With Bitcoin more than tripling recently since hitting it’s 2018 low of just over $3,000 USD, interest in the world of blockchain and digital currencies is back in a big way.
With reports of major international banks teaming up to invest in the creation a digital cash system using blockchain to settle financial transactions while Facebook releases plans to create their own digital currency, blockchain is capturing the major headlines on a weekly basis once again.
Headlines are nice and all, but we’re yet to see the blockchain commercialization and mass adoption that some have been touting since 2017.
Scaling has been spotlighted as an issue as well as the lack of public education of the technology and currency side of things. Despite this, Asia still remains the world’s leading market for usage and arguably innovation.
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