Bitcoin and crypto currency for most people is still a wild unknown but recently a number of training companies have tried to fill this gap in knowledge with a range of courses and programmes. I managed to interview On Yavin this week about his business Cointelligence.
I’ve been an entrepreneur and investor since a young age. I’ve worked in a lot of different industries, and I actually went to law school and have my LLB, but I’ve always had an interest in technology. Since 2017, I’ve been entirely focused on blockchain and cryptocurrency. Last year I refined that focus even more to cryptocurrency education. There’s a lot of misinformation out there and I wanted to make it easy for people to get the facts in an unbiased, brand-neutral format.
When a friend told me about blockchain and cryptocurrency almost three years ago it just blew my mind. I thought “This could be the biggest revolution the world has ever seen! I’ve got to get involved!” I’ve dedicated my life to it since then.
Cointelligence creates tools for individuals and organizations to better engage with the crypto industry. This includes the educational platform Cointelligence Academy, and unbiased market surveillance tools such as the Exchange Rating System. Cointelligence also caters to companies who have specific blockchain or cryptocurrency research needs on topics such as assets, service providers, and exchanges.
We’re seeing new and unique methods of tokenization, such as when sports players tokenize their contracts. NBA player Spencer Dinwiddie is really pioneering this in the US and looking to create a platform for other athletes and entertainers to do the same.
And while DeFi has already been an active and important component of the crypto space, I think in 2020 we’re going to see it really grow and become more accessible to newcomers. There’s a real movement towards making DeFi dapps more user-friendly, which is really going to be a big step towards mass adoption of cryptocurrency as a useful financial tool for the average person.
I think those people are probably right. If we don’t see widespread mass adoption in 2020, we’ll at least make giant steps forward in that direction.
We need more regulators and government entities to come around and realize the promise of blockchain and cryptocurrency. We need the big banks to stop standing in the way of progress. And of course, we need education to help everyone understand this exciting new technology. By education, I mean classes with a broad focus on how to really engage with cryptocurrency, not “educational products” created by brands to push their own offerings. And we need this education to not just be coming from private companies, but from the public sector as well. Kids should be learning about digital assets and the blockchain in school. Every university should have courses about it. And governments should be providing accessible education to their populace about this new technology.