Could COVID-19 boost the tokenization industry?
Updated: May 18, 2020
The Tokenizer has reached out to a number of experts for their analysis of how the current corona crisis might impact the emerging industry of security tokens.
Dr Thomas Dünser, director, Office for Financial Market Innovation, Government of LiechtensteinBut overall, the COVID-19 crisis will boost digitization, so the ecosystem will rather profit from this situation in the long term.
Tokenization can actually help to solve many of the problems we have recognized during this crisis: The distribution of financial aids, fraud prevention, theft of respiration protection masks, interruption of the value chain due to closed borders, etc. We know that we have a challenge, we know about a powerful solution with tokenization, and we know that the next a pandemic situation can always happen again.
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