SharesPost Financial Corporation Released its Second Crypto Survey

SharesPost Financial Corporation Released its Second Crypto Survey

The Cryptocurrency and Blockchain Survey airs optimism. They found consumers remain optimistic in their long term viewpoint towards crypto and blockchain. Investors are also generally positive for the long term, but less optimistic for short term

There were 528 investor respondents and 2,490 respondents from the consumer side. Some points where both consumer and investor respondents agree:

  • Consumers and investors agree that the money transfer sector, payments, and asset management will experience the biggest disruption from blockchain;
  • Both groups of respondents agree the difficulty that faces blockchain adoption lies in the lack of education and practical, commercial use for it.

SharesPost is a San Francisco based brokerage company that trades various securities.

Related news

Oracles Are The Missing Link For Business Adoption, Says ChainLink CEO

Secure oracle mechanisms are the only way to bring established companies onto the blockchain, according to the founder of ChainLink (LINK). In an interview with Crypto Briefing, Sergey Nazarov explained that many companies are interested in using the technology, but are nervous about adapting to new infrastructure. “If you take some time to talk to these people and try and sell them a system, you realize that they literally run servers on COBOL,” Nazarov told Crypto Briefing.  COBOL is a business-oriented programming language first designed in 1959, which is still widespread in many systems. Companies may not be in love with it, but moving onto a new system is dangerous. “They have so much money on these systems that re-architecturing produces its own risk,” Nazarov explained. If anything goes wrong, the results could be catastrophic. “The question is, how can enterprises quickly start using these blockchain systems without having to throw out their infrastructure or their current workflows and backends?” Nazarov said. “Because the reality is that most of them won’t do that.” Oracle mechanisms, like ChainLink’s, can provide reliable data and information from external sources to blockchain smart contracts. They represent an ideal compromise for mainstream companies that are interested in leveraging DLT, but reluctant to transition to a radically different and unfamiliar system. “We’re selling this idea of decentralization to these folks,” Nazarov said.  The way to do that, he emphasized, is through oracles, which allow companies to only use as much of the new technology as they feel comfortable with. ChainLink Keeps Good Company Nazarov is not certain how many partners his company now has. “I think it’s past fifty,” he guessed. “It’s hard to keep track.” Following the mainnet launch at the end of May, even companies that have never spoken with ChainLink have unexpectedly announced new LINK integrations. It’s a sign, according to Nazarov, that more people are taking security seriously, “to show people their systems are secure end-to-end.” Many of ChainLink’s partnerships have also been with dApps. DeFi, in particular, has been a high growth space, and businesses in that sector need provably secure and reliable oracles to provide price feeds and market data. ChainLink has also announced collaborations with platforms such as Polkadot and Hyperledger. It takes roughly half a day for most projects to integrate ChainLink’s oracle mechanism, effectively outsourcing the problem of how to make those projects interact with the wider world. By helping projects interact with real-world data, ChainLink allows companies to free up resources for more productive purposes.  “All these types of platforms don’t really want to solve this problem,” explained Nazarov. “It’s not a core base layer-one type of problem, but it is going to be something that stops developers building certain types of applications that people are excited about.”   The post Oracles Are The Missing Link For Business Adoption, Says ChainLink CEO appeared first on Crypto Briefing.

Bitcoin To Have EXPONENTIAL Gains! Ripple CEO on XRP, TenX on Adoption, Safe Haven is Building!

250,000 Bitcoin BTC price is conservative - Tim Draper Safe Haven is Building with Low Funds, How about Others Believe TenX – Bitcoin adoption is three steps away Ripple #XRP CEO Brad Garlinghouse Talks About Utility in CNN Interview ----------------------------------------------------------------------------------- Sign Up For Altcoin Buzz Newsletter Now: Visit our website: Connect with us on Social Media: Twitter: Facebook: Telegram: ---------------------------------------------------------------------------------- Looking for the best cryptocurrency wallets? Check these out: BitLox: CoolWallet S: Trezor: Ledger Nano S: KeepKey: Read about them here: --------------------------------------------------------------------------------- #bitcoin #cryptocurrency #altcoin #altcoins #crypto #btc $BTC #bitcoinprice #ethereum #electroneum #cardano #enjin #hpb #digibyte #bitcoinnews #btcnews #libra #chainlink #ripple #xrp #xrpripple #binance #bitcoinnewstoday #cryptonews #litecoin #cryptocurrencynews #news Bitcoin cryptocurrency altcoin altcoins crypto btc $BTC bitcoin price ethereum electroneum enjin cardano digibyte bitcoin news btc libra chainlink ripple xrp ripple Binance bitcoin news today crypto news Litecoin cryptocurrency news hpb high performance blockchain $xrp $enj $etn $ltc $dgb $ada NOTE The information discussed on the Altcoin Buzz YouTube or other social media channels is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
Altcoin Buzz

Hot news

By continuing to browse, you agree to the use of cookies. Read Privacy Policy to know more or withdraw your consent.