Tsai Ming-chung, Taiwan’s richest man and chairman of Fubon Group, believes that the era of cryptocurrency will come, and that green economy and carbon rights are very likely to be products based on blockchain in the future.
“I firmly believe that one day the era of cryptocurrency will come,” Tsai said. “Green economy and carbon rights are very likely to be products based on blockchain in the future, rather than using traditional currency transactions.”
A big player in Taiwan’s financial sector
Tsai’s comments are remarkable because he is one of the most powerful and influential figures in the Taiwanese financial industry. His support for cryptocurrency could help to legitimize the industry and make it more attractive to investors.
Tsai’s comments also highlight the potential of blockchain technology to be used in new and innovative ways. If green economy and carbon rights are indeed traded on blockchain in the future, it could have a major impact on the way that these markets operate.
Overall, Tsai’s comments are a positive sign for the future of cryptocurrency and blockchain technology. His support for the industry could help to accelerate its adoption and make it more mainstream.