The world is moving towards a blockchain-based economy because of its inherent security and lack of third-party involvement, according to William Mougayar, venture advisor and author.
“The blockchain economy will be even bigger than the web economy in the next couple of years,” he told the European Identity & Cloud Conference 2017 in Munich.
According to Mougayar, money is one area the web has not tackled in a “native” way, with most money transactions still going through banks rather than being peer to peer (P2P) in nature.
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