Going forward, Liang hopes to bolster his founding team by partnering with companies and individuals that could help create those liquidity pools by granting them access to various crypto assets, as well as bringing in software providers to help connect
with existing financial infrastructure providers.
Not exact matches
As blockchain projects such as Gnosis, Factom, and Stellar, along
with technology conglomerates and
financial institutions, begin to integrate the blockchain
with existing infrastructures and technologies, they are encountering an increasing number of challenges.
«Cryptocurrencies have struggled in the past to be widely adopted because the technologies were still being developed and the necessary
infrastructure was not in place yet,» said David Chen, vice president of
financial strategy, Sparkle Coin, Inc. «Sparkle Coin represents the second generation of cryptocurrencies that will push through the barriers because it's already fully funded, asset - backed and easy to integrate
with existing payment
infrastructure.»
Due to the nature of these principles and how they interact within
existing financial infrastructure, changing legacy
infrastructure by integrating a blockchain that does not comply
with these principles is far more time consuming and costly.
Angela Walch: 3 Risk Factors to Consider Before Replacing
Existing Financial Infrastructure With Bitcoin Blockchain Technology