Israel: The Master of the Business Process: a meta-universal period in cryptocurrency

What role do cryptocurrencies play in the metaverse space (Grayscale Research Report, 2021), where annual revenue is expected to exceed $ 1,000 billion in the future?

In an interview with Insider later this week, Haim Israel, head of global investment finance at Bank of America (BofA), said that the rapid growth of the cryptocurrency niche has great potential and that Metaverse will support. crypto-currencies in virtual currency. . World.

"I believe this is a big and huge opportunity. [...] You need a good platform [...] This is a big opportunity for the whole crypto ecosystem",

Heim's theory is that the metaverse "will start using cryptocurrencies as money." It is also believed that given the volatility of cryptocurrencies, it is as if the money in the meta-universe would appear in the form of stability coins.

Heim also predicted that the meta world would foster further advancements in the crypto space and that people would compete to create new virtual world platforms.

Additionally, CEO Haim believes that the timing of Metaverse's launch will provide an opportunity to increase the interest of existing payment companies in cryptocurrencies and “multiple partnerships” between the two options.

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Haim Israel of Israel is currently Director of Global Thematic Business Research at Bank of America, Managing Director and Global Expert.

Haim, 48, has over 21 years of experience in the investment industry. He specializes in equities, credit and derivatives, research and analysis, and has been named "Institutional Investor's Magazine for 10 consecutive years. 2020 ESG / Climate Change Research Topical Investment Research Top 2" includes # 1 .

Haim has worked for Bank of America (Merrill Lynch) since 2004 and has been in business for over 17 years. Among them, from 2004 to 2010, he headed the Israeli research group of Merrill Lynch.

Besides an MBA from the Hebrew University of Israel, Haim is also a futurist and expert. For example, there are special decisions regarding the development of the future world.

l Generation Z since 2000, born in the digital world of smartphones, focuses on more stable and service-oriented devices than simple devices.

l The aging industry, marine industry, real estate industry, home improvement, health care, retirement and life insurance will all be business winners.

l International record twice every 2-3 years. Humans only use 1% of the data, and the other 99% is neither stored nor analyzed. Smart Everything is designed to be a more profitable business.

l Cloud-based data storage, renewable energy, health technology and new media are the future of industry, oil and gas, traditional industry and car manufacturers will face challenges. many problems.