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The importance of blockchain technologies has been compared to the invention of the Internet

6:33 pm, July 21, 2022

The founder of the investment banking company Saxo Bank, Lars Sejer Christensen, compared the importance of blockchain technologies to the invention of the Internet.

According to Lars Seijer Christensen, blockchain technologies will become indispensable in the real world and will be used to launch many new business models in the near future. «I am amazed by the variety of ways blockchain can be used in the real world: improving data security, confirming ownership, increasing efficiency, and optimizing many processes,» Christensen shared his point of view.

The CEO of Saxo Bank also emphasized that blockchain technologies «have the greatest transformational potential of any new technology since the invention of the Internet» and advised investors to carefully analyze which new projects are really needed in the market and which should be left behind.

The number of areas in which blockchain technologies can be integrated is constantly increasing, for example, Romania uses blockchain in the state document circulation, and Colombia has transferred the national land registry to blockchain technologies. The Korean crypto exchange has issued NFT passes for its employees, and China is using blockchain technologies to control construction.

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