With the ever growing trends in business technology and cryptocurrency, companies can make the most out of it through the complete understanding of tokenomics and blockchain. They can generate complete economic systems by incorporating these technologies into almost every industry. Let’s hear from Dr. Mark van Rijmenam, Future Tech strategist & Founder at Maven about tokenomics and its impact on organisations.
- Currently cryptocurrency is growing and will replace the centralized financial intermediaries. The whole financial system can be rebuilt in a new way and on blockchain. This will enhance the financial interaction between parties making it more secure.
- Blockchain ecosystem is underdeveloped and the technology needs to be developed to cope in order to benefit from it.
- Through tokenization we're moving towards a tokenization economy - increasing liquidity of the assets that will have a massive impact on the economy.
- Blockchain won’t be confined to only the financial industry, It will have an impact on almost every industry/application. Any kind of collaboration between entities can happen due to blockchain as it makes them function in a more secure way.
This episode is hosted by Amna Omer, Global Communications Manager, Tkxel.