Blockchain is transforming everything! Be it payments transactions or how money is raised in the market, this life-altering technology is reshaping our world.

The transfer of attitude within the market toward cryptocurrency and stable coins is commendable. Years since its beginning gain in popularity found are immense throughout the financial sector. This has enforced recently many big names approving digital bond offering from bitcoin and selecting stellar as its preference for blockchain in the security token system. In March 2019 IBM too has announced the launch of its digital token system along with Stellar.

Not doubt the craze for cryptocurrency has increased in recent past times, but undoubtedly the exchange of the currency is still considered as inconsistent, risky and unpredictable in the market. However, cryptocurrency offers a lucrative profitable reward which works most of the time but one find it confusing and difficult to know about the information especially when it comes to doing the cryptocurrency exchange development.  The unsafe character, on the one hand, discourages the investor but huge profit sharing and increasing value pump up more investors hence the whole cryptocurrency exchange system are based on confidence and capabilities.

With the skyrocketing value, Cryptocurrencies are resulting in a stir.  This has even lead to the demand for Blockchain wallets which is increasing every day. According to the Statista, by the end of 2017, over 21 million users were reported to be making use of the wallets for transactions of their digital currencies.

Cryptocurrencies are disruptive economic innovation that have the potential to revolutionize the current economic structure and change how banks and financial institutions operate. Bitcoin is the most popular form of cryptocurrency that enables digital transactions between two parties without the need of an intermediary. Every transaction is digitally recorded in blocks which act like ledgers and once a block is filled a new block is created. All blocks are connected to each other using hashtags and a linear chronological sequence of these blocks forms a blockchain. Thus, every transaction is digitally recorded to keep security at a top notch level. Though the transactions are recorded, the information of the parties participating in the exchange is not revealed. The money can only be tracked when it is converted into cash. This public way of managing transactions has created the possibility of a huge revolution in the banking sector across the world. The economic power which lies with the governments and financial institutions is at stake which has made them wary of cryptocurrencies.