been a relatively short period for people to learn about digital assets . You also need to take a multi-disciplinary approach , from technology to economics , which is time-intensive and
“ WITH THE SKILLS AND RESOURCES WE HAVE , WE CAN GO RIGHT FROM UPFRONT CONSULTING ALL THE WAY TO BUILDING AND DEPLOYING IT SOLUTIONS ”
KEITH BEAR ASSOCIATE PARTNER , ELIXIRR takes a while to digest .”
Like many trends within the industry , the COVID- 19 pandemic has proved to be a catalyst ; some people spent lockdown baking bread , while others got to grips with the mechanics behind cryptocurrencies and the blockchain . But , within the retail market as a whole , there is still progress to be made .
On the institutional side , investors who have already made that decision to include digital assets within their portfolios are generally unflinching – perhaps , as Froehlich alludes to , it is because their crypto holdings represent a fairly low proportion of their overall investments and because they appreciate that , whatever happens with cryptocurrencies , traditional finance and decentralised finance are converging thanks to the adoption of distributed ledger technology .
“ In addition , through the process of experimenting with digital assets , those investors have been gaining an understanding and a comfort level with this asset class ,” Froehlich continues . “ Interestingly , theses vary , with some investors hypothesising that bitcoin could be , for instance , the future digital gold , or Ethereum could be the next platform on which the majority of financial services are going to be built .”
Barriers to traditional adoption still persist Despite the robust confidence in digital assets that exists among institutional investors , there are still considerable barriers to adoption . That situation has not
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