Digital currencies have used scarcity to drive their adoption and worth. Scarcity alone is not enough to generate value, as it has to be coupled with a liquid market and demand for the currency.
So says Jonathan Levin, CEO and co-founder of Coinmetrics, who is also an economist, digital currency consultant and renowned expert on virtual currencies.
Levin will be among the speakers to present at the ITWeb Digital Economy Summit 2015, a two-day event being held in Johannesburg on 21 and 22 April.
C-level executives and other senior business and IT decision-makers with a digital mandate will hear about the latest trends, tools and technologies across a range of sectors, including digital currencies, big data, digital media and digital marketplaces.
Levin will highlight the need to understand digital currencies and how they can be used as a model for innovation in the rapidly-growing digital economy. He has consulted to government bodies, money remittance companies and first-tier investment banks on the future of digital currencies.
He is regarded by many as an innovator in bringing the new age of transparent, inclusive and disintermediated finance into play, having designed tools for anti-laundering solutions in Bitcoin.
Joining Levin at the summit is economist Mike Schussler, who will provide delegates with a closer look at how and why the digital economy is developing globally, and its impact on local markets.
Schussler has over two decades of experience and has been named economist of the year twice, having won awards from the Greater Johannesburg Chamber of Commerce, among others.
Levin and Schussler, along with other subject matter experts, will equip delegates with pertinent insights into digital trends and the key disruptive forces moulding the digital-first world.
Click here to find out more and register your interest in attending.