Patrick Dai, the CEO of Qtum (the first Singapore-based blockchain project to earn a US$1 billion valuation) shares his insights on the Asian crypto space:
- In less developed Asian jurisdictions, we might see more favorable regulations on ICOs and cryptocurrency, particularly in Southeast Asia where it would be easier to leapfrog brick-and-mortar banks and go straight to digital banking.
- Some of the major issues I see blockchain technology and cryptocurrencies solving in Asia revolve around supply chain tracking, digital identities, and digital banking.
- Mixing centralization with some of blockchain’s best attributes creates a model that is arguably more effective and would allow a country like China to block content while still protecting identities, reducing fraud, and benefitting from a transparent ledger.
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https://www.techinasia.com/…/ceo-first-singapore-blockchain…
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