Cryptocurrencies as main users of Blockchain

[suhasini523]

A cryptocurrency is the word that refers to all new digital currencies that use blockchain as a base.

They are not physical coins or cash, but are stored in a “digital wallet.”

It's practically like a foreign currency. In fact, its value is still affected by supply/demand and world events, such as government policy. But let's bring Bitcoin as an example. In roughly 2013, a single Bitcoin was worth around $7. Today? It's worth over $9000 , a figure that is constantly changing.

If you had bought some Bitcoins in 2013, you would be swimming in slovenia whatsapp resource money right now. But Bitcoin is not the only currency; there are many other cryptocurrencies to choose from, such as Litecoin, Digitalcoin, Peercoin, and Ripple, to name a few. This incredible rise shows the amount of disruption that is taking place in the financial industry right now. But what about digital marketing?

Blockchain in digital marketing
Now that we’ve gone through all the complex technological information, let’s apply this to digital marketing . Below are some of the areas where you’ll start to see changes.

advantage-of-blockchain-digital-marketing

Transparency
One of the problems that many companies, especially large ones, face is trust.

People are skeptical of many things, from where their food or medicine comes from to the factory conditions where the product was made, and they are right to be wary. Therefore, a salesperson's job is to build trust in the product in order to sell it successfully. So the way to build more trust is through transparency.

“One of the advantages of Blockchain is eliminating the middleman.”