This article was originally published on USAtoday.com
The cryptocurrency market recently breached $1 trillion in market capitalization, as predicted by Thomas Carter in February of 2020. At the time of the prediction, the price of Bitcoin was roughly one-fourth of today’s price.
Carter was also ahead of the curve with his flagship venture DealBox’s pioneering digital securities platform in 2018. DealBox has become a well-respected regulatory compliant tokenized securities issuance and investment platform on the market.
DealBox provides a feature-rich and robust platform using the Tezos blockchain technology. The groundbreaking platform gives issuers and investors a savvy approach for investing and raising capital via smart securities issuance technologies.
As with traditional securities, these tokenized assets fall under the regulatory auspices of the SEC and CFTC and are rigorously vetted. Unlike traditional securities, however, Carter’s website states that they are “more efficient, affordable, secure and easier to regulate due to the novel features of blockchain technology.”
Fresh off the success of DealBox, Carter’s fintech innovation team recently kicked off a usability initiative with its “make crypto easy” campaign.
Leading this campaign is flagship project and DealBox issuer, Total Network Service Corp (TNS), which seeks to make the sending and receiving of cryptocurrency easier with its product Digital Names. Through it, users can create a simple, human-readable name to replace the long, alpha-numerical addresses used in digital wallets.
Digital Names for cryptocurrency and digital wallets aim to do what domain names did for the internet in the ‘90s. Rather than remember a numerical IP address for a website, you can simply enter a business or term into a search engine and arrive at the desired destination.
DealBox insiders believe that the projected growth of this nascent industry is potentially larger than the domain name service industry, which currently grosses about $6 billion a year.
Most recently, TNS – under Carter’s leadership – has been working closely with a consortium of telco and manufacturing companies on a stealth project aimed at delivering an interoperable solution that would bring an entirely new spectrum of networked communication between the traditional internet, blockchains and IoT (Internet of Things) enabled devices.
Thomas Carter’s website states:
“The significance of the crypto space breaching $1 trillion in market cap isn’t so much the number as that certainly will fluctuate over time. I think the takeaway for investors and entrepreneurs is in realizing that the market cap milestone was fueled by institutional investment activity which seems to validate the intrinsic value and utility of blockchain technology I’ve been evangelizing for the past several years.
Blockchain is truly novel. There are things you can do with blockchain that you just can’t do with any other technology. The things you can do only with blockchain technology have one thing in common and that is empowerment of the individual and democratization of transactional activities whether that be in logistics, finance, communications, etc.
My career focus has been on empowerment and providing value in the fintech space. The advent of blockchain tech has increased that capability 1000x and represents a generational disruption across all the industries that can benefit from distributed ledger technology. I’m excited to be among those leading the charge.”
Read more about Thomas Carter, founder and CEO of DealBox, Inc. through this press release: This FinTech Veteran Is Making Cryptocurrency Startup Funding Legitimate, or connect with him on LinkedIn and Instagram.
About Dealbox
Deal Box, Inc.’s mission is to “democratize wealth for all.” Deal Box, Inc. is the new standard for venture investment and funding. We are a specialty capital markets consulting firm focusing on traditional and digital securities industries, utilizing blockchain-based technologies, enhancing capital formation for entrepreneurs, and early ventures to growth-stage companies.
About Imperium Group
Imperium Group is an American public relations and marketing consultancy firm, founded in 2016 by, Shazir Mucklai. It is currently run by Mucklai. Imperium Group generates over 15 million impressions a month for its clients. As of 2020, it is the fastest growing public relations firm in the Los Angeles and Dallas/Fort Worth Area.
