Cryptocurrency Still Growing!

BTC Manager just came out with the top 20 crypto companies to look out for and our partner Utopi made the list! 

BTC Manager just came out with the top 20 crypto companies to look out for and our partner Utopi made the list! 

The first cryptocurrency, Bitcoin, came out in 2009.  Since then more than 1384 have flooded the market since January 2018 and still growing.  With the market acceptance of cryptocurrency, knowing which ones to pay attention to may be a bit mind boggling if you want to get in on this hot market.

Furthermore, not all Blockchains (which are the digital foundations and global money systems for cryptocurrencies) are created equally.  Things to look out for with the next generation blockchain and cryptocurrencies to ensure quality include:

  • Performance
  • Privacy and Security
  • Complexity
  • Transaction Costs
  • Scalability

According to Technavio’s market research, “analyst predicts the global blockchain technology (BT) market to grow steadily at a CAGR of around 56% by 2021”  Furthermore they state, “One of the latest trends gaining traction in this market is the advent of artificial intelligence (AI). BT powered by AI is the most advanced IT development taking place in the blockchain and cryptocurrency market. AI provides several features to manage decentralized monetary systems.”

As more and more new and innovative front-end consumer products flood the market and housed on the blockchain, this research provides great insight to what the next generation blockchain looks like not only in quality, but functionality.

To learn more about becoming a blockchain and cryptocurrency partner, contact us today!

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