{"id":40988,"date":"2020-06-30T03:49:09","date_gmt":"2020-06-30T07:49:09","guid":{"rendered":"https:\/\/www.opensource.im\/uncategorized\/visualizing-the-rise-of-digital-payment-adoption-visual-capitalist.php"},"modified":"2020-06-30T03:49:09","modified_gmt":"2020-06-30T07:49:09","slug":"visualizing-the-rise-of-digital-payment-adoption-visual-capitalist","status":"publish","type":"post","link":"https:\/\/euvolution.com\/open-source-convergence\/cryptocurrency\/visualizing-the-rise-of-digital-payment-adoption-visual-capitalist.php","title":{"rendered":"Visualizing the Rise of Digital Payment Adoption &#8211; Visual Capitalist"},"content":{"rendered":"<p><p>Cryptocurrency is a thriving ecosystem, quietly encroaching on conventional finances territory.<\/p>\n<p>Over the last five years, Bitcoin users and transactions have averaged a growth rate of nearly 60% per year. Similarly, private and public investors have deepened their commitment to cryptocurrencies including Ethereum, Ripple (XRP), and Stellarand a number of others across the industry.<\/p>\n<p>Todays infographic unpacks a cross-section of cryptocurrencies, stakeholders, and core applications across a sector thats continuing to grow in importance.<\/p>\n<p>Cryptocurrency has erupted into a $200 billion industry, sparking a wave of global disruption.<\/p>\n<p>At the heart of cryptocurrency is a rich history of innovation. It extends back to the 1980s with advances in the field of cryptographyeventually leading to the technology that forms encryption techniques designed to protect the network.<\/p>\n<p>Since then, a series of key events have continued to shape the sector.<\/p>\n<p>Now, there are over 5,000 cryptocurrencies in circulation, with many built on innovative applications and use-cases as the ecosystem rapidly evolves.<\/p>\n<p>Today, crypto offers cutting-edge advances that are diverse and transformative. In addition, it could also be considered an investment in tomorrows financial systemdecentralized finance (DeFi).<\/p>\n<p>DeFi is an emerging alternative financial system that is built on a public blockchain, which enables greater accessibility because anyone has the ability to connect to it.  Additionally, transactions are publicly visible, enabling greater transparency across the system.<\/p>\n<p>Here is a refresher on some of the practical advantages being applied across cryptocurrencies.<\/p>\n<p>The cryptocurrency ecosystem is growing rapidly. Worldwide, private and public actors recognize its potential across many domains.<\/p>\n<p>Who are the primary participants in the field today?<\/p>\n<p>The rising popularity of crypto is bolstering new policies and adoption, as evidenced by the many players trying to break into the space. <\/p>\n<p> As crypto continues to  gain momentum, its longer-term implications will come into focus. Crucially, its cryptographic foundation sets the stage for future advances in finance.<\/p>\n<p>Rooted in decentralized and autonomous systems, cryptocurrencies are creating second-order effects in the financial world. Ultimately, cryptocurrencies are helping to transform finance as we know itunlocking countless investment opportunities across the global economy.<\/p>\n<\/p>\n<p>Thank you! <\/p>\n<p>Given email address is already subscribed, thank you! <\/p>\n<p>Please provide a valid email address. <\/p>\n<p>Please complete the CAPTCHA. <\/p>\n<p>Oops. Something went wrong. Please try again later. <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>Originally posted here:<br \/>\n<a target=\"_blank\" href=\"https:\/\/www.visualcapitalist.com\/digital-payment-adoption\/\" title=\"Visualizing the Rise of Digital Payment Adoption - Visual Capitalist\" rel=\"noopener noreferrer\">Visualizing the Rise of Digital Payment Adoption - Visual Capitalist<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Cryptocurrency is a thriving ecosystem, quietly encroaching on conventional finances territory. Over the last five years, Bitcoin users and transactions have averaged a growth rate of nearly 60% per year. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[869],"tags":[],"class_list":["post-40988","post","type-post","status-publish","format-standard","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/40988"}],"collection":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/comments?post=40988"}],"version-history":[{"count":0,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/40988\/revisions"}],"wp:attachment":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/media?parent=40988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/categories?post=40988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/tags?post=40988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}