Predicting the exact timeline for mass adoption of blockchain technology is difficult as it depends on various factors such as technological advancements, regulatory environment, and consumer demand. However, we can observe that blockchain technology is already being adopted in various industries, and the adoption rate…
Tokenization is a process of converting an asset, such as real estate, stocks, or artwork, into a digital token that can be bought, sold, and traded on a blockchain. The use of tokens is increasing in popularity as more industries realize the benefits of using…
According to the M2 approach (The Federal Reserve’s main measure of the nation’s money stock), the money supply in the US has expanded by more than 40% since January 2020. As has been seen throughout history and in the present, inflation occurs when there are…
As we already know, smart contracts allow you to send and receive money without human intervention. For example, if you wanted to buy a house using bitcoin, you could create a smart contract that automatically transfers funds from your bitcoin wallet to the seller’s bank…
While the idea of central bank digital currencies (CBDCs) is an exciting one for many people who have used cryptocurrencies like Bitcoin, it’s not yet clear what kind of role a central bank digital currency would play. The Bank of England announced plans to launch…