The Bolenum Project Announces Bolenum Cryptocurrency ExchangesteemCreated with Sketch.

in #cryptocurrency7 years ago

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Despite a few censorshipS and regulations, cryptocurrencies, led by innovations in the blockchain, have led to massive opportunity in eastern and western hemisphere.

Cryptocurrencies utilizing blockchain technologies have represented a monumental shift from centralized monetary structure. With decentralization the blockchain provides cheaper transactions, faster transaction fees, and untamperable wealth stores.

Featured primarily on the internet, cryptocurrencies are accessible to most everyone that has an internet connection.

However, despite this wide accessibility, cryptocurrencies have failed to penetrate the African market as well as the southern hemisphere including Central and South America.

This is due to a couple of reasons. First, the word “cryptocurrency” or “Bitcoin” doesn’t have as much currency as it does in the Eastern and Western hemisphere.

This is often due to the lack of press. The abundant African languages have yet to catch on to the trend because very few fluent in their respective languages know about this technology.

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Yes they have cheaper transactions and faster processing as compare to traditional ways.

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