The Currency Analytics

NEO Founder Da Hongfei in Blockchain 2020 Mentions Interoperability Tokenization and…

By Maheen Hernandez

NEO Founder on Cross-Chain Protocol

Da Hongfei, the NEO founder, opined that in the current scenario, the world has to follow a pattern of de-globalization.

NEO Smart Economy Tweeted:  “Hongfei Da, founder of #Neo, delivered an online speech at the @BlockDownConf today.

Blockchain is not backed by capitalism or socialism. Da called Blockchain "Idealogy agnostic” and furthered that with different nations having different financial concepts and…

Hongfei stated that it would not be possible for nations to recover by making use of their own infrastructure and supply chains after the pandemic.

The global economy continues to get tied to fiat, and blockchain is not ready to immediately universalize the human economy on the blockchain.

Sydney Ifergan, the crypto expert, tweeted: "Interoperability, Tokenization, and Adoption as Da Hongfei, NEO founder states is the key to rebuilding humanity and global economy…

In the Blockchain 2020 online presentation, Hongfei assured that audience that Neo Global Development (NGD) representatives in Shanghai, Seattle, Zurich, and Seoul are healthy…

Pragmatism is the path forward because, as opposed to binary choices, we will be looking at the multivariate spectrum of adoption on-chain, centralized, permissionless,…

Da also spoke about NEO3 and its flagship features with built-in oracles and NeoFs distributed storage network about the NeoID digital Identity standard.

Da stated, “with Neo3, developers and users will have the ability to be able to transfer BTC, ETH, ONT, and other assets between different blockchains.”

Da spoke about how inflation and de-globalization are major concerns.  However, he clarified that “there probably there won’t be anything better than crypto assets.”

Da opined that the mathematical limits in cryptocurrencies provide for protection against devaluation and inflation.

World leaders are concerned about developing distrust due to different political systems, values, and ideologies.

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