The bridge to the future
Unless there is easy and seamless connectivity between different blockchain-based asset types on different platforms, the full benefits of tokenization will not be realized. However, achieving this interoperability has proven a significant obstacle. The blockchain bridge has emerged as a promising solution, albeit one that has historically carried cost and risk. But recent advancements have made these bridges accessible, secure, and cost-effective.
Blockchain technology, which captured the imagination of the public some 15 years ago, promised to revolutionize the financial world. With each passing year, new and use cases have emerged, slowly but surely attracting a growing user base. Although the exact timeline for mass adoption remains a topic of debate, many in the industry agree it is an eventuality.
Report: Amazon is preparing to accept Bitcoin, leading to a cryptocurrency surge -- tokenization also possible
Speculation about the possibility of Amazon starting to accept Bitcoin as a method of payment started to circulate after the company posted a job listing for a Digital Currency and Blockchain Product Lead.
This led to a surge in the cryptocurrency, with the trading heading toward $40,000 in an impressive 20 percent jump over the weekend. In addition to the job posting, an insider has been quoted as saying that not only is Amazon working toward accepting Bitcoin by the end of 2021, but it is also considering launching its own token.