Cryptos : The Good Side ? The Potential, Positive, Global Effects

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The world is changing. From instant fund transfers to decentralisation to fraud and identity theft protection, the world of cryptos 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 cryptos 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.


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