Cryptocurrency: The Solution to Common Transaction Problems
The future of online shopping is changing in a myriad of ways, with cryptocurrency leading the way. Since its inception, Bitcoin - the most popular type of cryptocurrency - has grown rapidly, with the number of user accounts expanding from 765,000 to 5.3 million from 2013 to 2014. Cryptocurrency promises solutions to a number of pain points among both merchants and consumers, so it's no wonder prominent news sources such as The Economist have claimed that the technology behind it could "Support a revolution in the way people own and pay for things". That being said, there are several barriers standing in the way of mainstream adoption.