How long is a piece of string? there are so many things crypto and the blockchain can do and are doing. We are just at the beginning of a whole new era.
AMC theatres are accepting cryptos to buy movie tickets, Perth Heat are giving their players the option to be paid in crypto.
Master Card has teamed up with digital companies to offer crypto link payment cards.
We could also ask ourselves when we buy ASX shares for example, do we buy them because the price is going up & the share is paying a high dividend?
Yes I buy crypto to make money but the tech behind crypto is the real key.
Like Telamelo said the ASX is going to be utilitizing the blockchain, its taken a lonnng time, but it will be. Read 2023 it should be up and running. A bit of info on the ASX below.
ASX CEO Dominic Stevens has reminded market participants about the scale of its CHESS replacement project, saying the exchange’s enterprise blockchain to settle and clear the Australian equity market will host more value than all the public blockchains powering global cryptocurrency markets.
Describing the benefits of the blockchain ASX is building alongside New York-based Digital Asset – which plans to roll the system out to other global exchanges after the ASX launch in April 2023 – Mr Stevens said for the Australian equity market, “when you go to a distributed ledger, what you are going from is a unilateral with me to a multi-lateral relationship with the market”.
