#US needs competitive moat around tokenized RWA — Sergey Nazarov
The US has the most robust and reliable capital markets in the world that should be leveraged for a competitive advantage, he said.
The United States needs to establish a competitive moat around highly secure tokenized real-world assets (RWAs) to remain competitive in the age of borderless, permissionless finance, according to Chainlink co-founder Sergey Nazarov.
In an interview with Cointelegraph’s Turner Wright at the Digital Asset Summit in New York, Nazarov said that blockchain is a global phenomenon that relies on open-source software and distributed technology, unlike previous technological shifts.
The executive added that the shift to online commerce, which gave the US a competitive advantage due to a five- to 10-year head start on the development of internet infrastructure, is not applicable in the age of digital finance. The executive told Cointelegraph:
Read more
If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites.
If you want to read more News articles, you can visit our General category.