Published On: Tue, Feb 21st, 2017

Exscudo CEO: Cryptocurrency Exchange Market ‘Already Too Big’

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Andrew Zimine, Founding Partner and CEO of Exscudo, spoke with Bitcoinist in detail explaining his view of the cryptocurrency industry and how blockchain platform Exscudo is aiming to bridge traditional finance with the cryptocurrency market his blockchain platform. 
Bitcoinist: Can you describe the current cryptocurrency market?
Andrew Zimine (AZ): The evolution of the cryptocurrency market makes this sphere less chaotic and more regulated each year. This is a natural process of any nascent market. The most progress is shown by those regions and jurisdictions that are most interested in both the blockchain technologies and cryptocurrencies in particular.
Transaction processing is a new trend in the cryptocurrency market. International companies are exploring cryptocurrencies as a financial instrument. Besides, traditional financial institutions show great interest in the blockchain, since it has enormous potential to transform the financial business.

Bitcoinist: Why is the financial sector adopting blockchain solutions?
AZ: The blockchain can be applied in many different ways and for different tasks. The most popular are the decrease of transaction costs, optimization of the workflow processes. The blockchain can also guarantee a higher level of security of personal and business data. Besides, I believe that it will be widely used …

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