For example, if the risks are properly managed, cryptoassets could potentially serve as a new funding tool, allowing small businesses to find the capital they need. Some also argue that cryptoassets could deliver financial services to segments of the population that are underserved by existing financial institutions.
Even if the products themselves ultimately fail, they advance the development of technologies that are likely to be useful for a range of other purposes. Cryptoassets spurred the development of distributed ledger technology (DLT), which may have many valuable applications.