Blockchain is rapidly growing in adoption in the GCC region, driven largely by the push by regional governments to digitize operations.
Recently Gulf Business had a chance to sit down for an exclusive interview with Juwan Lee, chairman and group CEO of Nexchange Group who discussed and shared his insights on the current market trends.
Is blockchain worth the hype?
Blockchain hype has its ups and downs. But beyond that, the fact that the world is moving away from centralization to decentralization, and the Fourth Industrial Revolution is underway – thanks to many emerging technologies like blockchain that see relatively slow, but progressive adoption. Blockchain is ready to be implemented today because so many technologies are already in place, like mobile phones, the internet and the cloud. Moreover, the pricing structure in the centralized world has become too high, and it’s the reason why blockchain is a great tool for disruption.
Continue reading: https://gulfbusiness.com/heres-how-blockchain-has-revolutionised-the-regional-financial-sector/
Recently Gulf Business had a chance to sit down for an exclusive interview with Juwan Lee, chairman and group CEO of Nexchange Group who discussed and shared his insights on the current market trends.
Is blockchain worth the hype?
Blockchain hype has its ups and downs. But beyond that, the fact that the world is moving away from centralization to decentralization, and the Fourth Industrial Revolution is underway – thanks to many emerging technologies like blockchain that see relatively slow, but progressive adoption. Blockchain is ready to be implemented today because so many technologies are already in place, like mobile phones, the internet and the cloud. Moreover, the pricing structure in the centralized world has become too high, and it’s the reason why blockchain is a great tool for disruption.
Continue reading: https://gulfbusiness.com/heres-how-blockchain-has-revolutionised-the-regional-financial-sector/
