Bridging the Gap Between Traditional Finance and Cryptocurrencies

Bridging the Gap Between Traditional Finance and Cryptocurrencies

While traditional finance, which includes banking, investment, and insurance, has been around for at least a century, the digital currency market is relatively younger. Bitcoin, the first ever cryptocurrency, was released in January 2009 and did not gain much traction outside enthusiast communities until a couple years later. Over the past few years, however, applications of the technology have proliferated, with major technology companies such as IBM and Microsoft exploring its use cases to augment or replace existing financial processes.