The advent of Blockchain and Cryptocurrencies over the course of last few years has played a significant role in disrupting the entire Financial industry. Ever since the inception of Bitcoin in 2009, the industry has recorded significant growth. Blockchain and related emerging technologies are not only disrupting the modern-age finances but also has a massive impact on innovating and changing the way humans deal with these technologies. Here are some of the widespread applications of BlockChain technology
Asset Management,Trade Processing and Settlement, Cross-Border Payment, Unconventional money lenders/ hard money lending, Blockchain Internet-of Things (IoT), Smart Appliances, Blockchain Healthcare, Blockchain music, Blockchain Government, Blockchain Identity – Passports, Birth, wedding, and death certificates, however despite this industry’s parabolic growth, end-users still face multiple challenges. Even in this 21st century, more than 1.7Billion people (that’s a whopping 28% of world’s population) lack access to basic banking, mainly because of the operations
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