With the upcoming U.S. presidential election potentially reshaping the regulatory environment for digital assets, Kelsey McGuire, chief growth officer at Shardeum and upcoming speaker at Benzinga’s Future of Digital Assets, detailed how her company is preparing for changes.
\McGuire emphasized that Shardeum's global reach allows it to monitor regulatory and political trends across jurisdictions, including the U.S. “We're monitoring the potential regulatory changes very closely in the United States, keeping a close eye on proposed policy changes and political leanings,” she said.
McGuire acknowledged that predicting digital asset policy in the region remains challenging but noted that Shardeum’s network is designed to adapt to new regulations while maintaining secure and cost-effective operations.
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Overcoming Hurdles in Consumer Adoption
Despite heavy investment in the crypto space, consumer-facing applications have struggled to achieve widespread adoption. McGuire attributed this lag to the industry's emphasis on technology details rather than practical uses. “Most people are not asking themselves how a text message is sent from one phone to another,” she remarked. Instead, she believes the focus should be on communicating the benefits of blockchain technology in daily life.
McGuire also highlighted the importance of user experience, noting that simplifying the interface and user journey is crucial for broader acceptance.
Volatility in Digital Asset Markets
The digital asset market’s volatility has prompted discussions about whether it has already peaked. McGuire emphasized Shardeum's commitment to stability during such uncertain times. “Our network is built around dynamic state sharding, which enables linear scalability,” she explained. This approach allows Shardeum to maintain low transaction fees even as demand increases. The network's community-driven structure also ensures that no single point of failure disrupts the system.
McGuire added that Shardeum prioritizes building real-world applications over speculative gains, positioning itself as a sustainable player in the digital asset space.
As the digital asset market continues to mature, the convergence of regulatory shifts, M&A activities, and adoption trends will define the future of this dynamic field. Benzinga’s Future of Digital Assets event in New York City this November will provide industry leaders and investors with a platform to explore these developments further, offering insights into the evolving regulatory environment and the latest market dynamics.
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