OKX Star: The crypto industry will not simply replicate traditional financial transaction structures, believing that autonomous custody is the future
On September 18, OKX CEO Star said during a roundtable discussion on the theme "The Next 3 Years in Crypto" on the first day of TOKEN2049's main venue:
I don't think the crypto industry will simply replicate traditional trading structures. Because the crypto industry is still essentially a technology-driven industry. Many new technologies will make these typical market structures unnecessary, and many better market structures will emerge.
Self-escrow is a great technology. Throughout the thousands of years of human history, after we created wealth, like gold or silver, people put it in their homes and put it under their beds. In the digital age, when we get money, there are third-party agents that help us manage that money. I think self-escrow technology provides an option for human society to enable people to take control of their own money and not rely on others. I believe it will be a wonderful future.