Now is the perfect time to launch deVere Crypto, CEO Nigel Green believes. Available on Android and Apple, the app allows users to store, transfer and exchange five cryptocurrencies including Bitcoin and Ethereum.
“2017 saw the true dawn of the financial technology era,” Mr. Green said. ” Fintech is already fundamentally changing the way we access, manage and use money – and the changes are coming quicker than ever before due to improving technologies and growing demand.
“History will teach us that 2017 was the year that digital currencies came into the mainstream.”
Mr. Green said the world has experienced three shifts that support the growth of cryptocurrency.
“First, technological advancement. We are adopting more and more technology into our lives. And the rate at which we’re doing so is increasing. It’s not just digitalization or existing technology. From self-driving cars to intelligent robots, advanced new technologies will impact every part of our lives. Our financial lives will be no exception. Tech is now in our DNA.
“Second, political shifts. There is an appetite, a huge and growing one, for currencies that are not controlled by central banks and governments. Supporters believe that these digital currencies are part of the antidote to what they see as the ills caused by the traditional system.
“And third, globalization. Whether some populist politicians like it or not, globalization is happening and it’s here to stay. We’re all becoming increasingly interdependent and internationally-minded, and this, when harnessed properly, is an immensely positive force for trade, commerce and prosperity across the world.
“Traditionalists who declare cryptocurrencies ‘a fad’ is akin to King Canute trying to command the tides of the sea to go back.”