Cryptocurrencies are growing at an ever faster rate with operators all over the world attracted to the markets encrypted by the exciting prospects of technology. Bitcoin is the most expensive virtual currency currently, valued at $ 6,388.99 per unit, according to Statista.comand Litecoin is helping to drive him too. While cryptocurrency had a nerd-like stigma, all of this is changing as it is accepted in more and more places by Charleston cafes, artisan grocery stores and hipster fashion shops in San Francisco.
Almost all experts predict that the cryptocurrency will continue to become more popular, what are some of the other crypto tendencies to keep eye of in the next year?
Blockchain implementations will grow significantly
Blockchain spending by organizations has been slower than expected this year, but a change is expected in 2019. PricewaterhouseCoopers, a company that works with many of the world's largest companies, recently reported that many of its customers they are spending a lot of blockchain initiatives and that spending will continue to grow. The demand for blockchain advisory services came to $ 1.7 billion.
Ripple could be the new Bitcoin
For institutional investors, the highest level of trust between cryptocurrencies should be Ripple in 2019, followed by Bitcoin, Ethereum and Stellar Lumens. Financial expert Douglas Borthwick who often contributes to Bloomberg and CNBC, says he believes that many legal currencies will be paired with Ripple as the dollar requires a two-day deal. On the other hand, the agreement for Ripple is immediate. It also notes that Ripple will see massive growth due to the size of global markets and this application of the real world. He even went so far as to say that there is no competition for Ripple, since it can be resolved in a few seconds.
Ripple is the only enterprise blockchain solution in the world, a unique cryptocurrency that facilitates global payments, digital asset exchanges, connects banks and payment providers. It is also the most convenient mainstream cryptocurrency, with the simplest and most accessible transaction system.
More adoption of security tokens
The the utility token is a token that represents the shared ownership of a digital asset. Computing power, processing power and file storage capacity are all examples of digital products that can be purchased and sold in a decentralized market due to their discovery. Contribute to 31% of the encrypted market as a whole. Unlike utility tokens, security tokens represent property in a real-world asset: debt, equity, or even real estate. Experts say that there is a lot of momentum towards tokenized securities, to the point that many believe that they will soon become a common part of Wall Street language.
Disclaimer: this article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and its affiliated companies, employees, writers and subcontractors are cryptocurrency investors and may from time to time have holdings in some of the coins or tokens they cover. Please conduct your own in-depth research before investing in any cryptocurrency and read our full disclaimer.
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