Predicting financial trends and technological advances in a given market requires in-depth knowledge of the problems and outdated solutions associated with that market today.
All too often, we hear the talking heads of the financial media make bloated, blockbuster predictions with the intention of getting people’s attention. It’s one thing to predict, another is to accurately predict and bet on it.
Thomas Carter publicly foresaw a fourfold increase in the total cryptocurrency market capitalization in early 2020, when it was about 250 billion. This type of forecast was not a frivolous attempt to attract more people to get sponsors to pay. Instead, it was the result of a chess thought process that saw the challenges faced by traditional markets and how cryptocurrency would be the solution that people turned to at the time.
This is the same forward-looking approach that Carter took to the investment world. Finding traditional methods ineffective and technologically stagnant, Thomas founded DealBox and put himself at the forefront of the smart securities revolution by creating an innovative platform for issuing and investing digital securities using interoperable token technology based on the Tezos blockchain protocol (XTZ).
DealBox gives issuers and investors a best-in-class approach to being first in line. Invest in innovative new companies using smart securities or security token issuance technologies that create potential secondary liquidity for investors. With cumulative digital assets surpassing $ 2 trillion in 2021, Carter sees a move towards a regulated tokenized asset market this year. Safety tokens are at the heart of the rebound.
Thomas Carter is now betting on what he believes has more potential than anything he has been involved with in the last 30 years in FinTech: digital names.
Digital Names does for cryptocurrency and digital wallets what domain names did for the Internet in the 90s. Instead of having to remember the numeric IP address of a website, you can simply enter www.website-name.com and arrive at your desired destination.
By simply using $ yourname, which sells for $ 19.95 a year, you can get around the problem of long cryptographic keys that are impossible to remember and scary to use during high-value transactions.
We had the opportunity to speak with Thomas Carter, the only person who accurately predicted the trillion dollar cryptocurrency market cap. He said the following about digital names:
“The DNS changed the rules of the game early in the development of the Internet and contributed to its widespread adoption. DigitalNames.io is leading the way to do the same for the internet and digital wallets.
This is one of the most exciting investment opportunities we’ve ever seen, ”says Carter. “It’s a pick and shovel business model, and gold is blockchain and cryptocurrency. So much so that we went for broke and I am the current CEO. We recently closed the Serie A round and we are now preparing for Serie B later this month. We eat ourselves, so to speak, using DealBox to offer security tokens. “
Carter predicts that this industry will be larger than the domain name services industry, which currently generates about $ 6 billion a year. GoDaddy, one of the major DNS providers, has a market cap of around $ 13.3 billion today. How can it be bigger than DNS? Carter notes, “Well, in the future, everyone won’t need a website URL.
Everyone will need a digital wallet address. ” This new industry and market opportunity will create a new round of similar companies that Total Network Services Corp can take advantage of.
Digital Names’ recent success is largely due to its applications beyond cryptocurrency. It solves a real problem not only for regular cryptocurrency users, but for anyone using a digital wallet, and is easy to integrate into any blockchain-based app or exchange.
Thomas Carter, CEO of Total Network Services (TNS) – the creators of digital names – sees TNS’s success directly impacting the adoption of digital names as they both seek to facilitate the adoption of cryptocurrency and blockchain applications.
“Data security, privacy and individual sovereignty have been breached in the current version of the Internet. TNS and Digital Names aim to open gateways for blockchain technology to flourish. We recently filed a patent for a highly secure way to interact with both mobile devices and the Internet of Things using our proprietary technology stack.
We look forward to the ICT industry and are partnering with key players such as the Telecommunications Industry Association to create new technologies that secure the global supply chain with blockchain while providing an easy path to FCC compliance for telecommunications companies. ”
Thomas Carter – Founder of DealBox, Inc. and CEO of Total Network Services Corp “TNS”. You can read about Thomas in the article “This FinTech Veteran Makes It Legal to Fund Cryptocurrency Startup” or contact him on LinkedIn.