The post Giorgi Shonia on Critical Steps if Crypto is to Succeed Long-Term appeared first on Coinpedia Fintech News It’s 2025 and we’re pretty honest when we say that crypto has never been bigger. Interest is through the roof, and even usually slow-to-change traditional financial institutions seem to have finally admitted that they need to adopt crypto, at least partially, not to miss out on future possibilities. But scratch beneath the surface, and you’ll find the same old problems that have persisted in the industry since its inception threatening to derail everything: outdated security, hidden fees, and platform interfaces so confusing they seem designed to keep people out rather than welcome them in. It doesn’t take a high-level industry insider to see the pattern: the market gets hyped, money flows in, but the fundamental issues never get fixed. With Web3 no longer just industry jargon but on the cusp of becoming a digital reality pillar, crypto’s make-or-break moment isn’t that far away. Will the industry actually deliver on its revolutionary promise, or just remain a playground for insiders who already know the secret handshake? It all depends on the industry’s willingness to finally face and fix the problems that have prevented mass-scale adoption since the beginning. Giorgi Shonia Aims to Have Security Reimagined It shouldn’t come as much of a surprise that the CEO of the upcoming trading platform Nordom Exchange, puts a particularly high emphasis on the need to provide better security. Unlike most exchange leaders who come from finance or marketing backgrounds, Shonia began his digital career in cybersecurity before transitioning to development. Those curious to meet Giorgi Shonia and learn more about his path or hear more of his expertise in the field, can visit his website. What jumps out in industry discussions is Shonia’s take that most exchanges treat security as a feature rather than a foundation. Too many platforms bolt on security after the problems have already popped up, scrambling to patch holes after attacks instead of building solid systems from day one. Nordom’s team is trying to take the opposite route, utilizing cold storage, encryption ( instead of enticing people with marketing buzzwords), and outside security audits. But here’s the thing—all the tech solutions in the world wrapped up in a singular platform won’t matter without a fundamental shift in attitude at large within the field. The industry needs to start putting user protection ahead of launching shiny new features. Exchanges must come clean about their security measures (and risks) instead of hiding behind vague promises and refusing to acknowledge there are any dangers at all. After years of headline-grabbing hacks, trust is in short supply. Earning Trust: Importance of Education and Transparency Let’s be honest—crypto can be a minefield for newcomers. Most platforms act like everyone who clicks on was born understanding blockchain. There’s a huge knowledge gap and it drives away people who’re just trying to gauge the situation. These are the people who might’ve stuck around and helped the ecosystem grow—if only the industry were more welcoming. Nordom’s approach is to have the platform act as an educational hub along with providing a more user-friendly trading experience. New traders can learn as they go, including what the concept of crypto mining even is, how to earn free crypto rewards through various platform activities, how to identify scams, etc.—making the whole thing less intimidating for regular people who are curious but confused by crypto’s complexity. But education is just one piece. Have you ever tried to figure out exactly what fees you’re paying on most exchanges? Good luck with that. The charges are usually buried in fine print that nobody reads. Platforms serious about sticking around need to make their pricing crystal clear—no financial decoder ring required. The crypto industry needs to make important choices about how it intends to operate going forward. Its future depends not just on fancy tech but on whether platforms can create spaces where regular folks feel safe, informed, and valued. The outlook seems bright, but without exchanges tackling these core issues, all that potential will remain just that—potential.
