How Cryptocurrency Improves Developing Countries

SEATTLE — Cryptocurrency and its blockchain technology continues to rise in popularity. Although some may be hesitant to adopt a cryptocurrency such as Bitcoin due to its volatile nature and anonymity, there are other coins and adaptions of blockchain that prove to be promising. Cryptocurrency continues to evolve, but it has already taken on a form that can advance developing countries both economically and politically.

Cryptocurrency improves developing countries by reducing corruption and promoting transparency, reducing transaction costs and time and offering greater financial inclusion and microfinancing.