Founder of NEO: Blockchain Industry Destroys Globalization
The creator of the altcoin NEO, which many call “Chinese ether,” said that the blockchain industry will deal a crushing blow to globalization.
The developer expressed his point of view at the online conference Blockdown 2020. Hongfei is confident that blockchain will become a kind of ideology of the new time. He noted:
“First, the blockchain will be a neutral ideology that does not support capitalism or socialism. This is the jurisdiction of the agnostic in which the code will become law.”
Now there are big differences and contradictions between many states. The crypto sphere is designed to solve many problems, as well as contribute to the technological breakthrough of humanity.
The modern financial system is still based on fiat money. However, this tool will not be able to maintain leadership in the fight against cryptocurrencies. It is too early to talk about the massive introduction of digital assets, but the barriers hindering the development of the industry will soon be overcome, the creator of NEO summed up.
The NEO project appeared in 2014, originally its name was Antshares. In 2017, NEO appeared during rebranding. The developers launched the blockchain, which now acts as the basis for many crypto projects, for example, Ontology.
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