Cryptocurrency and Blockchain have faced so much criticism and negativity, In no time it has overcome the barriers. Now it is one of the useful technologies for almost every industry out there. People yet have a dilemma about the crypto industry to step in or not. 

This article will walk you through how much the Blockchain and cryptocurrency are transforming other sectors.  

It is one of the futuristic vast technologies and it should be defined as a requisite which every other industry should adopt. Back in 2017 most of the people were unbalanced about cryptocurrency. Slowly the adoption rate and Technical aspects have proved them wrong.

After the 2018 market spike, Everything has changed. Mass attention was increased in Cryptocurrency. Everyone has acknowledged it and having a Crypto and Blockchain tag now is like working in one of the astonishing technologies. However, after 2018 the most volatile Market is now performing stably. 

Global Digitalization :

The Global Economy is rapidly moving towards the Digital Ecosystem. Almost every tier 2 city has a digital payment option these days. Cryptocurrency is Twofold of the present digital sector because of the technology behind it.

Newbies are reportedly learning about cryptocurrency and Blockchain, In Countries like India, where the government is reportedly planning to ban crypto for the second time (No official statement yet). This shows how people are fanatic about this new digital sector.

Blockchain in Mainstream :

Blockchain has already entered the mainstream. According to a report by Deloitte, Many firms have been prioritizing Blockchain Technology and the potential of digital assets in the future.

The above report shows how blockchain has overcome calling overhyped tech to one of the most scalable technologies. However, the corporate vision on the blockchain is, the cryptocurrency has been frequently spotlighted by most of the most influential entrepreneurs, business persons like Elon Musk, Jack Dorsey, Roger Ver, and even singers like Akon are ready to launch a  cryptocurrency. Definitely, anyone who has been into this industry will try not to leave it, Including me. 

The Future of Cryptocurrency and Blockchain:

The cryptocurrency was created in the wake of the global financial crisis of 2008, and it precisely focused and built in a way that people could control their money themselves. Today everyone knows in the near future there will be no paper currency and everything will be digitized. A cryptocurrency is a refined form of digital currency.

As of now The aspects of Bitcoin’s technology is being widely used in different industries because of its ability to maintain transparency and store highly sensitive information and personal details through the use of smart contracts. It has been estimated that this industry will reach over $23.3 billion by 2023. 

Advertising Ban: 

Particularly in the Crypto Industry, Ad tech has taken a unique turn on the period of Initial Coin Offerings (ICO). But after the ban of advertisements of a cryptocurrency over platforms like Facebook, Twitter, and google. The marketing sector had to face a little uncertainty. But this hurdle hasn't stopped industry yet, According to Forbes Marketing companies have multiplied to a total of 290 in 2019 whereas it was featured 22 in 2017. 

Recently in a discussion with Cointelegraph team the creative director at Paradox Group told Cointelegraph

Platforms are gearing up to lift the ban for the crypto ads. Yes, with more terms and conditions. Meanwhile, Brave software has launched a browser in 2019 where users get paid in BAT crypto tokens for the ads they click on. This shows a new path for the Advertising and Marketing lineup and huge growth for Industry in the future.

Blockchain Tech and Other industries :

Many companies have focused and added the Blockchain tech into their bucket. Industries like Supply chain, Healthcare, Logistics are reportedly adopting and building blockchain-based platforms. The tech side of the cryptocurrency is going to eliminate huge middlemen frauds in these industries. Reports say blockchain is going to add huge revenue to different industries by the end of 2025.

Thus, all I can say is, this industry is booming and those who want to get involved in it, this is the right time to start and follow a proper path. This market is flourishing and it is offering a lot of opportunities. So, I can conclude that working in the Crypto Industry is a perfect deal and it is definitely the right decision.