06 Sep '17, 7am

We're featured on @Inc Southeast Asia today!

We're featured on @Inc Southeast Asia today!

No bones about it: cryptocurrencies have come a long way since bitcoin’s nascence. From a mere 50 bitcoins in 2009, the cryptocurrency’s circulation stands at more than 13,000,000 today, with the world likewise seeing various blockchains spring up across different financial markets and industry verticals. There are now hundreds of public blockchains available, with total market cap currently estimated at almost $100 billion, and the potential opportunities in the space remain massive. The World Economic Forum has even gone so far as to predict that 10 percent of global GDP will be stored on the blockchain in less than 10 years. If you look at this in terms of today’s GDP, that figure is a whopping $7.8 trillion. Insert dollar-eyed emoji here. And yet for all the fervor surrounding bitcoin and other cryptocurrencies, two challenges stand out: first, it’s difficult to spend ...

Full article: http://inc-asean.com/editor-picks/singapore-based-fintech...

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