CryptoCurrency Entrepreneur

Although half of the population of the world is available online yet only 1% or less use or own cryptocurrency. This signals that mainstream adoption of cryptocurrency is a far-off reach. Before we get into proposing the solutions, let’s take a quick look at the key factors that lead to the adoption of a ground-breaking concept of economy. These four factors play a pivotal role: accessibility, security, transparency, and human touch.  A renowned crypto enthusiast based out of India believes that the global economy can be redefined with the help of the four aforementioned factors. He is bullish that the factors will act as pillars in building a crypto-driven economy. When there is a comparison between the conventional economy and the blockchain-powered economy, the latter seems more complex. The reason behind it is complicated cryptography and intricate codes that go into it. However, many of us are unaware that the conventional finance system conceals the intricacies....

The debate has been going on for long about cryptocurrency being legalized by countries. Cryptocurrency evangelists have been of the opinion that cryptocurrency can solve numerous problems in the traditional financial industry. According to them, cryptocurrency can lead to an efficient payment system, especially for cross border transfers. Cryptocurrency can enable quick transfers saving the time, eliminate middlemen lowering the costs, and help maintain a trusted database of transactions on the blockchain network. On the other hand, several financial regulators of different countries are of the opinion that cryptocurrency can lead to financial instability as the digital coins are volatile in nature. Moreover, due to the decentralized nature of the transactions, it will be difficult to keep a check on all the financial activities to prevent any terrorism funding activity. Cryptocurrency, not involving a centralized governing authority and regulatory body, make transactions ...

The blockchain is a nascent technology in India. It is very recent that the Government of the nation and the business masterminds have started taking interest in the technology. One of the greatest reasons behind imperception was lack of relevant knowledge. If the blockchain technology is to be adopted widely by the mass of India, then blockchain-based education is a must.  A popular blockchain enthusiast from India stated, “For imparting in-depth knowledge of blockchain to the citizens, it is indispensable to have blockchain academies in India.” Not many people are aware that India houses a few academies that are dedicated to offering courses in blockchain technology. Nevertheless, the establishment of blockchain academies in the nation is a recent advancement. Every Indian blockchain expert firmly believes that the mainstream adoption of the blockchain technology is only possible with the help of more number of blockchain academies in the nation. It is due to the har...