WEF Blockchain Officer Speaks After Davos

held recently in Davos, Switzerland. World Economic Forum (WEF) hosted the biggest names in the financial world. While topics such as the future of the world economy and the climate crisis were discussed in the forum, cryptocurrencies also found a large place for itself.

After the end of the event, Brynly Llyr, Head of Digital Asset and Blockchain of the panel, revealed his ideas on the future of crypto.

Llyr claimed that financial institutions’ interest in crypto has waned for now. However, mutual funds have their eyes on blockchain technology.

“We do not yet fully know the limits of blockchain technology. For this reason, investors do not stop investing in new technology. Money continues to flow into blockchain projects.”

The Benefit of Decentralized Systems

After answering the question about the investment issue, the WEF official touched on the benefits of decentralized technology.

“The biggest benefit of decentralized systems is that there is almost limitless things you can improve in this area. Mainstream support is important for the adoption of projects.”

Brynly Llyr, blockchain He believes that adoption will increase very rapidly if the applications where technology really affects human life are realized.

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