Full Article
https://www.forbes.com/sites/rogeraitken/2018/06/30/bitcoin-beyond-can-blockchain-bring-in-the-masses-to-realize-its-full-potential/
Reaching Full Potential
"...However, for blockchain technology to reach its full potential and disrupt the current retail financial services sector,
mass adoption will be one of the cornerstones to achieve this according to Alex Mashinsky, CEO of Celsius Network,
a blockchain-based borrowing and lending platform, founded in the U.K., whose bold goal is to bring the next 100 million people into cryptocurrency.
The company he founded aims to disrupt the mainstream financial services sector by enabling people to deposit
their digital currencies and earn up to 5% interest on their cryptocurrency, like bitcoin and ethereum.
Mashinsky’s conviction is based on his previous experience disrupting a different kind of industry, namely the telecoms
industry back in the mid 1990’s. As one of the inventors of the Voice Over Internet Protocol (VOIP), he sees many parallels
between the complacency of mainstream telecom companies back then with new technology and banks today.
“I’ve seen this movie before during the early Noughties (2000’s). Companies that never thought technology could touch
them suddenly saw themselves out of business,” said Mashinsky. “And, while many industries have been completely
disrupted by the Internet, the banks have only grown stronger...”
Topic: Bitcoin & Beyond: Can Blockchain Bring In 'The Masses' ? (Read 116 times)
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