The interest in cryptocurrencies
is not just affecting bitcoin
customers , but firms alike.
Last year, a small UK business
changed its name from “On-line Plc” to “On-line
Blockchain Plc”, and subsequently saw its shares
quadruple the day after the announcement, the
largest jump since they started trading two
decades ago , the growth trend is
expected to continue.
This strong growth trend is likely to continue into
2018. In Canada, 50 frms tied to blockchain and
cryptocurrencies are set to list.
Unsurprisingly, views on the topic remain
extremely polarised. Zealots claim the technology
will bring about a wave of decentralisation that
will upend banks, governments, and the world’s
largest internet companies, while sceptics
dismiss the phenomenon entirely, suggesting
fraud and tracing predictable parallels to the 17th
century Dutch tulip mania.
The reality will likely
be found between these two extremes.
EUForecast suspects that just like the
telephone companies , that started with
copper wire , connecting homes to
exchanges, then having to deal with
wireless mobile technologies, so too
entities that handle & work with