This could be the next big crypto trend, says Indian digital currency entrepreneur. (via CNBCMakeIt)
Now, he has his eye on the next phase of growth for cryptocurrencies.Nischal Shetty"The last three to four years been the time for building crypto exchanges, layer one blockchain products," Shetty toldBlockchain refers to a decentralized, digital ledger, which can be used to record data and transactions.
. By 2030, the bank expects that figure to rise to 200 million as digital currencies become more widely used. "The challenge is to understand what is the right time for the idea, because crypto is still early," said Shetty. "Quite a few of these ideas can't be realized given the current technological state of crypto."as authorities weigh concerns that it could be aiding tax evasion and criminal activity.
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