Blockchain has taken center stage in the fast-moving world of technological progress. The explosion of cryptocurrencies, especially now that bitcoin’s price has exceeded the $4,000-mark, has ushered in an era of unprecedented hype. Startups and established enterprises alike are all rushing to establish their own blockchain presence.
These blockchain ventures seek to build innovative services on top of the technology while venturing into verticals beyond finance. Regardless of the nature of these efforts, a key challenge is to overcome legacy thinking.
"One of the main things holding back customer adoption is the lack of legacy financial services, which are available. This is precisely why we built a blockchain payment gateway to bridge that of legacy financial services with that of innovative technologies available via blockchain, says George Basiladze, CEO and co-founder of UK-based Cryptopay, a global payment gateway and a provider of bitcoin wallets and debit cards."
I spoke with Basiladze to get a better understanding of how blockchain – and Cryptopay – are ushering in a new era of finance, and about the possibility of blockchain as a banking alternative to the masses.
Full story at http://bit.ly/2wJkBB1
Source: Forbes
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