The Dfinity chief said that Internet Computer would prove to be a boon for the blockchain industry, which is currently dependent on centralized systems like Amazon Web Services.
Blockchain technology is quickly gaining prominence in the financial world; with the numerous technological advancements, blockchain use cases are going beyond their original purpose, which was cryptocurrencies and, more specifically, bitcoin.
According to a report by Finance Magnets published April 20, 2020, high-speed blockchain network AVA has launched two of its testnets which aim to compete with payment giants including Visa and Mastercard.