Goldman Sachs researcher Jeff Currie believes that Ethereum could become the Amazon of Information where individuals can privately store, transfer, and sell their personal data.
Goldman Sachs researchers are bullish on crypto’s future role in the data economy.
The banking giant recently published a report titled “Crypto: A New Asset Class” discussing the technology’s potential to become an institutional asset class. In it, the Global Head of Commodities Research Jeff Currie discussed the potential for blockchains to change the way information is handled on the Internet. In industries where trust is key, blockchain’s ability to be immutable and public while still protecting privacy gives it a significant edge over frameworks that require trust to function. Finance, law, and medicine are key areas where smart contracts can change the way information is transferred, Currie noted.
