The field of crypto and blockchain technologies is destined to become the standard for the world economy in the coming decades, said Joseph Lubin, Ethereum’s co-founder.

Speaking at the SXSW conference in Austin Texas on March 14. 2018, Lubin claimed it is very likely that in about 10 to 20 years, the market for cryptocurrencies will have grown at least ten times and that blockchain technologies will influence much of the traditional businesses.

The visionary businessman explained that even today blockchain technologies are nascent, and software developments are barely discovering the full potential that DLTs have to benefit society.

Lubin illustrated the current situation of blockchain tech with the way society experienced the Internet boom. According to the co-founder of Ethereum, currently there are few “normal” people using these technologies, but “there weren’t a lot of ‘normal’ people firing email around in…

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Source: https://thebitcoinnews.com/joseph-lubin-blockchain-will-dominate-the-economy-in-the-next-10-20-years/