Blockchain and cryptocurrencies are dominating the news today. The 10 largest companies in the world are now exploring blockchain technology; Bitcoin is all over the news; even Hollywood is now in the thick of producing a movie aptly titled, Crypto.
Today, there exists a bewildering array of cryptocurrencies in the market. Aside from Bitcoin, other cryptocurrencies such as Ethereum, Ripple, Litecoin, Ethereum Classic, NEM, Dash and thousands of others flood the market.
According to a survey by the World Economic Forum’s Global Agenda Council, “currently, only a very small proportion of global GDP (around 0.025%, or $20 billion) is held in the blockchain.” However, it further suggests that: “this will increase significantly in the next decade, as banks, insurers and tech firms see the technology as a way to speed up settlements and cut costs. Companies racing to adapt blockchain include UBS, Microsoft, IBM and PwC. The Bank of Canada is also experimenting with the technology.”
Indeed, we are seeing the rise of cryptocurrencies. Download this Special Report, find out the inner-workings of a cryptocurrency and where the industry is headed, including:
- A look at the macro- and micro-level issues involved
- The dark side of cryptocurrencies
- Will cryptocurrencies power a cashless society?
- The building blocks of a crypto-economy