The World Is Still Far From Mass Adoption of Cryptocurrencies, According to the CEO of Ogroup

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The World Is Still Far From Mass Adoption of Cryptocurrencies, According to the CEO of Ogroup

 

Cryptocurrencies – Maja Vujinovic, Founder and CEO of OGroup, a financial services company focused on artificial intelligence and blockchain, spoke with Forkast about the future of digital assets at StartmeupHK 2022. She believes that the world is still far from mass crypto adoption and decentralized finance (DeFi) still has significant innovations to make before overtaking traditional finance. Mass adoption requires an evaluation of the blockchain technology itself.

This includes infrastructure, protocols, and applications that make it easier and faster. Consumer protection and emerging markets are also critical to an asset’s success. “If you look at what’s going on with cryptocurrencies these days, smart contracts themselves are doing very well in terms of accountability and technology, but it’s the kind of CeFi platforms, the Celsius and Voyagers of the world, that have been mismanaged,” she added.

 

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