With the world connected now more than ever through the means of the internet, we have already seen this gateway becoming the future of banking. Every day new apps and online commerce opportunities are popping up. At Crypto Crowd we have recognized their potential as a fantastic opportunity for investment. Especially those that run on Blockchain.
Globally there are approximately 2.2 billion individuals with access to the Internet or mobile phones who don’t currently have access to a traditional exchange, these people are primed for the Cryptocurrency market. A fantastic example comes from Kenya’s M-PESA system. This is a mobile phone-based money transfer and micro-financing service which recently announced a bitcoin device. Today one in three Kenyans now owning a bitcoin wallet. This is huge! A developing country needs the innovative rather than the traditional to grow. Blockchain is that innovation.
Furthermore, as cryptocurrencies are not bound by exchange rates, interest rates, and transaction charges, they can be used at an international level above state-mandated restrictions. Resultantly, business can operate uninterrupted: an efficient marketplace across the medium of smartphone apps.
Blockchain is the inevitable continuation of this pattern of online commerce. At Crypto Crowd we have noted this and are building a community to learn, work and invest together. It really is quite exciting!
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