Cryptocurrencies were developed across the idea of Satoshi Nakamoto’s decentralized peer to peer payment system. Many use cases are currently being addressed by cryptocurrencies. Let’s look at some of these:
- Cryptocurrencies like Bitcoin, Litecoin, Bitcoin cash, Dash etc. are used as a store of values as well as for transaction purpose. There are so many benefits of using cryptocurrencies as the medium of exchange over fiat currencies. First of all, they don’t involve any third party interference or control. Secondly, they don’t entail any high cross border transaction charges that are associated with remittances. Thirdly they provide a secure means of payment due to the robust blockchain technology.
- Some altcoins like Binance Coin, Waves, Huobi Token, Bit shares etc., are projects that have been built for decentralized infrastructures. They can be used to exchange cryptocurrencies. Their infrastructures facilitate the resolution of issues plaguing the progression of blockchain development, by furthering communication between different blockchains.
- The cloud computing market is huge and numerous projects are underway to decentralize it so cryptocurrency projects like Golem, SONM, Siacoin, Storj etc., have been developed for the use cases of data storage, data security, and cloud services which include file storage and cloud computing.
- Many decentralized platforms have been built for applications like Ethereum, Cardano, Ethereum Classic, NEO, Skycoin etc., which run on ‘smart contracts’.
- Presently the gaming, social and publishing industries have begun to incorporate cryptocurrencies like Steem, Tron, Reddcoin, Basic attention token etc., for rewards, reimbursements, and incentives.
- Cryptocurrencies like Monero, Zedcash, Verge, Bytecoin etc., can be used to perform anonymous or untraceable transactions something that bitcoin didn’t offer any more.
- Some cryptocurrencies like Ripple, Stellar, OmiseGo, Maker DAO etc., have been developed for banks, payment providers, digital asset exchanges and corporates. The altcoin’s infrastructure connects these institutions to provide a seamless experience to users who want to send money globally.
- Some cryptocurrencies like DigixDAO (DGD), Request Network (REQ), QASH etc., lets you access particular services and enables finance and digital security, users can leverage the blockchain to secure cash loans. For example, SALT is a smart contract based lending platform which accepts cryptocurrency-backed collateral.
- Many cryptocurrencies like VeChainThor (VET), Waltonchain (WTC) are helping businesses to improve their efficiency, transparency, and security.
- Cryptocurrencies continue to disrupt industries by resolving their limitations. These decentralized digital which includes Augur, Dentacoin, IOTA, Storm etc. have developed projects to improve energy and electrical distribution, dental health care transactions in crypto coins, integration of direct transactions into the vehicular industry like at charging stations and many more.
Women across the world actively take part in Cryptocurrency and they play an important role in dealing with Cryptocurrencies. Today, there are different business women involved in Cryptocurrency, and the number is increasing day by day.
Our friends at MrBTC.org developed a beautiful infographic on Women in Cryptocurrency – The Top 8 Women in Cryptocurrency, this infographic is all about the greatest achievements of the top 8 women dealing with Cryptocurrency. The infographic speaks some vital information about the following 8 Crypto women. Please check the following infographic and share your thoughts.
- Joyce Kim
- Perianne Boring
- Amber Baldet
- Jinglan Wang
- Jen Greyson
- Fahima Anwar
- Meltem Demirors
- Raine Revere
