Technology has fundamentally changed the world in the last 20 years. The influx of computers in everyday life has redefined the way we do business, communicate, shop, date or find a job. While several sectors have had to adapt to survive this digital transformation, yet money remains a sacred cow. We are still waiting for its fundamental disruption – but could it be crypto?
Thanks to blockchain technology, cryptocurrencies such as Bitcoin, Ethereum, Ripple were able to be developed for disruption to follow. It has been proclaimed that these technologies could have just as much impact as the launch of e-commerce 1995 – while no one knew where this would lead us at the time, there was an assumption it would be the next big thing – and arguably, it was.
Sceptics said the internet only serviced criminals for drug trafficking, prostitution, and shady transactions1. Yet look at where e-commerce stands today. The evolution is massive, and the same thing will happen to cryptocurrencies. Despite the 2017 bull-run, cryptocurrencies have yet to find their way into society. Yet mainstream adoption may be closer than you would think….