29 Nov '14, 11pm

Report: ‘Virtual Currencies Set to Quickly Disrupt Major… #VirtualCurrencies #Bitcoin

Report: ‘Virtual Currencies Set to Quickly Disrupt Major… #VirtualCurrencies #Bitcoin

According to a study published recently by Technology Strategies International, Inc. (TSI), virtual currencies are likely to be a major disruptive force within the next decade. The report, entitled “The Future of Virtual Currencies 2014,” speculates that virtual currencies such as Bitcoin have grown to the point that there is literally no stopping these new innovative technologies that are cropping up every day. Finally, the report advises organizations that want to avoid being pulled under by this wave to begin preparing themselves now. The focus of the report was not Bitcoin itself. Instead it studied blockchain technology. Bitcoin, the first use of this technology, appeared in 2009, and since that launch, there have been more than 1,700 new virtual currencies . Not all of these currencies have survived. Many have been recognized as “scam coins” by a vigilant community. ...

Full article: http://cointelegraph.com/news/113016/report-virtual-curre...

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