Blockchain is the Technology of the Future

The cryptocurrency world has been quite a party for the past year or so. With many investments rising in the tens or even hundreds of percents, many individuals have been eager to get into the space. Bitcoin, the largest cryptocurrency by market capitalization has managed to rise over 1,500% this past year alone. Other coins such as Ripple, have risen as much as 11,200% which is almost unprecedented in any other market. Many investors believe that the actual market on cryptocurrency is not the important part, rather the underlying technology known as blockchain is where cryptocurrency shines.



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Blockchain is a technology that has been around for quite some time. The tech eerily resembles the way that the internet was formed. The technology has the power to change how we work, live and use our technology. Antonis Polemitis, CEO of the University of Nicosia and a pioneer in blockchain and cryptocurrency education stated that “this is an industry that we think that over several decades will be as revolutionary as the internet. We’re going to have several million people working in this industry, if not tens of millions.



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You are going to need accountants, auditors, lawyers and government regulators who understand how it works.” He further stated that “if you can develop an expertise at this stage in time at blockchain, you’ll have excellent job prospects and probably be pretty popular among your company because a lot of folks are trying to see where it fits in. And there’s not many people in the world that know how this works.” Given the amount of new technology in the space, the hopes are high that this groundbreaking technology can help to solve the issues that we face on a daily basis, moving us further into the future.

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