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Bitcoin and Cryptocurrency Trends To Watch Out For In 2017

The Potential of the Blockchain Will Be Recognized

For those unfamiliar with the blockchain, it's the technology that bitcoin, and other distributed ledger systems, are based-on. It was originally envisioned to change the way securities and cross-border payments were settled. However, banks, exchanges, and other financial services have been using the blockchain for its digital currency capabilities.

Although in 2017, more people will begin to realize the benefits of the blockchain outside of virtual money.
This includes enabling point-to-point transactions without having the need for intermediaries. The blockchain can also enhance smart contracts so that it will be possible to automatically issue digital securities and trade financial derivatives.

https://www.inc.com/john-rampton/cryptocurrency-trends-to-watch-out-for-in-2017.html