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Governments and brands will drive blockchain adoption: Alex Filatov

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(Kitco News) – As the crypto winter drags on, there are still areas of the blockchain ecosystem that are thriving beneath the radar. Alexander Filatov, Co-Founder and CEO of EverX, spoke to Kitco News anchor David Lin about how investors can navigate the crypto hype cycle, how DAOs might help prevent the next FTX-type event, and where NFTs can create real-world value.


Government adoption trends


One area where Filatov sees progress is in the public sector. He said that governments around the world are discovering interesting applications for blockchain technology, including central bank digital currencies (CBDC), identity management and voting. “I think governments are discovering that there is something about the technology that can bring more functionality,” he said. “If we talk about CBDCs, you can program the money, and you can enable more traceability.”

Filatov sees two trends driving government blockchain adoption. “One is the desire to control decentralized space,” he said….

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