Interview with the Bitbon System Creator: How Blockchain Will Change the Global Financial Market

Cryptovest had a chance to interview Simcord CEO Alexander Kud about the Bitbon System, its features and its significance.

In many respects, current trends in computerization and informatization influence changes that occur in the system of economic relations between citizens of individual states and the rest of the world.

Digital developments, which replace the traditional financial systems, hold a special place in these transformations, making their functions simpler, more transparent and convenient, while also ensuring reliable and safe information storage. Today, the main ideologist and author of the Bitbon System concept, Alexander Kud, tells us about one of these developments.

Q: Alexander, let’s go back to that period when you decided to create your own economic platform. Tell us how it was, and what was your main motivation?

A: Since 2001, I have been focused on financial studies and development of high-tech software solutions in the field of capital management. On the one hand, I observed the incredible rates of blockchain development and popularization in the financial industry since 2009 and could objectively assess the possible disadvantages of existing cryptocurrencies.

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