Why Cryptocurrency is the Future of E-commerce

The past few years have seen Bitcoin grow phenomenally in fame and value, and today it has become an investment everyone is vying for! From big corporations to individual traders, people are looking to best capitalize on the monumental growth Bitcoin is speculated to achieve. Mining this Cryptocurrency is something only few have learnt fully, but at the rate at which Bitcoin is hitting the mainstream trading markets, people will soon know how to best make profits from it. Though the popularity surrounding cryptocurrencies is growing at a stellar rate, there's still a lot in the shadows. 

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A virtual currency, people often wonder how the Bitcoin being digital, has any value in the modern society. Back in 2009, pseudonymous people under the name of Santoshi Nakamoto thought of creating an online currency. In those times, physical currencies were the only currencies known. However, once Bitcoin became well known, people started employing it in digital transactions swiftly.

Here are 4 reasons why Bitcoin is the next big trend in the digital era:

1) It is Widely Accepted:

With Bitcoin having become so popular, it is being accepted everywhere as one of the many payment methods. This goes perfectly with the e-commerce trend going on. Instead of having to worry about shoddy payment methods, you will be able to pay safely and swiftly. Having flexible payment systems also helps better customer experience.  

2) Minimal Transaction Fees: 

Many online transactions done through banks or other payment methods levy taxes or additional charges. From a business's perspective, this might not seem big, but for a customer spending money, an additional cent always seems bitter! Bitcoin has reduced transaction fees when compared with other payment methods, and this plays a big role in retaining customers. 

3) Ecommerce Integrations: 

Since purchases are today a global deal, payment methodologies have to evolve accordingly. With geographical boundaries becoming non-existent in the online environment, Bitcoin is the perfect payment option for facilitating online transactions and promoting a safe e-commerce experience.

4) Money Transfer is Smooth:

Money once debited from a customer, might take some time to get credited in the business's account. This lag tends to persist in several payment techniques, but with Bitcoin, payment happens instantaneously!   

Join the cryptocurrency fad with Openwave - the top Cryptocurrency Development Company in Singapore! With us as your technology partner, you will be able to make the most of the upcoming cryptocurrency trends. Reach out to us today to get started! 

How Blockchain is Set On Pacing Up Trends in 2019

Blockchain has been considered by many to be one of the key driving forces of technology, set to carry humankind light-years ahead. This decentralized tech trend had taken the world by storm upon its conception, and still continues to be a powerful aspect of today's digital world. 2019 is looking to be an year filled with innovations and inventions, and Blockchain is certainly on the list. Aiming to make transactions faster and more secure, digital finance is but one of the many domains blockchain development technology is looking to disrupt for the better!

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Here's how blockchain is going to improve the world as we know it:

#1. Better Privacy Facilities:

For long data security has been a problem in blockchain development. Privacy issues have irked several experts and the threat of hacking has been ever-existent. So in 2019, we can expect betterment on these grounds.

#2. Improving Digital Assets:

Much like privacy, digital assets have also troubled the blockchain development domain for a while. However experts predict that the following years will see continuous improvement in digital assets.

#3. Security Tokens On The Stock Markets: 

Utility tokens never got the necessary recognition. Since they didn't explode in the markets financially, investor attention shifted, leaving them devalued. With security tokens being introduced, things could take a turn for the better.

#4. Amped Up Security With Digital ID: 

Since cryptocurrencies have been receiving a lot of hate in the investor markets, firms worldwide are looking to close the security breaches with digital identification. This will ensure that data theft is rapidly minimized and cryptocurrencies are once again relevant.

#5. Peer-To-Peer Transactions:

Complete decentralization could be expected in the approaching years. This means that all transactions will happen peer-to-peer, making blockchain a clutter of decentralized platforms.

Blockchain development has left the world awed today. With digitization taking over, we can expect some incredible movements to happen in the tech industry. From self-driven Teslas to the Alexas in households worldwide, we're in for massive advancement - and blockchain is on that train! Reach out to Openwave - one of the best Blockchain Application Development Company in Singapore! Our experts will provide you with an amazing blockchain app in no time. Call us today to know more.