Listen to the Article: Crypto Tech Remains Economically "Integral", Despite Turmoil

Imagine more than $2 trillion?evaporated in the crypto market, a largely speculative community, in the sheer period of one year. Therefore, 2022 is indeed a disastrous year for cryptocurrency by any standard. Millions of customers and businesses lost money, and perhaps more importantly for a fledgling sector and technology, trust in the promise of crypto-finance, which was intended to become a remedy to many of the crimes that led to the 2008 financial crisis, is dwindling.

World Economic Forum, however, recently highlighted the widespread applications of cryptography and blockchain technologies, the underpinning of cryptocurrencies, if not all digital assets, continue unabated, will continue to be in integral parts of the modern economic toolkit, despite the great harm these tools may have caused when wielded by the wrong people.

The underlying technology of cryptography and blockchain is applicable to all businesses and coordinating activities,?collectively the building blocks of Web3.

Indeed, as a litmus test for the long-term viability of digital assets and blockchains at the heart of financial services (and other sectors of the global economy), we should look to what the big banks and well-established?financial services firms do rather than what they say.Read More Here