“Economy today has been saturated with new and emerging forms of consumption” – Mariana explains. These trends of consumption have resulted from the confluence of a number of technological, economic and social factors, which are currently shifting the conventional forms of commercial exchanges and major developments in computer science, letting to the blockchain technology emergence in 2008.
“This technology has let to the amplification of genuine peer-to-peer transactions which are done with limited intermediation and with the rapid growth of cryptocurrencies.” – Mariana claims. “Blockchain became an underlying technology that has attracted a lot of attention.”
While the blockchain technology is really known for its application in multiple sectors, today exist solely in the digital world and its used to integrate and exchange digital value through a process facilitated by the principles of cryptography.
Blockchain cryptocurrencies are traded on global platforms, while some cryptocurrencies may be used as a means of payment they’re actually not considered still a legal tender.
The growth of bitcoin will continue to accelerate, if we look at the European landscape in terms of crypto invested, it is evident that Western European countries continue to lead the chart with UK, Germany, Switzerland and France at the forefront. Nevertheless, when it comes to the number of people who have been investing in cryptocurrencies Ukraine and Russia are ranked first and second.