Despite warnings from its detractors, cryptocurrency has survived market skepticism and created a rapidly expanding niche in the financial industry. Those who remain undeterred by market fluctuations are working to ensure its steady growth through improvements in scalability and accessibility for wider use.

“The infrastructure is being built out now,” said Anthony Di Iorio (pictured), founder and chief executive officer of Decentral Inc. and founder of Ethereum. “We’re seeing more and more the interfaces and ways that the masses are going to start connecting with these technologies.”

Di Iorio spoke with John Furrier (@furrier) and Dave Vellante (@dvellante), co-hosts of theCUBE, SiliconANGLE Media’s mobile livestreaming studio, during the Blockchain Futurist Conference in Toronto, Ontario. They discussed Di Iorio’s predictions for the future of crypto and how he’s working to leverage its long-term economic benefits.

Creating real value

While Di Iorio believes cryptocurrency is still ripe with revolutionary potential, he says the space is currently hindered by challenges of scale as these decentralized technologies undergo a boom of global growth. In order to facilitate this spread and the market at large, he’s positioning Decentral as the coin interface to support development through a streamlined platform.

“Our goal is to be the interface that projects can use to move and manage their digital currencies and connect them with other projects and services that their user base needs,” Di Iorio said.

Decentral aims to integrate the many emerging, disparate technologies in the space through its single interface to enable companies to focus on utilization and return. For Di Iorio, the value of crypto goes far beyond tokenization.

“There’s way too much idea of a token being the be all and end all. Creating real value and not banking just on that token being where you’re going to make money is the building step that needs to get done,” he said.

Crypto’s ups and downs have been likened to the booms and busts of the dot com era, but it also mirrors the early internet in its need for ease-of-use optimization for mainstream adoption. As new industries engage with the tech, its focus is shifting to the cultivation of long-term benefits in the wider market.

“Right now there’s a lot of people trying to make quick money. I think those people will be weeded out, and it will come down to those value creators. People who are really building things will be the ones that last,” Di Iorio concluded.

Watch the complete video interview below, and be sure to check out more of SiliconANGLE’s and theCUBE’s coverage of the Blockchain Futurist Conference.

Photo: SiliconANGLE