Ethereum, a platform that has significantly changed the blockchain landscape, approaches its 10th anniversary. Recently, Consensys shared its vision of Ethereum moving into a new direction as a trust infrastructure that will play a crucial role in financial systems and beyond.
New Concept of "Trustware"
Consensys Chief Strategy Officer Jason Linehan highlighted in a recent interview that Ethereum has evolved from a smart contract platform into a foundational layer for verifiable and programmable trust. He termed this evolution as "Trustware", stating that it will become the new identity of Ethereum.
Ethereum Price Predictions
Linehan also presented price predictions for Ethereum based on the cost-to-corruption model. He predicts that ETH will reach $4,900 by the end of 2025 and $15,800 by 2028. He also noted projections of $1 trillion in stablecoins and $500 billion in tokenized real-world assets by 2028.
Future of Ethereum in Finance
Linehan asserts that Ethereum will change the future of financial systems. "The future will not be like the past... It will be an economy like we have never seen before," he remarked, pointing to Ethereum's potential to disrupt existing models.
As Ethereum approaches its anniversary, it becomes clear that the platform is finding new pathways of relevance and significance within modern financial systems, potentially altering the economic landscape of the future.