1. Introduction
The world is changing. From instant fund transfers to decentralisation to fraud and identity theft protection, the world of crypto looks as if it’s going to overhaul entire industries and businesses on a global scale. The question people ask is: is it good? And if it is good – for whom is it good?
Those in favour of cryptocurrency point to the many advantages of crypto coins, as well as of Blockchain technology: digital currency, instant transfer, decentralised applications, transparency, etc.
Those against cryptocurrency point to its shady origins, lack of regulations resulting in far too many crypto coins (nearly 2,000), ICOs that can be scams, and so forth. Certainly, the crypto world seriously disrupted businesses in more ways than Satoshi Nakamoto could have imagined, when he created Bitcoin, back in 2008.
The aim of this article is to review the possible positive future impact of cryptocurrencies and Blockchain technology in the tech industry, global utilities, the environment and more. From tech industry to healthcare, IoT, gaming, HR and even fishing, cryptocurrencies and Blockchain technology could truly revolutionise the economy on a global scale.
2. Cryptocurrencies in the tech industry
It started out slowly, but suspicion of Bitcoin and the crypto world in general, seems to be slowly evaporating in the tech industry. As a validation (excuse the pun), all one has to do is look at tech giants such as Microsoft, Dell and Dish, which are now accepting cryptocurrencies as payment. This is a revolutionary solution for peer to peer monetary transfer, but the effects of cryptocurrencies have now reached many businesses and industries, and the tech industry already is a major hub for crypto and Blockchain applications.
