Google may become the largest blockchain player. Without global regulation, the dominant technology could set rules worldwide by default
With that future comes questions about the optimal balance between decentralisation (spreading bits of a transaction across many participants) and centralisation (having a dominant player that standardises operations).
Barriers to entry for issuers and investors are low while friction – meaning obstacles preventing immediate transactions – is reduced along with markets’ operational costs. The machine-readable digital assets make AI-guided portfolio management easier.
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