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RE: Crypto Academy Week #6 Homework Post for Professor @gbenga | Topic: The Security Benefits of Applying Blockchain Within any Industry, and the impact of cryptocurrency on the industry. By: @tanhunter254.
Thanks for being a part of this week's class.
Although the blockchain has not been exponentially massified in the business world
Do you believe that in 2030, cryptocurrency will be acceptable in all industry?
Hello professor @gbenga thank you for reviewing my homework, I will make an example and give you an answer to your question, there are always the skeptics today with national currencies there are people normally of adult age who are reluctant to use a credit or debit card and only accept cash, this is because they consider safe to have physical money and believe that they can steal their money stored digitally in a bank, it will sound strange but it is so, in this case perhaps it is 0.3% of the elderly.
Now let's take it to the cryptocurrencies that are spreading every day, with the industries the same thing will happen, many will migrate but others will stay some in the past, the migration will be voluntary or forced to increase their volume of trade, it is possible that by 2030 75% or 83% of the industries accept it as a means of payment. In my country (with many political and economic problems) informal vendors already accept EOS, Dash and other cryptocurrencies, when I speak of informal vendors, I mean people who sell products on the street, repair and varieties, as well as formal businesses or franchises that accept cryptocurrencies, then I wonder if every day there are more people interested in learning and in a country with as many problems as Venezuela accept it, it seems quite likely that the industry will surrender to cryptocurrencies and blockchain.
I think I read once that you said that blockchain was something in its infancy, let's imagine then if being in its infancy it has achieved a lot in a short time, what will it be when it grows, in a few years. Exiten a small city in venezuela where I have heard that steem is moving, I hope you understand the translated answer. Greetings and good wishes professor until the next class.