Knowledge Archive

Knowledge Archive

Building a corporate core strategy for safe digital assets│Sirgoo Lee (Dunamu, CEO)

 

The axis of economic dynamics is shifting toward digital economy. Among them, blockchain and digital assets, which are the core infrastructure of digital economy, are on the rise. Central banks in U.S., Europe and China have ramped up the development of Central Bank Digital Currencies (CBDC), and blockchain and cryptocurrency, such as Bitcoin and Ethereum, continue to attract global attention. The scope of digital assets is continuously widening as almost all of the traditional assets such as songs, paintings, real estates and securities can now be digitalized. The wave of digital assets has become inevitable for the world to ride. According to the Boston Consulting Group (BCG) Korea, the size of the global digital asset management market was valued at 4,300 trillion won in 2021 and the market size in Korea has surpassed 300 trillion won. BCG forecasted that Korea’s digital asset market will reach 1,000 trillion won by 2026. Companies have joined the competition to lead the digital asset space by dominating a corner on the platform market and digital asset technology such as blockchain and NFT. The post-pandemic lifestyle accelerated the adoption of digital payment enabling easy payment service in everyday life. Not only giant tech companies but also retail and credit card companies have started to develop a blockchain-based platform to prepare themselves for the age of digital currency. What strategies are countries and global companies are adopting to live in the era of digital assets? What kinds of regulations and institutions do we need to build a safe ecosystem for digital assets? What would the future driven by digital assets look like? Here we analyze where we are with digital assets and seek corporate core strategies. #upbit #bitcoin #daxa

 

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