BNMC Blog

Did you know that the United States has been pushing for the digitization of the dollar? There are certain benefits and detriments to doing so, but we wanted to go over some of them today so you can see how such a thing–digitization–might benefit your company. We’ll take a closer look at the legislation today.

Blockchain has been one of the technologies that are most cited on those “emerging technologies” lists at the beginning of each year for the past several, yet there is no mainstream indication that the technology is being integrated into tools that can benefit businesses and individuals. Today, we thought we would take a look at some of the ways blockchain technology was going to be used to improve digital systems and what is taking so long for these tools to be developed and initiated. 

You might remember Bitcoin, the cryptocurrency known for increasing the anonymity and privacy of transactions on the web. Bitcoin was gaining ground for a while, but a couple of key events left it in the dust, sinking to seeing use only as a currency used by hackers and criminals in online black markets. Now, however, it seems that Bitcoin is being used again, and with a few key innovations in how it’s spent, Bitcoin will continue to grow more popular as a payment option.