BitSpace featured in the latest issue of Norway-Asia Business Review this month. In an interview with Manuel Lains, CEO of BitSpace and BitGate, he explains the vision of BitGate: smoothening the inevitable transition between the traditional economy and the new decentralized cryptoeconomy.
“Right now, we’re in a transition phase. With BitGate we’re not attacking the current economy, but replicating it and making a soft transition possible. Crypto finance and other decentralised developments on the blockchain will happen. There’s no stopping it. On the other hand, currencies won’t be replaced over-night. That’s not how it happens.
The question is, if it’s going to be a soft transition or a rocky one. Companies that embrace the developments will have a competitive edge compared to companies that lag behind. Additionally, they will have the ability to compete with startups on equal terms, but only if they act now.”
Read the full article on page 40 and 41 here.