Clarence Liu, VP of Development, Elastos
BLOCK TRIBUNE: where do you see Bitcoin? 2019 and why?
ANSWER: I believe there will be renewed confidence in the blockchain 2019, which will have a positive impact on Bitcoin as a base currency or as a benchmark for blockchain in general. The reason for the renewed confidence, in my opinion, is that the current bear market has forced investors to really know the projects in which they invest and, by improving blockchain literacy, they will migrate their investments to the most innovative, the most promising, space innovators. I do not think that anyone investing in blockchain lacks interest in seeing him succeed, so I'm sure they will reinvest. However, numerous bad Icos have shown that a superficial understanding of the blockchain is not sufficient to make healthy investments.
TRIBUNA BLOCK: The recent cryptographic crypts have influenced your perspective and / or plans 2019?
ANSWER: The recent immersed crypts do not influence our perspective because we believe in the technology and the progress of numerous projects, including ours 2019, probably compensate for the current pessimism we see. Even for our core development and roadmap, we are not committed to achieving targets unless the funds are already secured, so we are never in a position where our priorities, goals and key developments are at risk.
Of course, I have to be honest – the market conditions have influenced our plans, but it should be noted that any blockchain project that says the opposite is probably lying. We have different plans for the development of our ecosystem based on market conditions and it is likely that we will have to take a more prudent approach in the near future. I do not care, however, because we will always have the opportunity to invest in the most promising projects, this is one of the advantages of being a global project and I have already had time to build our network.
BLOCK TRIBUNE: which sectors – energy, e-commerce, gambling – do you think will have the biggest impact in the blockchain industry in 2019?
ANSWER: When the adoption of blockchain by the payment industry reaches a critical point in public penetration, I believe it will have the greatest impact. This is likely to happen first in other countries, especially those with a more receptive regulatory environment.
BLOCK TRIBUNE: which event would you like to see happen in 2019?
ANSWER: I would like to see a regulatory summit, involving politicians and industrial leaders blockchain in the United States, which translates into some conclusive goals and first steps towards the establishment of a sort of regulatory task force. At present, the current regulatory uncertainty is having a negative impact on the increase in blockchain in other countries as well. Although some countries try to pave the way for regulation, if the United States takes a more rigorous approach, there are diplomatic concerns that countries may still be wary of.