RATE Group | KPMG Report: Crypto Will Reach Its Full Potential with Institutionalisation
50514
post-template-default,single,single-post,postid-50514,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

KPMG Report: Crypto Will Reach Its Full Potential with Institutionalisation

27 Nov KPMG Report: Crypto Will Reach Its Full Potential with Institutionalisation

Posted at 04:28h in Cryptocurrency News by

[ad_1]

Bitcoin and other cryptocurrencies have become the target of special attention from an increasing number of institutions and companies. One of the latest to focus on the state of the crypto world is KPMG. A member of the Big Four group of audit companies, KPMG released a report stating that “cryptoassets are worth paying attention to”, but that it is time to institutionalise them.

KPMG Analysts Believe That the Future of Economy Is Tokenised

The fast spreading uses of blockchain technology and token-based transactions led KPMG experts to predict that they will reshape global economy. The report authors believe that:

While it is still early stages and it is hard to predict how the next 10 years will play out, the tokenized economy will likely be one of the more impactful innovations enabled by crypto.

The report also states that cryptocurrencies have the potential to revolutionise the financial world. Bitcoin, Ether and other blockchain-based currencies can create an…

[ad_2]

Source link

Tags:
, , , , , ,