Glitz of Digital Currencies
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According to some assessments, the blockchain has just about 9 of the 58 industries that might fundamentally revolutionize financial services, travel and mobility, healthcare, and many more.
More so, the blockchain technology utilized by these other businesses looks to have the potential to be used as a ledger of transfers rather than merely for digital information.
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It is reported that some sectors could create a blockchain solution that might have an impact worldwide.
Looks like the world has not seen a shift like this since the telephone or the internet.
While everyone is said to be distracted by the glitz of digital currencies, these other industries could possibly be at the forefront of the fintech flourishment!
According to MIT, "Blockchain has disrupted established service offerings and it is here to stay."
Nothing like this has ever happened in the history of the planet thanks to the advent of the telephone and the internet.
Other sectors seem to have disruptive technology in the market.
In response to the trend, it is believed that technology titans are switching on the trend
While this might seem familiar to some, the implications for system efficiency and simplicity throughout banking and the whole commercial interests are said to be enormous.
Apparently, several other sectors are integrating public and private blockchain technology into one of their decentralized blockchains.
Machines and mobile phones have altered how people work, not just in the office but with their finances and resources.