Emergence of cryptocurrency shifted the paradigm of how we approach money and financial system that we live in. Crypto showed us new ways how we can exchange value between each other and how we can take it to a global scale. Cryptocurrencies possess one key advantage: they allow us to build systems with no intermediaries or borders, meaning that transactions go directly from person to person, peer-to-peer on global scale. Transparency and fault resistance of blockchain systems also play crucial part in making cryptocurrencies a better alternative to existing financial systems. But so much anticipated crypto future is yet to come, and here is why.
The problem with widespread adoption of cryptocurrency lies within poor user experience. Simply put, it is still extremely inconvenient to use cryptocurrency for a regular person on a daily basis. Coupled with fear and security concerns crypto is being approached with much caution worldwide. Everyone is talking about it but few really take part in it. And even if someone does take in crypto industry, mostly it is only for speculation.
So it raises a question: what should be done to drive adoption of crypto worldwide? And the answer is simple - we need reliable services with simple interfaces and great functionality, in order to be efficient and attractive to the users. Just as internet developed - at first it was hard to use, but now it is user-friendly and functional. Unfortunately, somehow crypto industry took another path of development by creating huge number of useless blockchains and utility tokens that are only used for speculative trading.
The time has come to change this situation and push the worldwide adoption of crypto currencies by developing services for any individual or company to use crypto and blockchain in everyday life and business. One of the projects already working on it in full extent is Bitupper.com. There are more than 14 services to be developed during the next 3 years, including services for managing crypto assets, community management, business, integration, advertising and education.
To be continued…