The shift has already started; finance is moving onto the blockchain, leveraging the decentralization and disintermediation benefits of the technology’s architecture.
Assets of all kinds are being moved to the blockchain, creating a more efficient and economical system for the transfer of value, and management of fractional ownership. This migration isn’t just disrupting the existing financial system, it’s democratizing access to growth capital across the world.
Today, security for much of the blockchain community relies on an outdated hash algorithm standard (SHA-2), one not best suited to the needs of the demanding financial markets. Existing chains will eventually need to upgrade to what our team has determined to be the best-in-class cryptographic hash function, SHA-3, but new blockchains should implement it now.
