It’s been a very interesting year, to say the least. The coronavirus pandemic has changed our day-to-day lives more than we could ever imagine and the world of crypto has hit new highs with bitcoin surpassing $20,000 earlier this month.
We hope you had a good Christmas and as we get ready to enter 2021, I think it’s safe to say many of us will be waving 2020 goodbye with a happy face.
The technology behind bitcoin, blockchain has also had an interesting year. Many big companies are looking at adopting the technology thinking it will help advance their business methods and they wouldn’t be wrong.
If you’re new to the industry, blockchain may be a word that is new to you, you are familiar with it but still have no idea what it is.
Essentially, it powers everything. Bitcoin, ethereum, and so on. Without it, you wouldn’t have cryptocurrencies.
In 2021, or we see Blockchain grow even further?
More than likely, the answer is yes. With coronavirus still impacting many countries all over the world, touching technology could seriously help with speeding The recovery of the economy. Yes, a vaccine has already been deployed in countries like the United Kingdom with a 95% success rate but the economy is going to need something a lot more to help recover.
On top of this, institutional investment has been massive this year. Many big companies have been getting on the bandwagon and are more likely going to be staying for the foreseeable.
For blockchain though, there is a hope that over time, complete industries will be using the same technology to help firms connect.
For more news on this and other crypto updates, keep it with CryptoDaily!
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Title: Will 2021 see blockchain grow?
Sourced From: cryptodaily.co.uk/2020/12/will-2021-see-blockchain-and-grow
Published Date: Thu, 31 Dec 2020 09:30:07 +0000
Marla Brooks – Financial Analysis
My name is Marla Brooks, and I am the mainstream behind the”observednews.com” for the powerful and most delicate insights into the latest activities in the financial analysis category. I started my journey as an independent financial consultant. I had approximately nine years of experience in this field. I am free soul so; my passion for exploring the world has taken me to the nations across the globe and given me the chance to report for a portion of the best news associations. Currently, I am a full-time editor as experienced in finance and started to use my abilities.