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[Blaka]

Conventional cross-border transactions frequently entail difficult procedures, exorbitant charges, and difficulties in converting currencies. Conversely, cryptocurrencies expedite swifter and more economical cross-border transfers owing to their decentralized characteristics and peer-to-peer functionality. This has the capability to completely transform remittance services, ultimately benefiting migrant laborers who heavily depend on remitting funds to their country of origin.

 

[Lens_]

The advent of the non-fungible token as also showcased a great potential of the blockchain technology to transform the digital world. The digital assets like music , arts and collectibles could be monetized.

 

[Flower]

Cross border transaction has been made so easy by cryptocurrency because it has a faster transaction time and the transaction fee is very low. This is what is going to promote a global financial transaction.

 

[Lens_]

Cryptocurrency could be used to preserve wealth especially in countries with unstable currencies or countries that have restricted financial systems and it will provide an opportunity to access financial services outside the banking system.

 

[Flower]

The regulatory framework that is governing cryptocurrencies right now are evolving and this help to address the concerns that is related to the protection of the consumers financial stability and the anti money laundering activities that are associated with cryptocurrency.

 

[Wisdom01]

The blockchain technology is a very wonderful development because the underlying cryptocurrencies allows you to carry out efficient transactions and any transactions made are immutable. They actually create ways for innovation in supply chain management.

i believe the blockchain technology has potential to revolutionize the supply chain management industry by providing a more secure and transparent way of tracking goods and transaction

 

[kayode10]

As the world is gradually moving to 50th industrial revolution cryptocurrency is going to play an integral role in the mood at which business can be done. I believe cryptocurrency is likely to become personal tools which can be accessed through our fingerprint and other transaction can be hold with it.