position early next year

SEC Chair to step down the same day Trump takes office Under Gensler, "18 percent of the SEC’s tips, complaints, and referrals were crypto-related" The infamous Chairman of US Securities aThe post Breaking: SEC Chair Gary Gensler to step down from position early next year appeared first on AMBCrypto.

Bitcoin Cash surges 15% in 24 hours, hits 7-month high: Is $620 next?

Bitcoin Cash has surged by 15.38% to hit a 7-month over the last 24 hours. Market indicators suggested that BCH was on the verge to make a bullish crossover, signaling further uptrend. Over The post Bitcoin Cash surges 15% in 24 hours, hits 7-month high: Is $620 next? appeared first on AMBCrypto.

Ethereum accumulation falls: What does this mean for ETH?

Ethereum's netflow neutrality hinted at accumulation, with potential volatility ahead. Active addresses and Open Interest surged, signaling growing retail interest. Ethereum [ETH], trading aThe post Ethereum accumulation falls: What does this mean for ETH? appeared first on AMBCrypto.

BABB crypto gains 32% in 24 hours: Is another 43% rally coming?

BABB crypto had a strongly bullish structure at press time. The range breakout has been successful, and the long-term downtrend was broken. Babb [BAX] is a $7 million market cap token that hThe post BABB crypto gains 32% in 24 hours: Is another 43% rally coming? appeared first on AMBCrypto.

Maker whale activity surges by 1400% - Time for MKR's price to break out?

Large transaction volumes for Maker rose by over 1,400% in just two days  Despite rising whale activity, technical indicators and on-chain metrics flashed mixed signals for MKR  Maker (MKRThe post Maker whale activity surges by 1400% - Time for MKR's price to break out? appeared first on AMBCrypto.