A member of the board of directors of Blockchain.com and Walmart is confident that the crypto industry will go “far beyond the fintech sector and banking.”
Tom Horton compared blockchain and cryptocurrencies to the World Wide Web at its inception:
“The more I follow the development of the blockchain, the more I am convinced that the technology is in many ways similar to the Internet. The enthusiasm and pace of innovation in this area is amazing,” says the businessman.
In addition to his work at Walmart and Blockchain.com, Horton is an investment fund partner at General Electric and Global Infrastructure Partners.
In his opinion, consumer interest in digital assets is incredibly high, as well as the demand for blockchain from technology companies. As the industry and regulations develop, the technology will go beyond the financial sector of the economy, and will not stop at NFTs, games and sports, the businessman is sure.
Recall, earlier, CNBC reported that Walmart had filed several applications with the US Patent and Trademark Office. According to the filings, the US retailer plans to enter the NFT market as well as launch its own cryptocurrency.
Source: Bits
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