Thomas Carter raised eyebrows when he predicted that the cryptocurrency market would breach $1 trillion in market by the year 2020. Just six days after 2020 had come to a close, Carter’s prediction came true, and his reputation as a man who could foresee trends in the cryptocurrency market was cemented.
Carter isn’t new to accurately predicting trends. He went on to create DealBox in 2018 based on his ability to analyze investment platforms and regulatory compliant tokenized securities and see their potential. Under Carter’s leadership, DealBox has grown into a highly respected business with millions in annual sales. Its reputation for creating cutting edge technology has landed the business at the top of its industry.
Carter explains, “We use Tezos blockchain to empower our technology stack to provide both issuers and investors a smart, reliable way to invest capital. We’ve been successful for many reasons, but the main one is because we use smart securities issuance technologies. This has been a real game changer for us.”
For those unsure of the differences between traditional securities and DealBox’s tokenized assets, Carter explains, “Yes, both are vetted and fall under the regulation of the CFTC and the SEC. However, what makes our assets so much better is that ours are more efficient, affordable, secure, and easier to regulate due to the novel features of blockchain technology.”
“What a blockchain essentially does is record information so that it’s difficult or impossible to change, hack, or cheat the system. The closet analogy is a digital ledger. After it is duplicated, it is distributed across the entire network of computer systems.”
These days, Carter is leading DealBox’s fintech innovation team to begin a usability campaign, “make crypto easy.”
Carter has specific reasons for starting this campaign. “Those long, alpha-numerical addresses used in digital wallets are too hard to remember. I think we can all agree on that, right? Why not simplify them? Why do crypto addresses need to be so difficult? They don’t, so I started the campaign with Total Network Service Corp (TNS). We have ultimately simplified the sending and receiving of cryptocurrency. That’s going to make many things easier and more efficient.”
Digital Names for cryptocurrency and digital wallets will accomplish what domain names did for the internet in the 1990s. Rather than remember a numerical IP address for a website, you can just enter a business or term into a search engine and arrive at the desired destination.
“When you remember the $6 billion in gross profits – annual – that the domain service industry has seen, it’s not hard to see how that profit can be seen in my own industry.”
Carter has lately been guiding TNS to work with a consortium of telco and manufacturing companies on a stealth project aimed at delivering an interoperable solution that will bring an entirely new spectrum of networked communication between the traditional internet, blockchains and IoT (Internet of Things) enabled devices.
Carter’s website states:
“The significance of the crypto space breaching $1 trillion in market cap isn’t so much the number, as that certainly will fluctuate over time. I think the takeaway for investors and entrepreneurs is in realizing that the market cap milestone was fueled by institutional investment activity which seems to validate the intrinsic value and utility of the blockchain technology I’ve been evangelizing for the past several years.
Blockchain is truly novel. There are things you can do with blockchain that you just can’t do with any other technology. The things you can do only with blockchain technology have one thing in common and that is empowerment of the individual and democratization of transactional activities whether that be in logistics, finance, communications, etc.
My career focus has been on empowerment and providing value in the fintech space. The advent of blockchain tech has increased that capability 1000x and represents a generational disruption across all the industries that can benefit from distributed ledger technology. I’m excited to be among those leading the charge.”
Carter has an ambitious vision for DealBox’s and TNS’s future, and while he is already underway, he is already seeing the future. “More innovation is coming. I love the potential each day has. Whatever I can think of in my mind, I can translate that into a working idea. That’s exciting to me.”
Read more about Thomas Carter, Founder and Chairman at DealBox, Inc., and CEO of Total Network Corp., through this press release: Cryptocurrency $1 Trillion Dollar Market Cap Prediction Comes True as Thomas Carter Shares Insights on Digital Assets for 2021, or connect with him on LinkedIn and Instagram.
DealBox, Inc.’s mission is to “democratize wealth for all.” DealBox, Inc. is the new standard for venture investment and funding. We are a specialty capital markets consulting firm focusing on traditional and digital securities industries, utilizing blockchain-based technologies, enhancing capital formation for entrepreneurs, and early ventures to growth-stage companies.
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