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1. Electronic money is considered as an asset
Electronic money is facing a great challenge from governments and businesses.
China recently announced that it would prohibit ICO and Indian investment activities from prohibiting the use of Bitcoin as a payment method.
At the company level, Facebook is blocking all Bitcoin ads and ICOs aimed at minimizing fraudulent activity. Financial companies like MasterCard and Visa have redefined electronic money transactions as transfers rather than payments and they are applying higher fees for these transactions.
Despite these obstacles, electronic money has surpassed a major threshold in 2017, when earlier digital assets such as electronic money were expected to soon be wiped out, at least in the United States, in electronic money. is constitutionally protected as a kind of property:
"People now view electronic money as a unique, non-reproducible, non-fake digital, and that's why it's a physical asset."
2. Human resources determine the future of electronic money
"Many talents have been attracted by the electronic money industry. And their talents will help the industry succeed. "
The dispersion helps to promote the development of electronic money. By 2020, there will be new applications of electronic money that we have not thought of yet.
3. The encryption technology of electronic money has tremendous potential
The encryption technology of electronic money is used to handle all activities from e-banking to digital signatures. Simply put, this technology encodes and decodes messages so that only recipients can access it.
"Bitcoin is the most widely deployed encryption technology in the history of the world."
Bitcoin uses public key cryptography, a technology much more sophisticated than conventional encryption. Individuals owning an electronic wallet will have a private key to prove their identity and a corresponding public key. It is the level of security that was never before available to individual users./.
