For a long time, the world of cryptocurrencies and blockchains was viewed as a niche space of little interest to mainstream business and finance sectors. With J.P. Morgan, Facebook, Walmart, and even some central banks investing in these new technologies, this has undoubtedly changed. The Cryptocurrency Revolution explains the most important takeaways from the continued growth of digital currencies and blockchains and explores the transformative possibilities of borderless payments and machine-to-machine transactions.
Written in jargon-free and accessible language, this book examines the key value proposition of Bitcoin and other cryptocurrencies and how blockchains could enable banks to become more efficient. It looks at the potential impact of company-backed digital currencies (such as Facebook's Libra) and how governments and regulators around the world are reacting to new innovations. With discussion of the principles of tokenomics and the difference between public and private blockchains, The Cryptocurrency Revolution is the essential guide for professionals wishing to understand the threats and opportunities of the changing world of money.