“Companies in the traditional system realise the potential of cryptocurrencies”

Ledger Enterprise CEO and capital markets veteran Alex Zinder attended the Paris Blockchain Week Summit where he shared his views on blockchain, cryptocurrencies and the future of finance.According to Zinder, for the traditional financial sector to start taking digital currencies seriously and consider them a viable alternative, we just have to wait. He believes that the main companies in the traditional system are already aware of the potential of cryptocurrencies and at the moment there is exactly what is happening with the digital asset market that should push them to actively participate.

Alex Zinder previously worked at Nasdaq as director of software development. He said he had a huge variety of activities related to distributed ledger ecosystems back then. Zinder was more involved with traditional finance, with real-world financial models rather than theoretical ones.

Zinder now heads Ledger Enterprise, which provides clients with a suite of solutions that enable enterprises to manage interactions in protocols that support smart contracts, stacking, non-forwarding tokens (NFT) and other features of decentralized finance (DeFi).

Zinder is convinced that most of the difficulties seen in the cryptocurrency industry are not technology-related, but process-related

The growth of the industry will continue exponentially for a significant period and finance companies will need to carve out a niche.

Recall that in February, American entrepreneur and Y Combinator co-founder Paul Graham said it was foolish not to see the enormous potential and benefits of NFT.