What is the scope of cryptocurrency in the future?
Cryptocurrencies are a subset of alternative currencies or specifically of digital currencies which uses encryption techniques to regulate the generation of units of currency and verify the transfer of funds, operating independently of a bank. It is a digital asset that works as a medium of exchange by using cryptography to secure the transaction.
See I don’t have crystal ball that could tell what is going to happen in future. But I know one thing that decentralization is future and cryptocurrencies have that power.
I hope you understand the problem when the money is centralized and the problem you face.
Now, just imagine if the money is controlled by everybody and you can see where it came from and where it go, so Blockchain gives us that power to monitor all transaction. This is where the power of cryptocurrency comes in.
for more detail to know the scope of cryptocurrency and investments in cryptocurrency, to see plans visit & signup: www.cryptomaster.us
We think Wellington Sculley nailed it when he said
“Rather than using cryptocurrency technologies to switch these stores of value to a new single store of value, why not focus on making them more interoperable, i.e. easier to exchange?”