Over the years, technology has been evolving and ways of making money have changed. Individuals no longer work from 9-5; instead, working from home has become a popular trend. Over the years cryptocurrency has gained acceptance as a big world sensation. However, business mogul Jason Hope states, despite its popularity, cryptocurrency has been faced with challenges after the fall of bitcoins by 30%. It is not only bitcoins that have experienced a decrease but almost all cryptocurrencies.
The fall of the cryptocurrency was experienced after the Chinese Banking Association announced restraining institutions from using digital currencies due to its unpredictability. Some individuals might think it is the end of cryptocurrency. However, Jason Hope who is known as a futurist, thinker, technologist , and entrepreneur thinks otherwise. According to Jason Hope, the cryptocurrency industry has been evolving every day, and the decrease in bitcoins is just part of the growth. The technology guru thinks that digital currency will change how businesses are conducted. Below is Hope’s study on the future of digital currency.
The Promise of Crypto on E-commerce
Jason Hope notes that the rise of e-commerce needs digital currency now more than ever. Digital currency has lower transaction fee, and businesses as well as clients prefer using the currency over their credit card.
On the other hand, some companies charge transaction fees per product purchased using a credit card, Jason Hope confirms. The fees-less digital currency serves as a game-changer for future e-commerce businesses.
Secure Online Transaction
According to the business technology futurist, Jason Hope notes that businesses will require a more secure transaction system to help them build trust with their customers. He notes that the need to use digital currency is already there, although individuals are not able to identify the right solution. Using cryptocurrency will reduce fraud.
Investing for the Future
Jason Hope trusts that the use of cryptocurrency will open investment chances for investors. Cryptocurrency serves as a gateway for investors to venture into new exciting technologies.