Adam Lowe will discuss the impact of Arculus on the cryptocurrency market on panel: “Payments Driving the Future of Digital Assets”
CompoSecure, L.L.C. , a leading provider of premium financial payment cards and emergent provider of cryptocurrency storage and security solutions, with the recent launch of Arculus, a crypto cold storage solution, announced that Chief Innovation Officer Adam Lowe will speak at the Blockchain Expo North America virtual conference. Lowe will discuss the ripple effect that Arculus will have on the broader financial and payments market during the “Payments Driving the Future of Digital Assets” panel on September 30th at 3:20 PM EDT.
“Payments Driving the Future of Digital Assets”
Blockchain has become an accepted technology within financial institutions and businesses. Companies like Microsoft, PayPal, AT&T and Twitch have adopted blockchain technology to better secure payments. According to IDC, organizations are expected to spend nearly $6.6 billion on blockchain solutions this year, an increase of more than 50% compared to 2020. Blockchain spending will continue to see strong growth throughout the 2020-2024 forecast period with a five-year compound annual growth rate (CAGR) of 48.0%, reaching nearly $19 billion by 2024.
“As blockchain becomes more mainstream, the need, and quite honestly, the expectation for security technology that’s not only tough but also easy-to-use and intuitive will grow,” said Lowe. “We believe Arculus will be the standard-bearer of how blockchain makes it safe, simple and secure for the average person to manage their cryptocurrency and other digital assets.”
Read More: DeFi Enabled, Enterprise Grade Hybrid Blockchain, XDC Network, Gains Compliance Edge
Lowe will be joined by Alex Nascimento, Managing Director of 7CC Blockchain Investments; David Karney, Head of Digital Assets at WorldLine; and Kadine James, Creative Technologist at Yahoo!, to discuss how blockchain technology can enable payments with digital assets, create opportunities for businesses and protect digital identities. Ricardo Diaz, Head of Solutions at BRD, a leader in blockchain technology, will be moderating the panel.
The Blockchain Expo North America is an online, virtual technology conference and event. The event will consist of top-level content and thought leadership discussions covering the blockchain ecosystem. Industry leaders will explore this innovative technology and its impact on a range of industries including, manufacturing, transport, supply chain, government, legal sectors and financial services energy, utilities, insurance, healthcare, retail and more.
Read More: Financial Services are Experiencing Massive Adoption in the Philippines Through GCash
Over 5,000 attendees are expected to attend the virtual event with over 250 speakers sharing their unparalleled industry knowledge and real-life experiences through solo presentations, expert panel discussions and in-depth fireside chats.
On April 19, 2021, CompoSecure announced that it had signed a merger agreement with Roman DBDR Tech Acquisition Corp. (NASDAQ: DBDR) (“Roman DBDR”), a special purpose acquisition company. Upon closing of the proposed merger, the combined company will operate as CompoSecure, Inc. and plans to trade on the Nasdaq stock market. The transaction reflects a pro forma enterprise value for the combined company of approximately $1.2 billion. The transaction is expected to close in the third quarter of 2021 and remains subject to approval by Roman DBDR stockholders and other customary closing conditions.
[To share your insights with us, please write to sghosh@martechseries.com ]
