Coinbase CTO Says Cryptocurrency Entering Mainstream Adoption

in #coinbase6 years ago

Blockchain and Cryptocurrency Adoption Steadily Improving

On a Twitter post recently, Balaji Srinivasan revealed how cryptocurrency is entering the mainstream. He stated that major tech companies like Google, Amazon, Facebook, Microsoft already had made significant efforts with blockchain. Recently the cryptocurrency markets have proven stable despite turbulence in the forex sector and the Dow Jones.

The blockchain is a data distribution technology that has proven it’s security capabilities since its inception about a decade ago. Moreover, the basic structure of the blockchain enables vital information to be securely accessed by virtually anybody.

Blockchain data are decentralized in that they are related to every node on the network. Additionally, anybody can view the content of the data without alternating it. Blockchain and cryptocurrency application is continuously increasing to a wide variety of industries.

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