The blockchain can be the underpinning for the financial services ecosystem to give rise to assets that have real tangible value — including stablecoins and other cryptocurrencies.
In a panel moderated by Paul Purcell, co-founder and partner at Continental Advisors, Visa Head of Crypto Cuy Sheffield, CoreChain CEO Chris Aguas, Bakkt CEO Gavin Michael and The Clearing House (TCH) Executive Vice President of Product and Strategy Russ Waterhouse said those assets will drive change for B2B payments and the financial services ecosystem at large.
As Aguas noted, firms that are embracing blockchain “are looking at a new realm of technology that lets us do new and different things, technically, than using traditional technologies or paper-based processes.”
The emergence of the crypto ecosystem, he said, is similar to the development of the internet decades ago.
Blockchain, he said, “is about distributed ledger technology. It’s about network-based architectures. There’s a lot you can read into these terms … Helping the broader industry understand what dimensions of crypto are relevant for them and how they can play are keys to driving wider adoption over time.”
Continue reading: https://www.pymnts.com/blockchain/2021/blockchain-stablecoins-deliver-tangible-value-b2b-payments-financial-services/
In a panel moderated by Paul Purcell, co-founder and partner at Continental Advisors, Visa Head of Crypto Cuy Sheffield, CoreChain CEO Chris Aguas, Bakkt CEO Gavin Michael and The Clearing House (TCH) Executive Vice President of Product and Strategy Russ Waterhouse said those assets will drive change for B2B payments and the financial services ecosystem at large.
As Aguas noted, firms that are embracing blockchain “are looking at a new realm of technology that lets us do new and different things, technically, than using traditional technologies or paper-based processes.”
The emergence of the crypto ecosystem, he said, is similar to the development of the internet decades ago.
Blockchain, he said, “is about distributed ledger technology. It’s about network-based architectures. There’s a lot you can read into these terms … Helping the broader industry understand what dimensions of crypto are relevant for them and how they can play are keys to driving wider adoption over time.”
Continue reading: https://www.pymnts.com/blockchain/2021/blockchain-stablecoins-deliver-tangible-value-b2b-payments-financial-services/
