That prediction comes as more financial services apps are built using blockchain technology and cryptocurrency has become more widely accepted.
Also working in the industry’s favor is the fact that major financial services companies including PayPal, Visa and JPMorgan have adopted cryptocurrency as a payment method in the past year, as well as more startups coming on the scene—armed with capital—to develop more user-friendly blockchain platforms.
Still, blockchain faces hurdles, including volatility in cryptocurrency pricing and confusion and misunderstanding from many consumers about the technology and related financial services, experts say.
Blockchain is digital information that is stored in a public database, and the benefit, particularly in the financial sector, is the ability to have a shared ledger recording detailed transactions without any identifying information, leading to improved security.
Read more
Also working in the industry’s favor is the fact that major financial services companies including PayPal, Visa and JPMorgan have adopted cryptocurrency as a payment method in the past year, as well as more startups coming on the scene—armed with capital—to develop more user-friendly blockchain platforms.
Still, blockchain faces hurdles, including volatility in cryptocurrency pricing and confusion and misunderstanding from many consumers about the technology and related financial services, experts say.
Blockchain is digital information that is stored in a public database, and the benefit, particularly in the financial sector, is the ability to have a shared ledger recording detailed transactions without any identifying information, leading to improved security.
Read more
Laurent Leloup
. Fondateur Finyear
. Auteur de Blockchain, la révolution de la confiance
. Fondateur Blockchain M&A Boutique
. Fondateur Finyear
. Auteur de Blockchain, la révolution de la confiance
. Fondateur Blockchain M&A Boutique
Autres articles
-
Stage 6 Mois : Analyste ESG
-
10 investisseurs institutionnels français lancent une initiative de place pour constituer des fonds d’investissements ciblés sur la biodiversité
-
MonkeyEmpire : Le jeu qui convertit les gamers du web2 au web3 annonce le lancement du MonkeyCoin, sa propre cryptomonnaie
-
Assistant Carried / Private Equity / Paris
-
France Fintech et Julhiet Sterwen présentent leur cartographie des fintechs au service des banques, assurances et institution financière