US needs competitive moat around tokenized RWA — Sergey Nazarov

The US has the most robust and reliable capital markets in the world that should be leveraged for a competitive advantage, he said.

The United States needs to establish a competitive moat around highly secure tokenized real-world assets (RWAs) to remain competitive in the age of borderless, permissionless finance, according to Chainlink co-founder Sergey Nazarov.

In an interview with Cointelegraph’s Turner Wright at the Digital Asset Summit in New York, Nazarov said that blockchain is a global phenomenon that relies on open-source software and distributed technology, unlike previous technological shifts.

The executive added that the shift to online commerce, which gave the US a competitive advantage due to a five- to 10-year head start on the development of internet infrastructure, is not applicable in the age of digital finance. The executive told Cointelegraph:

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