US needs competitive moat around tokenized RWA — Sergey Nazarov

The United States needs to establish a competitive moat around highly secure tokenized real-world assets (RWAs) to remain competitive in the age of borderless, permissionless finance, according to Chainlink co-founder Sergey Nazarov. In an interview with Cointelegraph’s Turner Wright at the Digital Asset Summit in New York, Nazarov said that blockchain is a global phenomenon that relies on open-source software and distributed technology, unlike previous technological shifts. The executive added that the shift to online commerce, which gave the US a competitive advantage due to a five- to 10-year head start on the development of internet infrastructure, is not applicable in the age of digital finance. The executive told Cointelegraph: “The US really has to push its other two advantages of a very strong domestic market and the ability for it to create these highly reliable financial assets source: https://cointelegraph.com/news/us-needs-competitive-moat-tokenized-rwa-sergey-nazarov?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound