Cryptocurrency has become a hot topic among investors in recent years. With the explosion of Bitcoin, more and more people and businesses are looking to invest in cryptocurrency. These two reports explore the global cryptocurrency market and where it's headed.
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The financial markets are changing. No longer are consumers and businesses forced to use traditional government-backed currencies. They are now able to use cryptocurrencies to buy products and services. What is cryptocurrency exactly? Also known as digital currency, cryptocurrency is a type of alternative currency with a central banking system. It's generally produced using complex computer algorithms that "mine" the respective cryptocurrency.
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Some people assume that cryptocurrency is a new concept that just recently emerged, but this isn't necessarily true. It actually has origins dating back to the 1980s, during which a man named David Chaum envisioned a form of electronic money known as ecash. This wasn't the same as cryptocurrency that's seen and used today, but it still paved the way for modern-day cryptocurrencies.
The single most popular and widely used cryptocurrency is Bitcoin. First launched January 2009, Bitcoin has quickly grown to become the world's most popular cryptocurrency. It's supported by tens of thousands of merchants, many of whom offer incentives to customers who use Bitcoin.
Bitcoin is just one of many cryptocurrencies, however. There's also Bitcoin Cash, Litecoin, Ethereum, Ripple and more. All of these cryptocurrencies follow a similar structure in which there's no central government or banking system regulating them, However, there are nuances regarding the different types of cryptocurrencies and how they operate. Bitcoin Cash, for example, is said to offer faster and easier transactions than its Bitcoin counterpart.
The Global Cryptocurrency and Bitcoin Market Research 2018 report by Research N Reports is a professional analysis of the global cryptocurrency market. Featuring 124 pages, it offers an in-depth view into the market and where it's headed.
This report segments the global cryptocurrency and Bitcoin market by several criteria. On the basis of geographic region, the market is segmented into the United States, North America, Europe, China, Japan, Southeast Asia and India. The report also segments the market by end-user application as well as product type.
The 2017-2022 Bitcoin Report on Global and United States Market, Status and Forecast, by Players, Types and Applications report by Research N Reports is a second comprehensive study of the global cryptocurrency market. However, this report focuses specifically on Bitcoin, whereas the first report covers all cryptocurrencies. Within this report, you'll find prospective and future scenarios pertaining to the global Bitcoin market.
Some of the key cryptocurrency vendors profiled in this report include 37coins, Airbitz, ANX, Bitwata, BIPS, Bitcoin Susse AG, Blockchain.info, Blockstream, CEX. IO, ChangeTip, Circle, General Bytes and others.