Crypto market in 2020 is gonna bring a lot of exciting changes and innovations in the cryptocurrency industry. The market analysis reports a steady rise in the no. of cryptocurrency and blockchain-related startups. Also, the ICOs, mining, dApps, etc. are about to increase.
The blockchain industry is on the rise and expected to bloom in 2020. Many established companies like Coca-Cola, VISA, Walmart are adopting Blockchain in their day-to-day activities. Based on these analyses, it is easy to say that Cryptocurrency is the future.
What's your take on this?
Have they adopted blockchain? i think they have not yet adopted it as that's still just a plan. From what i know about that if VISA is not yet thinking to use blockchain as its own scalability is still capable to compete with the blockchain. There are some things that need to be corrected. We have so many innovations in crypto and i agree about that but what makes me sceptical with the fact if crypto is not yet owned a real utility coin other than bitcoin.
We have mining platform, Dapps, especially for the new icos that always coming every day but what we have lost to see a platform that puts its token at the top of their priority to give utility usage.
Blockchain technology is not the only thing that gains the trend but the stable coin too as there will be a lot of digital currency issued by the regulators.
When all of the development progress related to the crypto will go without a lot of problems and i do agree with that article but some point must be corrected just like not all hard forks will be giving a huge impact to the price and that depends on the trend. That article is also not mentioning if there is no altcoin with real utility usage too and there is not ETA about when libra will arrive.