Bloomcryto Interview with James Parker about Up Commerce in Expertfund’s Ecosystem
The Interview is taken by Sandra. (from Bloom Crypto) CCN in the background refers to ChinaCryptoNews and shouldn’t be associated with CCN.com
INTERVIEWERS: Thank you very much for joining us. We are here in Amsterdam and the first topic to be discussed is about the digital economy. Blockchain is the term that is heard everywhere. How do you feel about how the media is dealing with all of Blockchain and crypto now?
James parker: It’s interesting because the mainstream media are trying to catch up in this area. Most journalists, even in the technology sector, don’t necessarily have to rush because the Blockchain and cryptocurrency industries have only become a big problem last year. Previously, it was only considered an interesting technology, but people did not pay much attention to it now.
So the mainstream media is playing the chasing style and you can see many simple mistakes from mixing the difference between tokens and money types. Very sophisticated. I think, we will achieve it up to that point but it will definitely be interesting.
INTERVIEWER: What do you think about the application and influence of blockchain in e-finance?
JAMES PARKER: Taking advantage of Blockchain-based technology in the financial world is very promising. Blockchain’s ability to process information faster by eliminating intermediate units can help reduce costs while speeding up. This capacity is not only applied in currency transfer, stock trading, payment, agreement and many other activities within the core business scope of financial institutions … A ledger based on Blockchain platforms not only reduce the cost of the transfer value but also increase the processing speed significantly by eliminating the intermediate channels that information needs to pass to verify transactions.