As blockchain technology continues to move further into the mainstream, it stands poised to impact every aspect of society and finance, from payments and investments to data security and record-keeping. Most would agree that investment in blockchain technology is important, particularly in the financial services industry, but ensuring wise investment is a more complicated proposition. In addition to concerns about speed, cost and security, evaluating investments in blockchain technology also need scalability, as blockchain’s promised benefits rely heavily on choosing a blockchain that can handle growing demand.
Awareness of the potential of blockchain technology is spreading, and cryptocurrency use is contributing to that. Thirty-seven percent of all consumers surveyed said they believe transactions using blockchain are faster, but that portion jumps to 68% among consumers who own crypto. Eighty-two percent of CFOs and finance chiefs and 88% of merchants said their payments...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...