Geopolitical expert: The use of blockchain technology depends on the preferences, culture and ideals of the country and the company.
According to a September 8 Russian News Agency report, Abishur Prakash, a geopolitical expert at the Toronto-based consultancy Center for Future Innovation (CIF), said: Said in a blockchain interview: The war on decentralization and centralization is will be at the heart of the economy. A lot of people don't use blockchain and work in the people realm, but now the world is competing to create and deliver blockchains. This creates a battle between those who want the blockchain open and those who want to control it. Finally, the use of blockchain technology depends on the preferences, culture and ideals of the country and the company. Some countries may include opening blockchains to improve privacy, while others may make a difference. The same concept applies to the private sector, but collaboration will play an important role, but will be dictated by geopolitics. This is an opportunity for certain governments, such as the European Union, to take a responsible role in the field of technology and the development of blockchain interconnection models.
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