In 2020, the cryptocurrency market started booming. As institutional adoption is accelerating, crypto payments are accepted by more businesses than ever. But when did it start?
International finance is evolving rapidly, as it is fueled by blockchain, AI, fintech, and mobile devices. By 2022, global e-commerce is projected to reach $5.69 trillion. As the online marketplace is expanding, the future belongs to companies that embrace innovation.
Resistance to Change
Despite the development of retail in recent years, its payment systems have been largely static. Debit and credit cards account for the majority of transactions. Cryptocurrencies offer new benefits, so more and more enterprises recognize their value.